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Bithumb to Temporarily Suspend SWELL Transactions for Network Upgrade

Bithumb to Temporarily Suspend SWELL Transactions for Network Upgrade

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by Lucas Weissmann

4 months ago

Bithumb, the premier cryptocurrency exchange in South Korea, is set to temporarily halt SWELL deposits and withdrawals as part of a scheduled maintenance for the Swell Network upgrade. The source notes that this suspension will take effect at 1:00 AM UTC on December 2, 2024.

Trading of SWELL Tokens During Maintenance

The exchange has assured users that trading of SWELL tokens will remain active during this maintenance period. This means that users can still execute buy and sell orders, as well as monitor their portfolios without any interruptions. Bithumb has advised its users to finalize any urgent transactions before the suspension begins to avoid any inconvenience.

Stay Informed About Updates

In addition, the exchange encourages users to stay informed through its official communication channels for updates regarding the maintenance and the Swell Network upgrade. This proactive approach aims to ensure a smooth transition and continued service for all users involved.

In a notable development, Coinbase has launched US perpetual futures for Shiba Inu (SHIB), which contrasts with Bithumb's upcoming maintenance for SWELL deposits. For more details, see read more.

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