Main notes
- Bithumb has announced that it is suspended by filing FIL and temporarily withdrawn.
- The company makes this step to support Filecoin network promotions.
- Other exchanges such as Binance and Upbit have installed and tarnished, respectively, in the past.
Bithumb issued an advertisement that shows that Filecoin
elephant
$ 2.53
24 hours fluctuation:
1.4 %
The maximum market:
$ 1.75 b
Folder. 24h:
196.92 dollars
Deposits and clouds will be suspended from their platform.
Although he stated that the suspension is temporary, the encryption exchange claimed that this procedure was due to a recent upgrade on the currency network.
Filecoin upgrade BitHumb media
In a modern update, Bithumb was notified Its users for the temporary suspension of FIL and clouds, noting that it will become effective from 6:00 pm on September 24, 2025.
According to the published statement, it is making this step to support the network upgrades. It also aims to provide stable deposit and withdrawal services for Filecoin.
The upgrade will take place at the 5,348,280 Era, and its expected date is September 25, 2025, 8:00 am (KST).
The expected timing of the network upgrade may vary, depending on the network conditions and the speed of the ban.
Once all the necessary operations are performed, Bithumb plans to resume operations as usual.
“Once the stability of the network is guaranteed – deposit and withdrawal services will resume as soon as the stability of the network will resume,” Bethomb wrote.
There will be an exception to all applications submitted and unpop for before this suspension information is connected.
It will be processed successively through the bithumb regulation process. As a result of this preference, there may be a delay in the opposite of the request in the member’s account.
Filecoin menu and delete via stock exchanges
This procedure comes from Bithumb after almost a year after driving trading pairs of cryptocurrencies.
At that time, the stock exchange noted that the deletion of these currencies was in line with its plans to protect users, a step that highlighted its commitment to maintaining high -quality trading markets.
In contrast, the exchange of cryptocurrency in South Korea was included in its platform on April. This was presented by FIL trading against Korean Won (KRW) and opening the currency to a larger base of South Korean investors.
As we saw with many prominent menus, Upbit’s integration and support has increased the FIL price by more than 7 %.
Quickly forward to this day, the news of the temporary suspension of Bithumb had no negative effect on the FIL price. The currency is currently trading at $ 2.55, an increase of 1.76 % over the past 24 hours.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
The post Bithumb Temporarily Halts Filecoin Transactions first appeared on Investorempires.com.
