The post Bithumb Digital Asset Withdrawals Pause For Crucial Security Upgrade appeared on BitcoinEthereumNews.com.

Attention all crypto traders! Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of digital asset withdrawals this November. This planned maintenance window affects thousands of users worldwide and represents an important step in enhancing platform security. Understanding these Bithumb digital asset withdrawals changes helps you prepare and trade confidently. What’s Happening with Bithumb Digital Asset Withdrawals? Bithumb will temporarily suspend all digital asset withdrawals from 4:00 a.m. to 6:00 a.m. UTC on November 25. This two-hour window allows the exchange to perform essential server maintenance for VerifyVASP integration. During this period: Withdrawal services for all cryptocurrencies will be unavailable Deposit and trading functions remain operational User funds remain secure in cold storage Normal services resume immediately after maintenance Why is VerifyVASP Maintenance So Important? VerifyVASP represents a significant advancement in cryptocurrency security protocols. This system enables secure communication between virtual asset service providers, ensuring compliant transactions across platforms. The Bithumb digital asset withdrawals pause enables this crucial upgrade that benefits users through: Enhanced security for cross-exchange transfers Improved compliance with international standards Faster verification processes for future transactions Reduced risk of fraudulent activities How Should You Prepare for the Maintenance Window? Planning ahead ensures the Bithumb digital asset withdrawals suspension doesn’t disrupt your trading strategy. Consider these actionable steps: Complete any urgent withdrawals before November 25, 4:00 a.m. UTC Schedule important transactions outside the maintenance window Monitor Bithumb’s official channels for real-time updates Use the time to review your portfolio and trading plans What Does This Mean for Crypto Exchange Security? Regular maintenance like this Bithumb digital asset withdrawals pause demonstrates the exchange’s commitment to security. VerifyVASP implementation follows global Travel Rule requirements, making cryptocurrency transactions safer for everyone. This proactive approach positions Bithumb as a responsible platform that prioritizes user protection above convenience. Looking…

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Filed under: News - @ November 24, 2025 6:25 am