Upbit to Gradually Resume Deposits and Withdrawals on Dec 1, 2025
Upbit, South Korea’s largest cryptocurrency exchange, said it will begin a phased resumption of deposit and withdrawal services on December 1, 2025, starting at 1:00 p.m. KST. The exchange emphasized the restoration will happen in stages rather than a single restart, with assets and service windows brought back progressively to ensure system stability.
The move restores user access to funds and could ease liquidity strains for traders and lenders who have been unable to move assets. Market participants should watch Upbit's official channels for a schedule of which coins and fiat lanes return first; a staggered rollout means some tokens may resume sooner than others. Resumption on the country's largest platform is likely to calm local market uncertainty, but users should remain cautious until full services are confirmed.