Deposits & withdrawals [Bithumb] Tether (USDT): withdrawals temporarily suspended
Page info
Content
At a glance
- Coin Tether (USDT)
- What Withdrawals temporarily suspended
- Bithumb category Deposits & withdrawals
- Bithumb market (now) USDT trading on the KRW market · caution mark: no
- Upbit USDT is also on Upbit’s KRW market
- Price (as of 11/11 02:28 KST) USDT Bithumb ₩1,361 · Upbit ₩1,362 (Bithumb 0.07% lower)
- Transfer status USDT deposits and withdrawals normal (checked 11/11 02:26)
What it means CoinGaja’s explanation from the title and public data, not the notice text
What stops
Bithumb is pausing withdrawals of Tether (USDT). Trading on Bithumb itself usually goes on; the original notice says whether trading stops too.
Why
The notice names network work (an upgrade, a hard fork or a mainnet change). While a coin’s blockchain itself is changing, an exchange cannot handle transfers safely, so it pauses them.
Effect on prices
With transfers blocked, traders cannot bring coins in from other exchanges to close price gaps (arbitrage). While the pause lasts, the price on Bithumb can drift further than usual from Upbit or from overseas prices, and the gap often closes quickly once transfers reopen. Check the transfer status before trading on the kimchi premium alone.
When it reopens
Bithumb announces the reopening separately or by updating this notice.
The notice itself is in Korean. Check the original notice for the exact schedule and conditions.
Related coins: USDT kimchi premium
Original notice on Bithumb (Korean) →
“At a glance” and “What it means” are CoinGaja’s summary of the notice title and public data. The notice itself is in Korean; check the original for details and later changes.
Related links
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https://feed.bithumb.com/notice/1655611
Opened 1 times
- Previous[Bithumb] SGB: withdrawals temporarily suspended (from Nov 11 14:00 KST) 26.11.11
- Next[Upbit] Injective (INJ): deposits and withdrawals temporarily suspended (from Nov 11 18:00 KST) 26.11.10
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