Upbit will adjust the deposit and withdrawal limit time for users with incomplete KYC

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Upbit will adjust the fund restriction time for users who have not completed customer identity verification (KYC) re-authentication starting from May 13, 2025. The restriction will change from "restricted from 24:00 on the deadline" to "restricted from 1 hour before the deadline".

For example, for users with a deadline of May 1, if they do not complete the verification before 23:00 on May 1, the deposit and withdrawal functions will be suspended from that time. Upbit reminds users to complete the verification in advance to avoid affecting trading.