Upbit, one of the leading cryptocurrency exchanges, has announced a temporary halt on all deposits and withdrawals for Polkadot (DOT) as part of a scheduled network transition. According to the assessment of specialists presented in the publication, this measure is set to take effect at 3:00 AM UTC on November 4th.
Suspension of Polkadot Blockchain Services
The suspension is aimed at improving the performance, security, and scalability of the Polkadot blockchain. Users are strongly encouraged to finalize any urgent transactions before the suspension commences as they will be unable to transfer their DOT during this period.
Upbit's Commitment to Users
Upbit has committed to keeping its users informed about the duration of the suspension and will announce when services will resume following the completion of the network transition.
In a related development, Bybit has announced a halt on new user registrations in Japan, effective October 31, 2025, to comply with local regulations. For more details, see read more.
