Upbit to end BONK trading support on September 7 amid unresolved security concerns
Upbit will remove BONK trading pairs on September 7, citing unresolved security issues, while Bithumb has lifted its caution flag.
Why it matters
The removal of BONK trading on Upbit narrows access for Korean traders, a key demographic in Asian crypto markets. The contrasting actions of Upbit and Bithumb highlight differing risk assessments among exchanges.
Key facts
Upbit will cease BONK trading support on September 7, 2026.
Reported by Cryptopolitan
Upbit is removing BONK/KRW and BONK/USDT pairs at 15:00 KST on September 7, 2026.
Reported by Cryptopolitan
Withdrawals for BONK will be available until October 7.
Reported by Cryptopolitan
Upbit and Bithumb placed BONK under "trading caution" on July 7.
Reported by Cryptopolitan
Bithumb lifted its caution flag on August 7 after judging the issues had been fixed.
Reported by Cryptopolitan
What happened
Cryptopolitan reported that Upbit is ending BONK trading support on September 7, 2026, removing the BONK/KRW and BONK/USDT pairs at 15:00 KST. The exchange cited a security incident and disclosure failures behind a July caution flag that were never resolved. Meanwhile, Bithumb lifted its own caution flag on August 7 after judging the issues fixed. Upbit will allow BONK withdrawals until October 7.
How the story developed
- First report
First report by Cryptopolitan
Upbit is ending BONK trading support on September 7
- Official statement
Upbit and Bithumb designate BONK as "trading caution."
Both exchanges flagged BONK due to a security incident and disclosure concerns.
- Official statement
Upbit announces termination of BONK trading support.
Upbit will remove BONK/KRW and BONK/USDT pairs at 15:00 KST on September 7.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Cryptopolitan Crypto media | Upbit is ending BONK trading support on September 7 | Original |
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