South Korean cryptocurrency exchange Upbit has suspended operations with BERA Chain due to the upcoming hard fork scheduled for June 4, 2025. This decision is aimed at maintaining network stability and securing user assets.
Reasons for the Suspension
Upbit, a leading cryptocurrency exchange in South Korea, will temporarily suspend operations with BERA Chain due to scheduled changes in the network. The hard fork is set for June 4, 2025, and such actions are taken to minimize potential risks to user assets.
Importance for Users
The suspension of operations with BERA Chain will ensure asset protection during the transition. Experts advise users not to make deposits during this period, as it contributes to network stability and minimizes operational risks.
Upbit's History with Previous Suspensions
Previously, Upbit has carried out similar suspensions, such as in February 2025 with the Polygon ecosystem, which confirms the effectiveness of their standard procedures. This highlights their commitment to regulatory compliance and ensuring the security of user assets.
The temporary suspension of operations with BERA Chain on Upbit represents an important step towards ensuring network security and asset stability. This approach highlights the exchange's seriousness regarding user asset protection and readiness for technical upgrades.
