KuCoin Will Temporary Close the Cross Margin Services for Multiple Trading Pairs

Dear KuCoin Users,

To enhance users’ Margin experience, KuCoin will temporarily close the Cross Margin services for the following trading pairs:

Meanwhile, we strongly recommend users cancel their open orders for the aforementioned trading pairs to protect users' assets.

Details:

1. At 02:00:00 on May15, 2024 (UTC), the system will cancel all open orders for XRP-ETH, ATOM-ETH, and LTC-ETH trading pairs, and the Cross Margin services for these trading pairs will be closed.

2. At 02:00:00 on May17, 2024 (UTC), the system will cancel all open orders for TRX-ETH, BSV-BTC, and BSV-ETH trading pairs, and the Cross Margin services for these trading pairs will be closed.

To avoid asset losses, it is recommended to cancel the open orders for those trading pairs in advance!  

Risk Warning: Margin trading refers to the practice of borrowing funds with a relatively lower amount of capital to trade financial assets and obtain bigger profits. However, due to market risks, price fluctuations, and other factors, you are strongly recommended to be prudent about your investment actions, adopt an appropriate leverage level for margin trading, and properly stop your losses in a timely manner. KuCoin assumes no responsibility for any losses arising from the trade.

We apologize for any inconvenience caused and appreciate your patience.

Thanks for your support!

The KuCoin Team

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