Kucoin Suspends CS Transactions, 24 Hours Left for Token Listing Vote


Kucoin announced today that deposits and withdrawals of Credits (CS) has been suspended on its platform. The development is due to ongoing maintenance of the Credits platform by its technical team.

According to the release by the exchange which stated:

“Due to CS upgrade maintenance, we have decided to immediately suspend deposits and withdrawals for CS. We apologize for any inconveniences this may cause. Related follow-ups to this subject will be announced separately as soon as possible”

Token Listing Activity Voting Ends in 24 Hours

The latest Kucoin voting activity for listing token is still on. This is the exchange’s rating system for selecting proof of work (PoW) token that would be listed on the platform. It gives community member opportunity to vote for their favorite project and have it listed on the Kucoin platform.

Five projects have been selected from 50 projects that applied. The top two projects would move to the final round of the voting. The competing projects are Ravencoin RVN, Zel (ZEL), Axe (AXE), Callisto Network (CLO) and Beam (BEAM).

According to Kucoin team,

“KuCoin will open an internal deposit voting channel for the two projects that have entered the final round. The project with the highest number of votes based on the number and amount of project deposits will be qualified for the free token listing. The activity details will be announced separately.”

Author: Jofor Humani

Jofor is a crypto journalist with passion for investigative review of projects with the aim to determine the authenticity of their claims.

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