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Temporary Suspension of ZETA Deposits on Bithumb: What You Need to Know

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by Giorgi Kostiuk

2 hours ago


South Korea’s major cryptocurrency exchange Bithumb has announced a temporary suspension of ZETA deposits and withdrawals, effective September 16 at 9:00 AM UTC.

About the Suspension of ZETA Deposits

Bithumb has announced a temporary halt for all ZETA deposits and withdrawals, commencing on September 16 at 9:00 AM UTC. Users should take note of this date and time, as all transactions involving ZETA will be affected.

Reasons for the Suspension of ZETA Deposits

While the specific reasons for the suspension of ZETA deposits have not been detailed, such measures are typically taken for several key reasons:

* System Maintenance: To upgrade or maintain infrastructure. * Network Upgrades: If the ZETA blockchain is undergoing significant updates. * Security Audits: To protect user assets. * Regulatory Compliance: To adapt to new or evolving regulations. * Technical Issues: To address unforeseen challenges.

Actions for ZETA Holders

ZETA holders on Bithumb are advised to:

* Review Holdings: Check your ZETA balance. * Plan Ahead: Complete any necessary ZETA deposits or withdrawals before the deadline. * Stay Informed: Regularly check Bithumb’s announcements for updates.

The temporary suspension of ZETA deposits on Bithumb is an important operational update for all users. Staying informed through official channels and planning ahead will help mitigate any inconveniences.

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