KuCoin Will Support the Electroneum Chain (ETN) Smart Chain Swap

Kucoin update !

Dear KuCoin Users,

KuCoin will support the Electroneum Chain (ETN) smart chain swap and complete the swap automatically for Electroneum Chain (ETN) holders.

To ensure the smooth release of the new Electroneum Chain (ETN) and the proceeding of the swap, the deposit and withdrawal services for Electroneum Chain (ETN) on KuCoin will remain closed.

The arrangements are as follows:

  1. KuCoin will open the Electroneum Chain (ETN) deposit services at 06:00:00 on September 13, 2024 (UTC).

  2. KuCoin will open the trading service for the ETN/USDT trading pair at 10:00:00 on September 13.

Related follow-ups to this subject will be announced separately as soon as possible.

For further information on the swap, please refer to:

Guide for Electroneum CLI Wallet Users: Transitioning to the New Smart Chain

Thank you for your support!

The KuCoin Team

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Electroneum tweet

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Kucoin.com tweet

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Hi,
FYI:

I (a USA citizen) just received this from KuCoin:

"Dear KuCoin Users,

Due to legal and regulatory restrictions in US, as of 0:00 (UTC-5) September,19, 2024, you will no longer be able to open new trade orders to your account, nor will you be able to enjoy any more new services.

After 0:00 (UTC-5) October 17, 2024, all services of your account will be ceased while ongoing services will be forcibly terminated.

Your account will be set to “Withdrawal only” status and only support login and withdrawal services. You must withdraw your account assets before 0:00 (UTC-5) December 17, 2024."

???

Thanks,

Tom

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Unfortunately that is down to your location ans there isn’t anything we can do.

You could send it to another wallet like MetaMask for safe keeping.

Update…

Withdrawals are now open on kucoin

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@Plankton_ETN is KuCion works for UK citizens?

Works ok for me, fully verified (kyc) uk

According to google

User Access to KuCoin from the UK
KuCoin does not impose any explicit restrictions on users accessing its platform from the UK. British residents can easily create an account, deposit funds, and trade various cryptocurrencies on the KuCoin exchange without any geographical limitations.

Kc moderator on reddit

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I use it, and am also fully KYC verified like Plank.

I think they have restrictions on certain services for UK customers…I assume staking type services…but normal spot trading has been fine thus far.

However, as always, due diligence and verify with them direct :+1:

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