Upbit will temporarily suspend its deposit and withdrawal services due to support for Maker and DAI brand reshaping and token exchange plans

Odaily Planet Daily News: According to official announcements, Upbit will support brand reshaping and token exchange from Maker (MKR) to Sky Protocol (Sky), Dai (DAI) to USDS (USDS). It is expected that MKR and DAI deposits and withdrawals will be suspended from 18:00 on October 4, 2024, and this service will resume after the brand reshaping and token exchange are completed and stability is confirmed. In addition, the MKR/BTC and DAI/BTC trading pairs will be temporarily suspended from 14:00 local time on October 11, 2024, until the rebranding and token exchange are completed. Further notice will be given upon resumption of trading, at which time the aforementioned market names will be changed to SKY/BTC and USDS/BTC.