BloFin pauses ATOM (Cosmos) network deposits and withdrawals during planned upgrade

BloFin pauses ATOM (Cosmos) network deposits and withdrawals during planned upgrade
BloFin suspends ATOM network transfers

BloFin has temporarily suspended deposit and withdrawal services for all tokens on the ATOM (Cosmos) network due to a scheduled network upgrade, while spot trading on the network continues as normal. Services will resume following the completion of the upgrade, with further announcements to be made.

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BloFin has announced a temporary suspension of deposit and withdrawal services for all tokens on the ATOM (Cosmos) network due to a scheduled network upgrade. According to information published in the broker’s help center, spot trading on the ATOM network will continue without interruption, and deposits and withdrawals will be restored once the upgrade is complete.

The notice, dated February 13, 2025, advises users to await further updates regarding the resumption of services and directs those with questions to contact customer support. A standard risk disclaimer is included, noting that digital asset trading is speculative and not financial advice.

BloFin is a centralized cryptocurrency exchange that offers spot trading, over 300 USDT-M perpetual futures contracts, copy trading functions, and passive income tools for digital asset investors. The platform is available as both a web interface and mobile app and includes API access for trading automation, with security enhanced by Fireblocks integration. For more details, visit the broker profile on Traders Union.

In the previous BloFin update on Traders Union, the broker introduced the ability to place trigger, market, or limit orders directly from the K-line chart on its web platform, enhancing order flexibility and speed for traders. For more details, you can read the earlier news about BloFin here.

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