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Exchange Announcement

[Upbit] Notice of Termination of Steem Dollars (SBD) Trading Support (2/12 17:00)

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  • Upbit announced that it will terminate trading support for Steem Dollars (SBD) on February 12, 2025.
  • Withdrawals will be supported for 30 days after the termination of trading support, and withdrawals must be made within this period.
  • The reason for the termination of Steem Dollars trading support is due to identified shortcomings in the purpose and adoption status of the virtual asset.
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Hello. This is Upbit, the most trusted global standard digital asset exchange.

We would like to inform you about the termination of trading support for Steem Dollars (SBD).

  • Reference: [Notice on Designation of Steem Dollars (SBD) as a Cautionary Item](https://upbit.com/service_center/notice?id=4763)

[Important Notes on Termination of Trading Support]

  • The termination of trading support for digital assets is based on Upbit's digital asset trading support termination policy: [Upbit Digital Asset Trading Support Termination Policy](https://static.upbit.com/guide/market_policy_close.pdf)

  • The trading support for this digital asset will end on 2025-02-12 (Wed) at 17:00 KST.

  • Upon termination of trading support, any orders (buy/sell) requested before the termination in the market will be collectively canceled.

  • After this notice, services such as airdrops, wallet upgrades, and hard forks for digital assets scheduled for trading support termination will not be supported.

[Notice on Termination of Digital Asset Trading Support]

Steem Dollars (SBD)

  • Target Market: SBD/KRW, SBD/BTC

  • Scheduled Date for Termination of Trading Support: 2025-02-12 (Wed) 17:00 KST

  • Reason for Termination of Trading Support

  • Upbit has designated Steem Dollars (SBD) as a cautionary item on December 30, 2024, after comprehensively considering the purpose, function, and adoption status of the virtual asset according to the best practices for virtual asset trading support. After further thorough review of the virtual asset, Upbit determined that the reasons for designating Steem Dollars as a cautionary item have not been resolved and decided to terminate trading support according to the digital asset cautionary item designation and trading support termination policy.

  • Even if the market trading support for this digital asset is terminated, withdrawals will be supported for 30 days from the termination date (\~ 2025-03-14) in accordance with the trading support termination policy.

  • Members who need to withdraw the above digital asset must proceed with the withdrawal by 2025-03-14. If you deposit (or mistakenly transfer) the asset after the trading support has ended, it will not be reflected as a deposit, and due to technical reasons, it may take a very long time to return (mistaken transfer) after the withdrawal support period has ended, so please be careful.

Upbit will always do its best to ensure your safe trading.

Thank you.

※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.


*This is automatically generated information.

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