Kucoin has taken a number of cryptocurrencies from the fair. Among the affected cryptocurrencies is Polymath, a platform for security tokens and Substratum, a protocol for a decentralized Internet with an involved community. The Hong Kong company is a medium-sized exchange with a trading volume of approximately 4.5 million dollars over the past 24 hours. They offer 322 trading pairs, of which the trading group ETH / BTC is traded the most.
Kucoin delistes cryptocurrencies
It is not very clear what the reason is. Apparently, the cryptocurrency below fell under a special admission regulation, the “Special Treatment Rule” as Kucoin calls it. That regulation is now formally terminated with the stopping of trade as a result.
It concerns the following coins:
- Arcblock (ABT)
- Aeron (ARN)
- DATA (DTA)
- IHT Real Estate Protocol (IHT)
- Polymath (POLY)
- Quantstamp (QSP)
- Substratum (SUB)
The trade will be closed on 3 February 2019 7:00 PM Dutch time. Until 3 May 2019 at 7 pm investors can still withdraw their credits from these cryptocurrencies. In addition, the trade of the USE / USDT trading pair also stops.