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Crypto

Bithumb Halts SOMI Deposits and Withdrawals Amid Maintenance

Guavy AI Editorial Team
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Bithumb, one of South Korea's largest cryptocurrency exchanges, will temporarily suspend deposits and withdrawals for the token SOMI. The halt is scheduled to begin at 7:00 a.m. UTC on Aug. 6.

The exchange has not provided an immediate detailed explanation for the suspension, but such actions are commonly undertaken to facilitate network upgrades or wallet maintenance. Bithumb has advised users to check its official announcements for further updates.

During the suspension period, trading of SOMI on Bithumb may also be affected, depending on the nature of the maintenance. Users are urged to plan their transactions accordingly to avoid inconvenience.

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