UPbit Suspends SEI Withdrawals and Deposits Temporarily on September 16 Due to Network Upgrade

IconCryptoNewsTerminal Staff12 Sep, 2024

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UPbit Suspends SEI Withdrawals and Deposits Temporarily on September 16 Due to Network Upgrade

Crypto Exchange UPbit Suspends SEI Transactions UPbit, one of the leading cryptocurrency exchanges, has announced the temporary suspension of SEI withdrawals and deposits. This suspension will take effect from 6 PM on September 16, 2023. The suspension is due to a scheduled Sei Network upgrade. During this upgrade, the network will be unavailable for transactions. UPbit has stated that the suspension will be lifted once the upgrade is complete. Users who wish to withdraw or deposit SEI during this period are advised to do so before the suspension takes effect. UPbit has also recommended that users monitor the Sei Network's official channels for updates on the upgrade progress.