Bitcoin SV (BSV) Deposits and Withdrawals Temporarily Suspended From April 7 at 5:00 p.m.

An unconfirmed report circulating on Telegram suggests Bitcoin SV (BSV) deposits and withdrawals will be temporarily suspended starting April 7 at 5:00 p.m., but no official exchange notice matching that date has been located as of press time.

The claim appears to reference a service interruption on Coinone, a South Korean cryptocurrency exchange that lists BSV. However, the only verified Coinone notice regarding a BSV deposit and withdrawal suspension pertains to a wallet maintenance event completed in February 2026, not April. Users who manage BSV through exchanges, including those exploring anonymous wallet options on platforms like KuCoin, should verify any suspension claims against official sources before acting.

What the Verified Coinone BSV Notice Says

Coinone published an official notice on February 7, 2026 at 03:17 KST announcing that BSV deposits and withdrawals would be suspended starting that same day at 12:20 KST. The exchange attributed the interruption to wallet system maintenance.

BSV trading remained available throughout the maintenance window. Users could continue to buy and sell BSV on Coinone’s order books even while deposits and withdrawals were paused.

Coinone updated the notice to confirm that maintenance was completed on February 9, 2026 at 12:09 KST, meaning the suspension lasted roughly two days. The notice title now includes “(완료),” indicating the matter is resolved.

How Temporary BSV Suspensions Affect Users

When an exchange suspends deposits for a specific asset, incoming transfers sent during the window may not be credited until services resume. Coinone’s support documentation confirms that BSV deposits normally require 30 confirmations before being reflected in a user’s balance.

Withdrawal suspensions prevent users from moving BSV off the exchange to external wallets. Anyone planning transfers around a maintenance window should complete withdrawals beforehand or wait for official confirmation that services have resumed.

These types of temporary suspensions are routine across cryptocurrency exchanges. Coinone’s April notice listings currently show maintenance items for other assets such as STG and TAIKO. Similar operational decisions at other platforms, such as when Binance delisted multiple spot trading pairs earlier this year, underscore how exchanges regularly adjust asset servicing.

What Remains Unconfirmed

According to a single unconfirmed Telegram post, a new BSV suspension is scheduled to begin on April 7, 2026 at 5:00 p.m. No official Coinone notice matching this date and time has been published as of April 1, 2026. Users should treat this claim with caution until an exchange publishes a formal announcement.

What Users Should Watch Before Services Resume

BSV was trading at $14.10 with a 24-hour gain of 3.74% and a market capitalization of approximately $281.6 million at the time of writing. While these price movements are unrelated to the suspension claim, users holding BSV on exchanges should be aware that wallet maintenance can temporarily prevent transfers even when broader market conditions remain stable.

The key signals to watch: an official notice from the exchange naming the exact start time, the affected services, and a projected restoration window. Until that notice appears, the April 7 claim remains unverified.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.