OKX has announced a temporary suspension of deposit and withdrawal services for FLOW tokens and other related network tokens to facilitate the upcoming Flow network upgrade. Here's what users need to know:
Key Details of the Suspension
- Effective Date: September 4, 2024, at 7:00 PM (UTC+8).
- Scope: Pauses FLOW token and affiliated network token transactions.
- Trading Impact: FLOW trading will remain uninterrupted during the upgrade.
👉 Stay updated on FLOW network developments
Post-Upgrade Process
Once the Flow network upgrade is complete and stability is confirmed, OKX will quietly reactivate deposit and withdrawal services without additional announcements.
Why Is This Upgrade Important?
Network upgrades enhance scalability, security, and functionality. For FLOW token holders, this ensures smoother transactions and future-proofing against congestion.
FAQs
1. Can I trade FLOW tokens during the suspension?
Yes, trading will continue unaffected—only deposits and withdrawals are paused.
2. How long will the suspension last?
The duration depends on the upgrade’s completion time. OKX will reopen services once the network stabilizes.
3. Will I receive a notification when services resume?
No, OKX will not issue individual alerts. Monitor your account or check official channels.
4. Are other tokens besides FLOW affected?
Yes, any tokens operating within the Flow network will face temporary suspension.
5. Is my FLOW safe during the upgrade?
Absolutely. Funds remain secure in your OKX wallet.
👉 Explore OKX’s latest blockchain integrations
For more details, always refer to official OKX announcements to avoid misinformation.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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