Crucial NEAR Protocol Upgrade: Upbit Announces Temporary Deposit and Withdrawal Suspension
Main Idea
Upbit will temporarily suspend NEAR Protocol (NEAR) deposits and withdrawals on August 18 at 03:00 UTC to support an upcoming network upgrade, ensuring a smooth transition.
Key Points
1. Upbit's suspension of NEAR deposits and withdrawals begins on August 18 at 03:00 UTC.
2. The suspension is to facilitate the NEAR Protocol upgrade, ensuring security and performance improvements.
3. Users are advised to complete any necessary NEAR transactions before the deadline to avoid disruptions.
4. Network upgrade support is a standard practice for exchanges to ensure compatibility with the upgraded blockchain.
5. The suspension is temporary and will last until the NEAR Protocol upgrade is complete.
Description
BitcoinWorld Crucial NEAR Protocol Upgrade: Upbit Announces Temporary Deposit and Withdrawal Suspension Attention cryptocurrency users! South Korean crypto exchange Upbit has issued an important announcement concerning NEAR Protocol (NEAR) that could affect your transactions. Staying informed about such updates is crucial for managing your digital assets effectively. Upbit recently confirmed on its official website that it will temporarily suspend NEAR deposits and withdrawals. This measure is a...
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