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KuCoin’s Clean Sweep: Delisting Unworthy Projects

KuCoin's Clean Sweep: Delisting Unworthy Projects
KuCoin’s Clean Sweep: Delisting Unworthy Projects

Ensuring Trading Platform Integrity and User Security

In the fast-paced world of cryptocurrency trading, security and reliability are paramount. KuCoin, a frontrunner in the field, prides itself on providing a secure and trustworthy platform. With cutting-edge security technologies and a dedicated maintenance team, KuCoin goes the extra mile to safeguard your assets and accounts.

Diligent Security Measures

At the forefront of KuCoin’s commitment is a specialized security team working tirelessly to fortify the platform. This, coupled with independently verified Proof of Reserves, guarantees that every user’s assets are securely backed on a 1:1 basis.

Projects Under the Axe: KuCoin’s Special Treatment Rules

KuCoin’s recent move involves the disqualification of certain projects under its Special Treatment Rules. The tokens associated with these projects are slated for removal from the platform. The list of ousted projects includes:

  • Kambria (KAT)
  • Sakura (SKU)
  • Don-key (KDON)
  • LOCGame (LOCG)
  • Sienna (WSIENNA)
  • Inflation Hedging Coin (IHC)
  • Position Exchange (POSI)
  • TE-FOOD (TONE)
  • Pika Protocol (PIKA)
  • Karura (KAR)

Trading Pairs on the Chopping Block

In tandem with the project removals, KuCoin is also bidding farewell to several trading pairs. The affected pairs encompass a variety of tokens, such as KAT, SKU, KDON, LOCG, WSIENNA, IHC, POSI, TONE, PIKA, and KAR.

Smooth Transition: A Staged Approach

To ensure a seamless transition, KuCoin has outlined a staged removal process. Initially, on November 24, 2023 (UTC) at 06:45:00, the KuCoin Trading Bots, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Martingale, and Futures Grid, will cease operations.

Following this, at 07:00:00 on the same day, the designated trading pairs will be formally expunged. Users are advised to proactively manage their finances by canceling any pending orders linked to the affected projects.

Act Now: Withdrawal Services Cease on May 28, 2024 (UTC)

Mark your calendars, as deposit and withdrawal services for the delisted projects will cease on May 28, 2024 (UTC). Users holding relevant tokens are strongly urged to withdraw their funds before the specified closing date to avoid any complications.

Cautionary Note: Risks of Delayed Withdrawals

KuCoin emphasizes the importance of timely action, warning that failure to withdraw funds within the stipulated timeframe will be deemed a waiver, with no avenue for recovery. Should withdrawal issues arise due to project activities during this period, the exchange will not be liable for customer losses.

Stay Informed: Updates on the KuCoin Delistings Special Website

For ongoing updates and detailed information on closure times for trading, deposits, and withdrawals, KuCoin encourages users to check the dedicated KuCoin Delistings special website.

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