#Bithumb and Upbit have suspended deposits and withdrawals.#
Hot Topic Overview
Overview
Recently, two major South Korean cryptocurrency exchanges, Bithumb and Upbit, have announced the suspension of STX digital asset deposits and withdrawals. Bithumb stated that it will suspend STX and ALEX deposits and withdrawals due to network issues, while Upbit cited network issues as the reason for suspending STX digital asset deposits and withdrawals. Both platforms have stated that they will resume deposit and withdrawal services once the network stabilizes. Trading will continue as usual during this period, but users should be aware of potential rapid price fluctuations.
Ace Hot Topic Analysis
Analysis
Recently, two major South Korean cryptocurrency exchanges, Bithumb and Upbit, announced the suspension of deposit and withdrawal services for STX and ALEX coins. Bithumb stated that the suspension was due to network issues and promised to resume services immediately after network stability. During this period, users can trade normally, but need to be aware of potential rapid price fluctuations. Upbit also issued a similar announcement, stating that it was suspending deposit and withdrawal services for STX digital assets due to network issues and said it would resume services after confirming the stability of deposit and withdrawal. The suspension of deposit and withdrawal services by these two exchanges has attracted market attention, with some users concerned about whether this indicates technical problems or security risks at the platforms. However, no further details have been released by the official authorities, and the specific reasons remain unclear.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bithumb and Upbit have suspended STX and ALEX deposits and withdrawals due to network issues.
During the suspension of deposits and withdrawals, assets deposited by users will be credited in order after the resumption of deposits and withdrawals.
During the suspension of deposits and withdrawals, trading can be used normally, but there may be rapid price fluctuations.
Deposit and withdrawal services will be restored immediately after the network stabilizes.