Update: Kaspa (KAS) Withdrawal and Deposit Services Fully Restored as of March 29, 2025 at 05:00 (UTC)
We are pleased to announce that Kaspa (KAS) deposit and withdrawal services have been fully restored on March 29, 2025 at 5:00 (UTC), following the successful completion of technical upgrades.
Resolved Issues & Enhancements
As one of the first major exchanges to support Kaspa, MEXC faced unique challenges from high transaction volume and accumulated micro UTXOs from mining, affecting processing efficiency and withdrawal reliability.
To address these issues, our technical team has:
- Successfully migrated core functionalities, including UTXO management, to our upgraded proprietary system, dramatically improving processing capacity and stability.
- Redesigned core infrastructure to handle high-frequency microtransactions seamlessly.
- Implemented safeguards to ensure smoother consolidation of transactions and withdrawals moving forward.
Service Restoration Details
- Deposits and withdrawals: KAS services resumed on March 29, 2025 at 5:00 (UTC).
- Trading services remained unaffected and uninterrupted throughout the upgrade.
A Commitment to Improvement
We apologize for any delays or disruptions experienced. Please rest assured that every decision made during this process prioritized the long-term security of your assets and the sustainability of our services. Our team remains committed to delivering a flawless trading experience and will continue optimizing our systems to prevent similar issues in the future.
Once again, we thank you for your understanding, patience, and continued support. At MEXC, your trust drives us to innovate and excel.
Thank you for choosing MEXC.
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