Upbit Suspends BERA Chain Transactions Amid Hard Fork

Upbit, a leading South Korean cryptocurrency exchange, will suspend BERA Chain’s services temporarily. This decision follows standard protocol amid upcoming network changes scheduled for June 4, 2025. Such actions aim to prevent potential asset risks.

BERA Chain’s hard fork leads to suspending deposits and withdrawals on Upbit. The exchange confirmed trading operations would continue uninhibited. These actions prioritize network stability during significant blockchain updates.

Industry players note the suspension ensures asset protection during the transition. Users are advised not to attempt deposits during the pause. Investor sentiment appears secure, reflecting confidence in the assurance strategy.

Temporary suspensions are crucial for technical upgrades’ success, minimizing operational risks. Upbit’s actions are guided by past successful protocol updates, emphasizing regulatory compliance and safeguarding users from network-instability impacts.

Previously, Upbit handled a Polygon ecosystem suspension in February 2025, which followed a similar protocol blueprint. These standardized procedures have historically proven effective in mitigating risks and ensuring smooth transitions. “Upbit’s history of suspending services ahead of hard forks emphasizes their commitment to ensuring the security of user assets during potentially volatile network changes.” source

Experts from Kanalcoin highlight Upbit’s alignment with regulatory frameworks as critical for the exchange’s resilience. Data-backed approaches ensure the seamless integration of blockchain enhancements, supporting continued market trust.