$STX Deposits and Withdrawals Suspended on Upbit Starting July 29

South Korea's largest cryptocurrency exchange, Upbit, will temporarily suspend deposits and withdrawals for Stacks ($STX) on July 29. The halt begins at 12:00 a.m. UTC.

The suspension affects all $STX deposit and withdrawal services, but trading pairs involving the token may remain active unless otherwise specified. Users are advised to complete any pending transactions before the cutoff time to avoid delays.

While Upbit hasn't disclosed the exact cause of the halt, it's likely due to network upgrades or routine maintenance to ensure transaction integrity. The exchange has undergone similar suspensions in the past for technical reasons.

$STX traders should be aware that they won't be able to deposit or withdraw their tokens during this period. Upbit advises users to monitor further announcements for updates on when services will resume.