Upbit Suspends TRON (TRX) Deposits and Withdrawals From 9 PM KST on October 31
Key Takeaways
- •Upbit will suspend deposits and withdrawals for TRX and every other TRON-network asset starting at 21:00 KST (12:00 UTC) on October 31, 2026.
- •The exchange cited a wallet upgrade as the reason and published its notice on the same day the suspension begins, leaving account holders only a same-day window to move funds.
- •The suspension covers all tokens issued on the TRON chain, including TRC-20 Tether (USDT), pausing a widely used stablecoin transfer route alongside the native token.
- •Deposits transmitted over TRON during the suspension window are at risk of not being credited to user accounts.
- •Support is typically restored once the upgraded infrastructure is confirmed stable, with Upbit expected to announce the resumption separately.
South Korean cryptocurrency exchange Upbit will suspend deposits and withdrawals for TRON (TRX) and every other asset running on the TRON network starting at 9 p.m. KST (21:00 KST, 12:00 UTC) on Saturday, October 31, 2026.
The exchange published its notice on October 31 and cited a wallet upgrade as the reason for the halt. Upbit advised customers to move any funds held on the platform over the TRON network before the 21:00 KST cutoff, which corresponds to 12:00 UTC. Because the announcement was published the same day the suspension takes effect, account holders have a same-day window to reposition TRON-based funds before the cutoff.
Scope of the Suspension
Because the pause applies to every asset operating on the TRON chain, it extends beyond TRX, the network's native token. TRON also hosts a wide range of issued assets — including Tether (USDT) in its widely used TRC-20 form — meaning transfers of those tokens to and from Upbit will be paused as well during the maintenance window. For readers, that places one of the more commonly used stablecoin transfer routes on hold alongside the native token.
Standard Practice Around Wallet Upgrades
Cryptocurrency exchanges routinely suspend deposits and withdrawals on a given network ahead of node or wallet upgrades. The measure is designed to prevent transactions sent mid-upgrade from being lost, delayed, or miscredited. Deposits transmitted during a suspension window are generally at risk of not being credited to user accounts, and support is typically restored once the upgraded infrastructure is confirmed to be stable, with the exchange announcing the resumption separately. For Upbit users, that follow-up announcement is the item to watch: until it arrives, deposits sent over TRON during the suspension may not be credited.
Upbit, operated by Dunamu, is one of South Korea's largest digital asset trading platforms. Users holding TRON-based balances on the exchange have until 12:00 UTC on October 31 to reposition their funds.
This content was first published on COINOTAG: https://en.coinotag.com/upbit-suspends-tron-trx-deposits-withdrawals-october-31
