24/7 Cryptocurrency News

KuCoin Delists 10 Altcoins, Urges Users to Withdraw Funds by May 2024

KuCoin takes a bold step towards compliance by delisting 10 altcoins, while Binance follows suit amid changing crypto regulations.
KuCoin Delists 10 Altcoins, Urges Users to Withdraw Funds by May 2024

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’s 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 (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.

Advertisement

Timeline for Withdrawals and Trade Closures

KuCoin has outlined 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. 

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.

Advertisement

KuCoin’s Emphasis on User Cooperation

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’s action reflects a rising trend in cryptocurrency, where exchanges concentrate more on regulatory compliance and user protection. 

Concurrently, Binance is making similar adjustments 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’s decision highlights the evolving regulatory landscape in the cryptocurrency market and the need for exchanges to adapt swiftly.

Read Also: Uphold to Facilitate $5B in Ripple Payments, CEO Reveals

Advertisement

Share
Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

CEA Industries’ BNB Holdings Reach 480K as Binance Coin Hits New ATH of $1,300

BNB has surged to a record $1,300, overtaking XRP in market value, as CEA Industries…

October 7, 2025
  • 24/7 Cryptocurrency News

Peter Brandt Predicts XRP Could Drop to $2.2 If This Happens

Veteran trader Peter Brandt has dropped another XRP analysis, in which he revealed what could…

October 7, 2025
  • 24/7 Cryptocurrency News

Fed’s Stephen Miran Says He’s ‘Sanguine’ on Inflation Outlook as He Backs More Rate Cuts

Federal Reserve Governor Stephen Miran has again suggested that he isn't worried about the inflation…

October 7, 2025
  • 24/7 Cryptocurrency News

S&P Launches Crypto 50 Index But There’s A Catch

S&P Dow Jones Indices has introduced a new crypto index called the S&P Digital Markets…

October 7, 2025
  • 24/7 Cryptocurrency News

NYSE Owner ICE to Invest $2B in Polymarket as Interest in Prediction Markets Heats Up

Crypto predictions platform Polymarket has secured a strategic investment from New York Stock Exchange (NYSE)…

October 7, 2025
  • 24/7 Cryptocurrency News

Expert Predicts SOL ETF Approval This Week as Solana ETPs Break All-Time Record

An expert has predicted that the U.S. SEC could finally approve the pending SOL ETF…

October 7, 2025