Upbit plans to implement multiple new service terms effective August 19
According to ChainCatcher news and the official announcement, Upbit has updated 34 service terms, which are set to take effect on August 19, 2024. These updates include the addition of a provision that may cancel existing unexecuted orders to protect users when changing services (but in this case, Upbit must notify users in advance); for digital assets that are no longer supported for trading, recharge services will no longer be provided, and they will be processed as pending recharge, with users able to request the return of stored digital assets through the Upbit customer center during the withdrawal support period; it also specifies minimum recharge and withdrawal amounts for digital assets on the website or service, and users must check the requirements for minimum recharge and withdrawal amounts before recharging or withdrawing digital assets.