Bithumb Temporarily Suspends VET And VTHO Transactions For Major Upgrade
The post Bithumb Temporarily Suspends VET And VTHO Transactions For Major Upgrade appeared on BitcoinEthereumNews.com.
Attention VeChain traders and investors! Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced a crucial temporary suspension affecting VET and VTHO transactions. This Bithumb VET VTHO suspension marks an important moment for the VeChain ecosystem as the platform prepares for significant network improvements. What Does the Bithumb VET VTHO Suspension Mean for You? The exchange will temporarily halt all deposit and withdrawal activities for VeChain (VET) and VeThor Token (VTHO) starting at 6:00 a.m. UTC on December 2. However, trading pairs involving these assets will remain operational throughout the maintenance period. This strategic move supports the upcoming VeChain mainnet upgrade, ensuring seamless integration with enhanced network features. Why Is This Temporary Suspension Necessary? Network upgrades require precise coordination between exchanges and blockchain networks. The Bithumb VET VTHO suspension prevents potential transaction conflicts during the upgrade process. Consider these key benefits: Enhanced security during the transition period Prevention of transaction losses or errors Smooth integration with upgraded network features Maintained asset safety throughout the process When Will Normal Services Resume? Bithumb has assured users that services will restore once the VeChain mainnet upgrade completes successfully. The exchange will provide updates through official channels. Meanwhile, traders can continue executing buy and sell orders for VET and VTHO trading pairs without interruption. How Should You Prepare for the Bithumb VET VTHO Suspension? Planning ahead ensures a stress-free experience during this temporary service interruption. Here are actionable steps to consider: Complete necessary deposits before December 2, 6:00 a.m. UTC Schedule withdrawals well in advance of the deadline Monitor official Bithumb announcements for service restoration Keep trading strategies flexible during this period What Makes This Upgrade Significant for VeChain Investors? Mainnet upgrades typically introduce improved functionality, enhanced security, and new features that can positively impact token value and utility. The temporary Bithumb VET…
Filed under: News - @ November 18, 2025 6:25 am