Upbit Halts QTUM and QI Deposits for Quantum Network Hard Fork
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Service Suspension: Upbit has announced a temporary halt of QTUM and QI deposits and withdrawals starting January 11, 2025, at 09:00 UTC to ensure user asset security during the upcoming Quantum network hard fork, reflecting the exchange's commitment to protecting user funds.
- Trading Continues: While deposit and withdrawal services are suspended, trading for QTUM and QI will continue on Upbit's spot markets, which not only allows users to trade during the fork but also mitigates potential losses from asset movement during this critical period.
- Technical Monitoring: Upbit's technical team will closely monitor the hard fork process to ensure block production and consensus stability on the new chain, thereby ensuring accurate mapping of user balances to the new chain upon service resumption, demonstrating the exchange's rigorous attention to technical details.
- Market Impact: Although the suspension may create temporary liquidity imbalances, planned hard forks typically have minimal long-term price impacts, and users are advised to complete transactions early to avoid potential delays before the cutoff time.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
