Bithumb Plans Temporary EGLD Deposit and Withdrawal Suspension Ahead of MultiversX Network Upgrade

The post Bithumb Plans Temporary EGLD Deposit and Withdrawal Suspension Ahead of MultiversX Network Upgrade appeared on BitcoinEthereumNews.com. Bithumb, one of South Korea’s leading cryptocurrency exchanges, will temporarily suspend EGLD token deposits and withdrawals starting July 24, 2024, to support a critical MultiversX network upgrade. This suspension is a precautionary measure aimed at safeguarding user assets and ensuring a seamless transition during the blockchain’s performance and security enhancements. According to COINOTAG, “Bithumb’s proactive approach underscores the importance of exchange cooperation in maintaining blockchain integrity during major upgrades.” Bithumb halts EGLD deposits and withdrawals on July 24 to facilitate MultiversX network upgrade, ensuring enhanced security and performance for EGLD holders. ‘, ‘

Jul 21, 2025 - 09:00
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Bithumb Plans Temporary EGLD Deposit and Withdrawal Suspension Ahead of MultiversX Network Upgrade

The post Bithumb Plans Temporary EGLD Deposit and Withdrawal Suspension Ahead of MultiversX Network Upgrade appeared on BitcoinEthereumNews.com.

Bithumb, one of South Korea’s leading cryptocurrency exchanges, will temporarily suspend EGLD token deposits and withdrawals starting July 24, 2024, to support a critical MultiversX network upgrade. This suspension is a precautionary measure aimed at safeguarding user assets and ensuring a seamless transition during the blockchain’s performance and security enhancements. According to COINOTAG, “Bithumb’s proactive approach underscores the importance of exchange cooperation in maintaining blockchain integrity during major upgrades.” Bithumb halts EGLD deposits and withdrawals on July 24 to facilitate MultiversX network upgrade, ensuring enhanced security and performance for EGLD holders. ‘, ‘

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