Crucial Upbit Scroll Suspension: What Investors Need to Know About the Upcoming Network Upgrade
Main Idea
Upbit will temporarily suspend Scroll (SCR) deposits and withdrawals on August 19 at 02:00 UTC due to the upcoming Scroll network upgrade, which aims to improve the blockchain's features and security.
Key Points
1. Upbit announced a temporary suspension of SCR deposits and withdrawals starting August 19 at 02:00 UTC to accommodate the Scroll network upgrade.
2. The Scroll network upgrade is intended to introduce new features, enhance security, and improve scalability and efficiency.
3. During the suspension, trading of SCR on Upbit may continue, but moving tokens in and out of the exchange will be paused.
4. Investors are advised to complete any necessary SCR transactions before the suspension deadline to avoid disruptions.
5. Users should check Upbit's official announcements for the exact scope and duration of the suspension.
Description
BitcoinWorld Crucial Upbit Scroll Suspension: What Investors Need to Know About the Upcoming Network Upgrade Are you an Upbit user with Scroll (SCR) holdings? Then you need to pay close attention to a recent Upbit announcement that directly impacts your digital assets. South Korean crypto exchange Upbit has revealed plans for a temporary Upbit Scroll suspension of deposits and withdrawals, a move essential for the upcoming Scroll network upgrade . This isn’t just a minor technicality; it’s a cru...
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