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Bithumb to Halt Polygon (POL) Transfers for Mainnet Upgrade

Bithumb to Halt Polygon (POL) Transfers for Mainnet Upgrade

Binance will temporarily suspend Polygon (POL) token deposits and withdrawals on October 8, 2025, to support the network's upgrade and hard fork, while trading will remain unaffected.

MATIC
POL

Fact Check
Multiple evidence sources (chaincatcher.com, panewslab.com) explicitly and directly state that the Bithumb exchange announced it would suspend POL deposits and withdrawals to support a mainnet upgrade. This directly corroborates every component of the statement.
    Reference: 123
Summary

Binance announced it will pause deposits and withdrawals of Polygon (POL) tokens on October 8, 2025, at 21:12 (UTC+8) in support of the network's planned upgrade and hard fork. The suspension is temporary, with services resuming after the network stabilizes. Trading of POL will not be affected during this period.

Terms & Concepts
  • Mainnet Upgrade: An update to a blockchain’s primary network intended to improve performance, security, or add new features.
  • Polygon (POL): A blockchain platform designed for scalability and interoperability in the Ethereum ecosystem, with POL serving as its native token.