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Bithumb Temporarily Halts XPLA Deposits and Withdrawals for Network Upgrade

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South Korean cryptocurrency exchange Bithumb will temporarily halt deposits and withdrawals for XPLA on August 25. The suspension, starting at 8:00 a.m. UTC, is due to an upcoming network upgrade and maintenance on the XPLA blockchain.

The exchange noted that such upgrades are common in the crypto space, allowing projects to implement protocol improvements and introduce new features.

Bithumb advised users to ensure their XPLA deposits are confirmed before the suspension time to avoid delays. Trading of XPLA on its platform will continue, but users may experience disruptions in deposit and withdrawal processing.

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