KuCoin Delist 5 Projects from their Exchange

KuCoin Delist 5 Projects from their Exchange

As part of their Special Treatment Rule, KuCoin will be delisting a selection of crypto projects from their platform.

The Special Treatment (ST) process sees certain coins remove from the platform due to being deemed to have negative or risky qualities associated with them. These qualities can range from the project not providing appropriate information to the exchange, to changing its materials without informing KuCoin, to breaching or being associated with unlawful behaviour, as well as range of other suspicious behaviour that fall under the special treatment rule imposed by KuCoin.

In accordance with the latest phase of this, KuCoin has deemed 5 coins to be outside the parameters of their regulations and thus, operations with these coins will be suspended with their complete delisting to follow. The follow disqualified coins are:

  1. Cosmo Coin (COSM)
  2. Sirin Labs Token (SRN)
  3. Endor Protocol (EDR)
  4. Bounty0x (BNTY)
  5. Aigang (AIX)

If you have any of these coins, then you will need to be aware of the process of disqualification. This process has already begun with the closing of deposit via these tokens. This will be followed up by on Thursday, with relative trading pairs closed at 18:00 (UTC+8) on September 19, 2019, with traders advised to “cancel pending orders of relative projects as soon as possible”.

Withdrawals will still be available on the platform though up until 18:00 (UTC+8) on December 19, 2019. However, it is strongly advised to withdraw these funds, if you want to keep hold of them, before this date. If you fail to do so, you will be deemed to have given up on these funds and will have no right to claim back the funds, nor any other equal valued products, from KuCoin.

In other KuCoin news, there are currently a wide range of promotions on offer to celebrate their 2nd anniversary. Over the next week, there is plenty to claim on top coins so make sure you don’t miss out.

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