Important Notice: Bithumb Suspends AVAX Deposits and Withdrawals for Network Upgrade

Bithumb's Temporary Suspension: Bithumb has announced a temporary pause on AVAX deposits and withdrawals to facilitate an important network upgrade for the Avalanche mainnet, affecting multiple tokens on the network.

Impact on Trading: While deposits and withdrawals are suspended, trading of AVAX and other affected tokens will continue as normal, allowing users to engage in transactions without interruption.

User Recommendations: Traders are advised to complete urgent transactions before the suspension starts, monitor Bithumb's official channels for updates, and keep their assets secure during the upgrade.

Long-term Benefits: The network upgrade aims to enhance security, performance, and features, ultimately leading to a more robust trading environment and improved user experience within the Avalanche ecosystem.