Upbit, one of many world’s most trusted digital asset exchanges, has introduced the tip of market assist for SteemDollars (SBD). Buying and selling assist will formally finish on February 12, 2025.
Upbit to Finish Market Help for SteemDollars (SBD) on February 12, 2025
- Affected Buying and selling Pairs: SBD/KRW, SBD/BTC
- Purpose for Termination: Following a complete evaluate below Upbit’s Digital Asset Delisting Coverage, SteemDollars (SBD) has been designated a precautionary asset on December 30, 2024. The choice was primarily based on an evaluation of its utility, goal, adoption, and buying and selling exercise. Upbit has decided that these points haven’t been resolved and has determined to terminate buying and selling assist for SBD.
Essential Notes for Customers
- Order Cancellation: All pending purchase and promote orders for SBD can be robotically canceled as soon as buying and selling assist ends.
- No Airdrops or Service Help: After the delisting announcement, Upbit won’t assist airdrops, pockets upgrades, or arduous forks for SBD.
- Withdrawal Deadline: Customers can withdraw their SBD belongings till March 14, 2025. After this date, withdrawals will now not be supported.
- Deposits made after the termination date or funds transferred in error might not be credited.
- Moreover, any errors after the withdrawal assist interval might take a major period of time to be resolved resulting from technical limitations. Customers are strongly suggested to withdraw their belongings earlier than the deadline.
This choice underscores Upbit’s dedication to sustaining a strong and clear buying and selling surroundings by adhering to finest practices in digital asset administration. Customers with belongings on SBD ought to take well timed motion to keep away from any disruptions.
*This isn’t funding recommendation.
