Upbit server maintenance completed, trading resumed for markets such as BTC/KRW
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AT A GLANCE
Upbit announced that server maintenance is complete, and markets such as BTC/KRW have resumed trading, but deposit and withdrawal and NFT services are still being restored gradually.
Article
Upbit server maintenance completed, trading has resumed
PANews November 9 news, according to Upbit's official announcement, its server maintenance has been marked as completed, and markets such as BTC/KRW have now resumed trading. Previously, due to instability during the resumption of trading, Upbit postponed the trading restart time for the KRW, BTC, and USDT markets to 06:00 Beijing time. According to the announcement, deposit and withdrawal services will gradually resume after processing the deposit and withdrawal orders backlogged during the maintenance period, some digital assets will be opened first, and NFT services will be resumed separately.
Upbit's official announcement stated that the server maintenance has been completed.
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Markets such as BTC/KRW have resumed trading.
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The KRW, BTC, and USDT markets had previously postponed the trading restart time to 06:00 Beijing time.
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The deposit and withdrawal services will be gradually restored after processing the backlog of orders during the maintenance period, with some digital assets being prioritized for reopening.
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NFT services will be restored separately.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Upbit's trading function has been restored, but deposit and withdrawal services still need to wait for the processing of backlogged orders, and not all services have fully recovered.
Why it matters to readers
The resumption of trading means that users can resume trading in the relevant markets; the progress of the recovery for deposits/withdrawals and NFT services still requires attention.
If you are trading on Upbit, you need to distinguish between "trading resumption" and "deposit and withdrawal resumption," as the two are not completed at the same time.
Risks and unknowns
The announcement did not specify the exact time when deposit and withdrawal services will be fully restored.
The announcement did not specify the exact time for the resumption of NFT services.
It is currently impossible to confirm whether the KRW, BTC, and USDT markets are operating stably on an ongoing basis.
Related Developments
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Related concepts
Deposit and withdrawal: deposit and withdrawal services.
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →Trading Market: A market where users conduct buy and sell transactions, such as BTC/KRW.
This term is not in the glossary yet. Browse related concepts in the glossary.
