According to a Deep Tide TechFlow message on May 24, Upbit announced that due to a latency issue in the Stacks (STX) network, Upbit has suspended the deposit and withdrawal services for STX.
Upbit stated that the suspension will last from the time the announcement is made until network stability is confirmed, at which point users will be notified of the resumption of services through an announcement. The exchange particularly reminds users that depositing STX to the Upbit wallet address during the suspension may result in funds not being credited and being unrecoverable.
The suspension of deposit and withdrawal services does not affect the trading functionality of STX on the platform, and users can still buy and sell STX normally. Upbit stated that it will maintain close cooperation with the Stacks project team to ensure the safety of user assets and will update announcements in a timely manner if there are any changes in the situation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
