On Thursday, cryptocurrency exchange KuCoin announced that it plans to remove 6 tokens from its trading platform, namely EncrypGen Token (DNA), Publica Token (PBL), Raiden Network Token (RDN), Monetha (MTH), Blockmason Credit Protocol (BCPT) and Gladius Token (GLA).
According to the message, projects related to tokens have been disqualified in accordance with the norms set by the exchange. Reasons why tokens may be removed include low liquidity, insolvency, bankruptcy, negative audit results of KuCoin, late reporting and any other reasons determined by the KuCoin exchange.
Deposits and pending orders will be closed at 22.00 (UTC) on November 22, 2018. Related trading pairs will be closed on 14:00 (UTC) November 23, 2018. Withdrawals of removed tokens from KuCoin exchange accounts will be available until 18:00 (UTC) November 23, 2019. If you currently own these tokens, you better withdraw them before the deadline.
Earlier this week, the exchange also announced that it will make changes to the existing ones. pairs.
On November 20, 2018, trading pairs were added:
Deep Brain Chain (DBC) with NEO [DBC/NEO]
EOS with KuCoin shares [EOS/KCS]
GoCoin with KCS [EOS/KCS].
Trading pairs were also removed pairs: Ledger (OLT) with Tether (USDT) [OLT/USDT] (DRGN) with KCS [DRGN/KCS]
The Key (TKY) with KCS [TKY/KCS]
Every Coin (EYC) with KCS [EYC/KCS]
Gas Coin (GAS) with KCS [GAS/KCS].
According to a previous BC Focus report, the exchange raised more than $20 million from venture capital IDG Capital, Matrix Partners and Neo Global Capital in their Series A funding round.
According to bcfocus.com
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