"Fortunately, the altcoin to be delisted KuCoin is not very popular, does anyone here buy it?"
KuCoin, a leading cryptocurrency exchange announced the delisting of ten altcoin projects effective today as part of its efforts to ensure that all listed projects are in line with their standards.
The list of delisted tokens is 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).
As such, related trading pairs such as KAT/USDT, SKU/USDT and others will no longer be available on the platform.
Clarified further, the trading bot will cease operations from 09:45 Turkish time on November 24, 2023 while the affected trading pairs will be officially removed at 10:00 Turkish time on the same day.
Then, the withdrawal service for all those altcoins will end at 13:00 Turkish time on May 28, 2024, so KuCoin said users should start their withdrawal process before that date to avoid any potential loss or loss of funds.
KuCoin's actions reflect a growing trend in crypto where digital asset exchanges are focusing more on regulatory compliance and protecting users from being penalized by regulators.
On the other hand, Binance also acted similarly as its team will delist certain margin trading pairs including BTC/BUSD and ETH/BUSD on December 7, 2023 in response to recent investigations into money laundering issues in the crypto market.
