Upbit has announced that Hedera (HBAR) deposit and withdrawal services will be temporarily suspended due to a network upgrade.

BlockBeats News, May 15th, the South Korean cryptocurrency exchange Upbit announced that due to an upgrade of the Hedera Network, the deposit and withdrawal functions for HBAR will be temporarily suspended starting from 23:00 on May 20, 2026 (KST) until the network stability is confirmed.

The announcement stated that this suspension only affects the asset deposit and withdrawal functions, and HBAR spot trading will not be affected. Upbit reminds users that deposits made before and after the suspension may experience delays or may not be credited. Some transactions may also experience confirmation delays during network congestion or the upgrade window.

The resumption time for deposits and withdrawals will be announced separately based on the completion of the network upgrade, and close communication will be maintained with the project team to ensure asset security.