{"id":199446,"date":"2023-11-24T00:35:39","date_gmt":"2023-11-23T19:05:39","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=199446"},"modified":"2023-11-24T00:35:39","modified_gmt":"2023-11-23T19:05:39","slug":"kucoin-delists-10-altcoins-urges-users-to-withdraw-funds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/kucoin-delists-10-altcoins-urges-users-to-withdraw-funds-crypto-news\/","title":{"rendered":"KuCoin Delists 10 Altcoins, Urges Users to Withdraw Funds – Crypto News"},"content":{"rendered":"

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In a significant move to enhance compliance, KuCoin, a prominent cryptocurrency exchange, has <\/span>announced<\/span><\/a> the delisting of ten altcoin projects. This decision, effective as of today, reflects KuCoin\u2019s commitment to its Special Treatment Rules, ensuring all listed projects align with their standards.<\/span><\/p>\n

The list of delisted tokens 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), and Karura (KAR). Consequently, related trading pairs like KAT\/USDT, SKU\/USDT, and others will no longer be available on the platform.<\/span><\/p>\n

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Timeline for Withdrawals and Trade Closures<\/h2>\n

KuCoin has <\/span>outlined<\/span><\/a> a phased approach for this delisting process. Initially, trading bots will halt operations from 09:45 Turkish time on November 24, 2023. The affected trading pairs will be officially removed at 10:00 Turkish time on the same day. Users are advised to cancel any pending orders related to these tokens to manage their funds efficiently.\u00a0<\/span><\/p>\n

Additionally, the withdrawal services for these altcoins will cease at 13:00 Turkish time on May 28, 2024. KuCoin underscores the importance of users initiating their withdrawal process before this deadline to avoid any potential loss of funds.<\/span><\/p>\n

KuCoin\u2019s Emphasis on User Cooperation<\/h2>\n

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KuCoin has stressed the need for cooperation from its users during this transition. Moreover, users can avoid unnecessary losses by promptly adhering to these changes and withdrawing their funds. KuCoin\u2019s action reflects a rising trend in cryptocurrency, where exchanges concentrate more on regulatory compliance and user protection.\u00a0<\/span><\/p>\n

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Concurrently, Binance is making <\/span>similar adjustments<\/span><\/a> to delist specific margin trading pairs, including BTC\/BUSD and ETH\/BUSD. This move, scheduled for December 7, 2023, is likely a response to the recent scrutiny surrounding money laundering issues in the crypto sphere. Binance\u2019s decision highlights the evolving regulatory landscape in the cryptocurrency market and the need for exchanges to adapt swiftly.<\/span><\/p>\n

Read Also:<\/b> Uphold to Facilitate $5B in Ripple Payments, CEO Reveals<\/span><\/a><\/p>\n

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Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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In a significant move to enhance compliance, KuCoin, a prominent cryptocurrency exchange, has announced the delisting of ten altcoin projects. This decision, effective as of today, reflects KuCoin\u2019s commitment to its Special Treatment Rules, ensuring all listed projects align with their standards. The list of delisted tokens includes Kambria (KAT), Sakura (SKU), Don-key (KDON), LOCGame […]<\/p>\n","protected":false},"author":2,"featured_media":199447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-199446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=199446"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199446\/revisions"}],"predecessor-version":[{"id":199449,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199446\/revisions\/199449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/199447"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=199446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=199446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=199446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}