Upbit to delist Ravencoin (RVN), trading support to end on October 12.

BlockBeats news, September 10 - Upbit announced that it will terminate trading support for Ravencoin (RVN), involving three trading pairs: RVN/KRW, RVN/BTC, and RVN/USDT. Trading will officially end at 15:00 (Korean time) on October 12.

Upbit stated that RVN was previously designated as a cautionary asset on August 11, and after further review, it was determined that the relevant risk factors have not been eliminated. The exchange noted that RVN has previously experienced issues such as security incidents that could lead to user losses. Therefore, in accordance with the trading support termination policy, it has decided to delist RVN to protect investors.

After the termination of trading, all outstanding buy and sell orders will be uniformly canceled. Upbit will continue to provide withdrawal services for 30 days, and users must complete withdrawals by November 11 at the latest. According to Upbit's trading support termination policy, the exchange typically continues to provide withdrawal support for 30 days after terminating trading.