KuCoin announced today that 10 altcoins have been delisted. The reason for delisting is stated as KuCoin’s Special Treatment Rules. It is emphasized that the relevant projects did not comply with these rules. Users are also reminded of the dates and what they need to do for the respective tokens.
Affected Altcoin Projects and Trading Pairs
The delisted projects include Kambria (KAT), Sakura (SKU), Don-key (KDON), LOCGame (LOCG), Sienna (WSIENNA), Inflation Hedging Coin (IHC), Position Exchange (POSI), TE-FOOD (TONE), Pika Protocol (PIKA), and Karura (KAR).
Additionally, the following trading pairs will also be removed from the platform: KAT/USDT, KAT/BTC, SKU/USDT, SKU/BTC, KDON/USDT, LOCG/USDT, WSIENNA/USDT, IHC/USDT, POSI/USDT, TONE/USDT, TONE/BTC, TONE/ETH, PIKA/USDT, and KAR/USDT.
The delisting process will take place in several steps. First, KuCoin Trading Bots will cease operations at 09:45 Turkish time on November 24, 2023.
Following this, the specified trading pairs are planned to be delisted at 10:00 Turkish time on November 24, 2023. To ensure efficient management of funds, the exchange advised users to immediately cancel all pending orders related to the affected projects.
Withdrawal Services and Deadline
The exchange also stated that deposit services for the aforementioned altcoin projects will be closed. It was emphasized that the withdrawal service for users will end at 13:00 Turkish time on May 28, 2024.
The exchange also highlighted the importance for users who hold the relevant tokens to initiate the withdrawal process on or before the specified deadline. It was reminded that failure to do so within the designated timeframe would result in users waiving their rights to reclaim funds or equivalent products from KuCoin.
KuCoin also advised timely withdrawals to ensure that users do not suffer any losses. The exchange emphasized the importance of user cooperation in facilitating a smooth delisting process.