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Upbit completes server maintenance, resumes trading from 05:00 Beijing time

South Korean crypto exchange Upbit completed server maintenance and resumed trading in its KRW, BTC and USDT markets at 06:00 KST on Nov. 9 (05:00 Beijing time), about an hour ahead of the originally scheduled 07:00. Trading is being restored in batches starting with some assets, and maintenance could be extended if instability occurs. Deposits and withdrawals will resume after trading restarts and backlogged orders are processed, while NFT services will be restored separately; buy orders above and sell orders below the last pre-maintenance price will be canceled.

Original source

AI take

The early resumption matters less than the mechanics attached to it: canceling buy orders above and sell orders below the last pre-maintenance price effectively resets the order book around that reference point, which can produce a sharp repricing once trading reopens in batches. The staggered restart and the warning that maintenance could be extended if instability occurs signal that operational risk is not fully cleared, a point that matters most for active traders on South Korea's largest won market. Whether the batched rollout proceeds without further interruption, and how deposits and withdrawals come back once the order backlog clears, is the open question.

Generated by AI for reference only.

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