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Bithumb: Plans to redeploy the virtual asset delay system and update withdrawal rules on June 17
2025-06-02 05:47:35

Odaily News According to an official announcement, South Korean cryptocurrency exchange Bithumb announced that due to the recent increase in phishing attacks, it plans to redeploy the virtual asset withdrawal delay system on June 17, 2025. The withdrawal of virtual assets after the first Korean won deposit will be delayed by 72 hours, and the subsequent withdrawal of equivalent virtual assets recharged in Korean won will be delayed by 24 hours.
An example of the 24-hour withdrawal delay system is: if you have 1 million won currently and then deposit 2 million won, for a total of 3 million won, you can only withdraw 1 million won of virtual assets every 24 hours; if you deposit 2 million won and there was no previous balance in Korean won, the withdrawal of virtual assets will be restricted for 24 hours, and you can withdraw the equivalent of 2 million won after 24 hours.