Upbit Suspends AKT Deposits and Withdrawals for Scheduled Maintenance

Upbit Suspends AKT Deposits and Withdrawals for Scheduled Maintenance

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by Arif Mukhtar

a year ago

Made with AI

Upbit, one of South Korea's premier cryptocurrency exchanges, has announced a temporary suspension of deposits and withdrawals for Akash Network's AKT token. This decision, effective from November 24 at 7:00 PM, is part of routine maintenance aimed at bolstering security measures. According to the results published in the material, this action is expected to enhance user protection during the maintenance period.

Trading Services for AKT Remain Uninterrupted

The exchange clarified that trading services for AKT will continue uninterrupted during this period, ensuring that users can still engage in buying and selling activities. Analysts have noted that the market dynamics surrounding AKT appear stable, indicating that the temporary halt is a standard operational procedure rather than a response to any underlying issues.

Deposits and Withdrawals to Resume After Maintenance

Upbit has assured its users that deposits and withdrawals will resume promptly once the maintenance is completed. This proactive approach underscores the exchange's commitment to maintaining a secure trading environment for its users.

Bithumb has announced a temporary suspension of deposits and withdrawals for the BABY token as part of a network upgrade, which is a standard practice during such maintenance. For more details, see more.

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