Upbit Suspends Enjin Coin Deposits and Withdrawals for Network Upgrade

South Korea's largest cryptocurrency exchange, Upbit, has announced a temporary suspension of Enjin Coin (ENJ) deposits and withdrawals in anticipation of a network upgrade.

The maintenance window is scheduled for May 18 at 11:00 UTC, but the exact duration of the outage is not specified. Users are advised to complete any pending ENJ transactions before the cutoff time to avoid delays.

Network upgrades are routine in the cryptocurrency space and often introduce improvements in scalability, security, or functionality. For ENJ holders and traders on Upbit, the suspension means that during the maintenance window, they will not be able to move tokens into or out of the exchange.