South Korea’s largest cryptocurrency exchange Upbit has limited cryptocurrency transfers to FTX.
Upbit 10 November announced to its customers that FTX has recently suspended withdrawals. Transferring money to FTX loss of assets probability of causing quite high Underlining that the Limited asset transfers to FTX.
Exchange, investor protection measures announced that it is limiting the transfer of cryptocurrencies and other digital assets to FTX as part of Transactions due to the nature of virtual assets cannot be undone after completion. the company specifying that the address submitted before transfer applications should be carefully checked reminded.
Company, Association of Digital Asset Exchanges (DAXA) He stated that they will continue to follow the market situation by examining the virtual assets supported by its member companies.