Upbit deposits and withdrawals are temporarily delayed due to delays in Algorand block processing.
Upbit has announced that deposits and withdrawals of cryptocurrency are temporarily delayed due to increased trading of Algorand (ALGO) causing block processing delays. Deposits and withdrawals will be processed in order starting from completed block processing transactions. During the deposit/withdrawal delay period, the deposit refund process may also be temporarily delayed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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In the past 12 hours, the entire network has liquidated 317 million US dollars, mainly long orders