Cryptocurrency Exchange KuCoin Removes 10 Tokens As They Fail to Maintain Listing Criteria
KuCoin is a Singapore Cryptocurrency exchange of Singapore announced the ten digital currency projects under a particular treatment rule system developed to ensure that only projects and manage specific standards registered on the platform.
Cryptocurrency Trading pairs for the delisted cryptocurrencies will halt at 18:00 on December 24, 2018. Operators will still be able to outcome withdrawals of the delisted possessions until 18:00 on March 21, 2019.
The Special Treatment of KuCoin Rule:
According to the statement, tasks delisted if they may be found to have low liquidity for a definite period or if they stop operations for three months. Troubles that can also disqualify a mission from persisted list consist of failure to tell the alternate of cloth changes, failure to cooperate with the trade for regular, periodic inspection, security failings, deviations from undertaking whitepapers, loss of progress conversation at the venture’s website, and incomplete, deceptive or untrue statistics disclosure.
Other issues indexed as deal-breakers consist of undertaking insolvency, the involvement of mission team contributors in questionable activities and investigations regarding illegal sports, wash trading, insider buying and selling, market manipulation and every other state of affairs that the platform deems volatile for its clients or its popularity.