Bithumb Suspends VET and VTHO Deposits/Withdrawals for VeChain Upgrade

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author: CryptoNews

date: November 18, 2025

1 min. read

Bithumb, a major South Korean cryptocurrency exchange, has announced a temporary suspension of deposits and withdrawals for VeChain (VET) and VeThor Token (VTHO). The suspension is scheduled to begin on December 2nd at 15:00 KST. VeChain (VET) Network Upgrade Support This temporary halt in services is to facilitate the upcoming VeChain (VET) mainnet network upgrade. Bithumb is taking this precautionary measure to ensure a smooth and secure transition for its users. While deposits and withdrawals are suspended, trading of VET and VTHO on the Bithumb platform will continue as usual. Users can still buy and sell these tokens during the upgrade period. Bithumb will closely monitor the VeChain network upgrade process and will resume deposit and withdrawal services as soon as the upgrade is complete and the network is stable. An official announcement will be made when services are restored. ```