South Korean crypto exchanges Bithumb and Upbit will end MANTRA trading at 06:00 UTC on Monday, December 14. Bithumb will also delist Recall (RECALL) at the same time. In a separate announcement on Friday, November 13, Bithumb added MAP Protocol (MAPO) to its trading watchlist.
Upbit to close three MANTRA trading pairs
Upbit’s decision covers all three markets where MANTRA trades against the South Korean won, Bitcoin and Tether. Users can trade MANTRA/KRW, MANTRA/BTC and MANTRA/USDT until the December 14 cutoff. Upbit will support MANTRA withdrawals until January 13, 2027.
Upbit placed MANTRA on its watchlist on August 21 after warning that a security incident linked to the project could put users at risk. The exchange extended its review in September and October before concluding that the issues behind the original warning remained unresolved.
Bithumb cited the same security incident. It reviewed the project team’s response, including its efforts to compensate users for losses, and concluded that MANTRA no longer met its listing requirements. Coinone, another South Korean exchange, also announced that it would end MANTRA trading on December 14.
MANTRA fell to 4.12 won on Upbit on the day of the announcements, its lowest price on the exchange according to Upbit Data Lab. The token later traded at 4.39 won, down 10.77% from the previous close of 4.92 won.
Bithumb cites project activity and token use in RECALL delisting
Bithumb said the documents submitted by the Recall Foundation failed to answer the questions that prompted the exchange to place RECALL on its watchlist. The exchange decided to delist the token after reviewing the team’s progress and how the project uses RECALL.
When trading closes on December 14, Bithumb will cancel all open buy and sell orders for MANTRA and RECALL. It will also stop accepting orders through its API at that time.
Users will have another 30 days to withdraw either token. Bithumb set the withdrawal deadline for 06:00 UTC on Wednesday, January 13, 2027.
Bithumb and Coinone add MAPO to their watchlists
Bithumb placed MAP Protocol on its trading watchlist on November 13. The December 14 trading cutoff applies only to MANTRA and RECALL.
Coinone also added MAPO to its watchlist that day. In its notice covering MAPO on the Ethereum network, the exchange cited a security incident. MAPO’s price fell 9%.
