Bithumb to Pause BLAST Withdrawals Oct. 19 During Network Migration

Bithumb will suspend withdrawals of Blast (BLAST) on Oct. 19 while it accounts for customer assets during a network migration and token swap, temporarily stopping transfers out of the exchange.

After the migration is complete, Bithumb will support BLAST withdrawals only on Ethereum. Withdrawals through the Blast network will no longer be available. The exchange will announce when withdrawals resume after the token swap is complete.

The network migration and token swap are separate milestones: Ethereum-only withdrawal support follows the migration, while the restart notice will come after the swap. Trading will remain available on Bithumb during the withdrawal pause.

Bithumb has halted BLAST deposits, and BLAST was designated for termination of trading support on Oct. 14. Deposits and withdrawals have different statuses during the transition, though trading remains open during the withdrawal pause. Bithumb warned that sharp price swings may occur during that period.