Upbit EGLD Alert: Crucial Suspension for MultiversX Upgrade
2025-07-18 12:14:59
Main Idea
Upbit will temporarily suspend EGLD deposits and withdrawals on July 24 due to the MultiversX network upgrade, ensuring a smooth transition and system compatibility.
Key Points
1. Upbit will suspend EGLD deposits and withdrawals starting at approximately 09:00 UTC on July 24.
2. The suspension is due to an upcoming MultiversX network upgrade, which is essential for maintaining high throughput and low transaction costs.
3. Trading of EGLD on Upbit is expected to continue as usual unless otherwise specified.
4. Network upgrades are common in the crypto space and are typically the least disruptive reason for such suspensions.
5. Upbit's proactive measure aims to ensure system stability and compatibility post-upgrade.
Description
BitcoinWorld Upbit EGLD Alert: Crucial Suspension for MultiversX Upgrade In the fast-paced world of cryptocurrency, staying informed is paramount. A recent announcement from South Korean crypto exchange Upbit has caught the attention of many investors, particularly those holding EGLD tokens. This isn’t just another routine update; it’s a critical heads-up about an upcoming temporary halt in services that could affect your trading strategies. Are you prepared for the changes coming to EGLD on Upb...
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