Key Highlights:
- Upbit’s warning applies to BLAST/KRW, BLAST/BTC and BLAST/USDT trading pairs.
- BLAST has not been permanently delisted, but Upbit may end trading support if the underlying issues remain unresolved.
- Upbit warned that BLAST deposits may not be credited or recoverable and advised users not to make new deposits.
Upbit Reviews BLAST Trading Support
South Korean cryptocurrency exchange Upbit has placed BLAST trading pairs under review. The warning covers BLAST/KRW, BLAST/BTC and BLAST/USDT, with the warning period scheduled to continue until the third week of October, from October 12-16.
The review does not mean that BLAST has already been permanently delisted from Upbit. After completing its evaluation, the exchange may remove the warning, extend the review period or end support for BLAST trading altogether.
BLAST Could Face Delisting if Issues Remain
Upbit stated that it may decide to delist BLAST if the issues that led to the warning cannot be fully resolved. If the exchange proceeds with a delisting decision, it will announce the date when BLAST trading support will end separately.
Upbit also warned users about potential problems with BLAST deposits. BLAST tokens sent to the exchange after the warning announcement may not be credited to user accounts and, in some cases, may not be recoverable. The exchange therefore advised users not to make any new BLAST deposits.
Blast Announces End of Operations
The Upbit review followed the Blast team’s announcement that it had decided to cease operations. According to the reported announcement, the decision was linked to network maintenance costs exceeding revenue.
Why This Matters
Upbit’s warning places BLAST’s trading availability under formal review across its Korean won, Bitcoin and Tether markets. While no final delisting has been confirmed, users face possible restrictions involving both future trading support and the crediting or recovery of deposits. The next material development will be Upbit’s decision at the end of its review process or any separate announcement concerning the termination date for BLAST trading support.
Frequently Asked Questions
Has Upbit delisted BLAST?
No. Upbit has issued a trading warning, but BLAST has not been permanently delisted. The exchange may remove the warning, extend its review or end trading support.
Which BLAST trading pairs are affected?
The warning covers BLAST/KRW, BLAST/BTC and BLAST/USDT trading pairs on Upbit.
Can users deposit BLAST into Upbit?
Upbit warned that BLAST deposits may not be credited to user accounts and may not be recoverable in some cases. The exchange advised users not to make new BLAST deposits.
This is not investment advice.
