Bithumb Announces Important BERA Suspension for Network Upgrade

Hey crypto enthusiasts! Crucial news southern Korean crypto exchange giant, Bithumb. There’s an important upgrade you need to be aware of if you’re trading or holding Berachain (BERA) tokens on their platform. Bithumb has actually officially announced a …

Here’s a breakdown of what this indicates for users trading or holding Berachain BERA on Bithumb: No Deposits: You will not be able to deposit BERA tokens into your Bithumb wallet after the defined time. Trading pairs involving BERA on Bithumb are most likely to remain active, however this should be validated via Bithumb’s official statement. Understanding the Berachain Network Upgrade While the particular information of the upcoming Berachain upgrade are not fully detailed in Bithumb’s statement, network upgrades are a basic treatment throughout the blockchain industry.

Bithumb, as a responsible crypto exchange, needs to ensure that its systems are completely suitable with the upgraded Berachain network. Here’s a breakdown of what this implies for users holding or trading Berachain BERA on Bithumb: No Deposits: You will not be able to deposit BERA tokens into your Bithumb wallet after the defined time. Trading pairs involving BERA on Bithumb are likely to remain active, however this should be validated by means of Bithumb’s main statement. Understanding the Berachain Network Upgrade While the particular information of the upcoming Berachain upgrade are not fully detailed in Bithumb’s statement, network upgrades are a standard treatment throughout the blockchain market. Conclusion The short-lived BERA deposit suspension and withdrawal suspension revealed by Bithumb for June Fourth is a proactive step to support the upcoming Berachain network upgrade.