Upbit plans to implement several new terms of service on August 19, adding new requirements for minimum deposit and withdrawal amounts of digital assets

According to the official announcement, Upbit has updated 34 terms of service, which will take effect on August 19, 2024. These include the cancellation of existing unfulfilled orders in order to protect users when changing services (but in this case, Upbit needs to notify users in advance); recharge services will no longer be provided for digital assets that are no longer supported for trading, and they will be treated as waiting for recharge. During the withdrawal support period, users can request the return of pending digital assets through the Upbit Customer Center; minimum deposit and withdrawal amounts for digital assets are newly specified on the website or service, and users must check the minimum deposit and withdrawal amounts and other requirements before recharging or withdrawing digital assets.