MultiversX producing blocks again has not unlocked every exchange for EGLD holders. Platforms are restoring access separately, and Upbit’s caution process has yet to reach its scheduled review window.
Exchange access to MultiversX’s EGLD token is recovering at different speeds. Kraken’s status record marks the incident affecting trading, deposits and withdrawals as resolved at 15:05 UTC on October 1. At Upbit, the funding-status table we checked on October 4 still lists EGLD transfers as temporarily suspended. The same row shows the network’s block status as normal.
The two readings are compatible: a blockchain producing blocks does not mean an exchange has reopened its own wallet service. For holders seeking to move EGLD off a platform, the relevant signal is that exchange’s current access status for the supported network.
What does Upbit’s October 19–23 window mean?
Upbit’s official September 21 notice places EGLD/KRW, EGLD/BTC and EGLD/USDT under trading caution. The exchange cites the possibility of user losses from security incidents whose causes have not been established or remedied. Its stated assessment period runs into the week of October 19–23.
The schedule does not announce a definite delisting on October 19. Upbit can lift the caution, extend it or terminate trading support after its review. An extension or termination would be accompanied by a separate notice setting out the precise timetable.
Not a withdrawal restart date: Upbit plans to restore withdrawals first, with deposits addressed separately. October 19–23 is not a commitment to reopen withdrawals. The notice also says not to send EGLD while deposits are suspended, as transfers may not be credited to the exchange account.
Upbit records the funding suspension as beginning at 17:47 Korean time on September 19, before the September 21 caution notice. The process being tracked now is the continuing access and assessment schedule after the security incident, rather than a newly imposed ban.
A running network does not reopen every exchange
MultiversX’s technical account, CodeMultiversX, announced on September 24 that the recovery upgrade was complete and mainnet block production had resumed. It explicitly separated that recovery from exchange reopening processes, which it said could take several more days:
“Exchange availability may differ.”
CodeMultiversX, written update dated September 24, 2026
MultiversX’s September 24 update on network recovery and exchange access
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Kraken’s October 1 resolution closes the incident that had made orders cancel-only and paused funding on September 19. Reading that as confirmation that every exchange has reopened would conflict with Upbit’s current funding table.
The distinction between on-chain confirmation and an exchange credit also matters when checking a pending transfer. Tracking a transfer by TXID establishes its blockchain record, not whether the receiving exchange accepts deposits. With custodial wallets, the service provider’s access conditions remain a separate consideration.
Network support and withdrawal conditions deserve attention alongside trading fees when comparing platforms. Our crypto exchange comparison for U.S. users examines those selection criteria in its own regional context; it does not replace official notices showing current EGLD access or imply that Upbit’s services are available in the United States.
