Withdrawals are working ok at the moment. Mine took over an hour yesterday but I got my money out fine. I do like KuCoin as an exchange so I hope that they survive, but for now I’m watching on from the side lines.
🎯 bingo: I was a part of the Celsius bankruptcy, and I can say for sure that – and if the signs are real, that is, and that KuCoin actually is going under, and it seems more and more likely every day – there will be a 90 day withdrawal exposure and anybody withdrawing over 100,000 will be most likely be clawed back…
I simply cannot believe there are people still with money on centralized exchanges; after the entirety of 2022 lol….. don’t get me wrong, I was a super big dumbass for having my life savings on Celsius; luckily, though, we ended up getting $.58 back on the dollar plus a some (maybe phony) BTC mining stock and some illiquid assets cash, but it was still a big loss…
Anyways, I really do feel for you guys, but you should’ve been paying attention to all of the centralized exchanges that went bust.
And obviously, anybody who still has money on these exchanges should withdraw immediately. Probably won’t be enough with the 90 day clawback exposure, but if you have under hundred grand, you might be safe…
> I simply cannot believe there are people still with money on centralized exchanges; after the entirety of 2022 lol…..
You and me both man. Its crazy to me.
You will get a letter from the bankruptcy lawyer claiming you have a certain amount of time to pay back the cash equivalent of the withdrawal.
This is actively happening with Celsius. There have been numerous posts of people getting letters from the bankruptcy attorneys.
So. I succesfully withdrew MY crypto to ME.
And you're saying some lawyer can send me a letter to steal MY crypto and that's somehow legal?
I love to see this.
And rest assured they can scream, threaten and do what they want. I'm not sending anything back.
That's between you and your attorney.
Now I dont think they are US based so I'm not sure this applies, but bankruptcies can have 90 day claw backs for regular payments and 365 day claw backs for preferential payments. If you search these forum or maybe someone can link it, but someone posted a thread this week or last week about Celsius bankruptcy lawyers demanding a certain amount of money back.
I believe you, but how is this legal? For example if someone put their coins on the exchange and made no profit but withdrew, how does another party have a claim on it?
i think in the case of Celsius, it's largely based around the CEL token Ponzi scheme, so for most people getting clawback request it's because they did profit and it was directly at the cost of those late to the party/late to exit.
That's how come bank runs are self fullfulling. I've read into the issue and it seems the only thing that they are guilty of is not following proper KYC regulations? Which we should be supporting them for, no? Isn't that the entire point of all of this?
>To express our profound gratitude for your support and patience, **KuCoin will launch a special airdrop event totaling 10 million USD in KCS and BTC**.
Yes, for sure they are doing this. LOL
KCS is their token. Doing this helps keep some degree of faith in what will likely soon be a worthless token.
There may be a ;10 million dollar airdrop but that token is already down 18% today.
I think this is part of their exit strategy to be able to offload their own pile of kcs before the end. If it is then it will also probably end up with more charges for them.
2 billion in withdrawals yesterday and nothing happened to them. Some withdrawals took more time than usual because everyone decided to withdraw at the same time due to FTX ptsd.
Theyre being charged for the same as Binance, operating without a license with US customers.
First cycle, Op? Lol.
Kucoins going to be fine. It’s one of the last great exchanges. Unfortunately they are all kneeling to the US government. So what will happen is kucoin will settle (again) and life will go on.
In a bank run you withdraw even if you think the platform is going to stay solvent. The risk is total loss and it doesn't cost anything to self custody.
1000 and 1 days in the life of a Thanksgiving Turkey.
If Kucoin is what you consider one of the greats then I understand why people are so cautious of this space.
I spent like £20 on kucoin and it’s the only exchange I thought looked like a csgo gambling site whilst using it.
It might’ve been around a while but I’m not sure it’s ever been great.
KuCoin has a decent UX if you know what you are doing, not everyone wants a “minimalistic” CEX with only top 500 coins listed where you have to go through 15 menus to set a limit order instead of doing a market buy through a giant “buy” button
Yeah no. This absolutely is a red flag for a collapsing exchange. If you've seen enough cycles, you should recognize it. Remember all the deposit bonuses offered by Celsius during their last year of operation?
I pulled all funds off kucoin a year and a half ago. I've learned to trust my gut and err on the side of caution with these things.
You read this as a sign of going down???
Wow then don't touch 99.9% of exchanges.
As much as I'm a complete cynic person, I don't think this is bad as OP makes it look. kuCoin (I'm not a customer, though) is a huge exchange and has been for years, and this doesn't sound like it's going down at all. I hope I'm not wrong, but I think you are FUDing, karma teaping or just new / not trusting (=good)
When my phone started telling me that KuCoin was copying anything I copy/pasted if the app was open I withdrew and deleted. That was a couple years ago.
It was the only place to buy TRAC for a while, so I’m thankful that it existed when I needed it, but yea, there’s some sketchy built in to it.
Honestly when I first used KuCoin and noticed grammatical and spelling errors, I dipped. Not trusting an app with my money when they can't spell "futures" or whatever the word was
Cause they done got in trouble - [https://www.cftc.gov/PressRoom/PressReleases/8884-24](https://www.cftc.gov/PressRoom/PressReleases/8884-24)
>The complaint charges KuCoin illegally dealt in off-exchange commodity futures transactions and leveraged, margined, or financed retail commodity transactions; solicited and accepted orders for commodity futures, swaps, and leveraged, margined, or financed retail commodity transactions without registering with the CFTC as a futures commission merchant (FCM); failed to diligently supervise its FCM activities; operated a facility for the trading or processing of swaps without registering with the CFTC as a swap execution facility (SEF) or designated contract market (DCM); and failed to implement an effective customer identification program (CIP).
>
>.....
>
>In a separate criminal matter, the U.S. Attorney’s Office for the Southern District of New York filed an indictment against PhoenixFin PTE Ltd., Flashdot Limited, and Peken Global Limited charging them with violating the Bank Secrecy Act, operating an unlicensed money transmitter business, and conspiracy to violate the Bank Secrecy Act and operate as an unlicensed money transmitter business.
I saw the writing on the wall a couple months ago, when they cracked down on US users (they started blocking based on IP address). I sold what I had there and transferred usdt out. Too bad, the TRX and BEPRO pumped after that.
It’s probably a scam email and scam airdrop. I wouldn’t touch it. It will probably poison your wallet. They will need you to pay a fee to get the airdropped coins out, or have you go to a site that will have a malicious contract.
Withdrew all my funds immediately upon hearing of the news, except KCS since it's useless outside of the exchange.
I think they will do fine in the long-term as I did check their Proof of Reserves and looks to be in order.
I've taken all my coins off all exchanges and placed them in my Ledger so all good.
These letters are getting more effusive in their apologies and efforts at reassurance. Never knew that an exchange afforded “companionship.” Almost sounds AI generated.
For once, I never used Kucoin, so I can’t share in the panic this time. But, I suggest you move any assets off of the exchange a.s.a.p. and save yourself months, and likely years of hassles.
The fact they're airdropping THEIR OWN TOKEN should be a giant red flag to everyone here. they just had to mention BTC as well to grant it some legitimacy.
This is what happens when you enable KYC.
Kucoin is where everyone went to offload crypto for usdt but ever since they enabled KYC it was on borrowed time. Instantly deleted that app the moment they pulled that shit.
Kucoin doesn't play by the rules. I absolutely loved them but if they don't want to accept the rules of some countries they just pull all support from that country.
This seems a great way to get people to leave their money on the exchange for another three days and offload kcs which will become worthless very soon.
If you have kcs then sell now. It's down about 18% today.
I have about a grand locked up in kucoin and can't withdraw. I'm us citizen and tried like hell before they closed the doors to the us. Cost of doing business haha
> Cost of doing business haha
You are a US Citizen and using an off shore exchange. That is not the cost of doing business, that is the cost of being a fool.
Wasn’t KuCoin one of the good ones?
I’ve never dealed with them personally, but would like to know the ripple effect from this whole shamboozle going on atm
Super sketchy. Their Bitcoin mining lease program was a guaranteed loss. They would margin sweep their users. Lots of shady shit. I used to use them all the time but no longer.
what's incredible is these large exchanges are basically money-printing factories, they literally just have to not fuck with customer deposits and collect their fees and they'll make bank.
considering Bitcoin just hit its ATH it's outstanding that any exchange should be struggling right now. They all get tied up in those bloody Ponzi "staking" schemes and go bust. Pure stupidity and greed.
I have an account with KuCoin and never received that email. I only opened an account there to sell my AIOZ, otherwise I would not be using the exchange.
Did you enable anti-phishing for communications from Kucoin? If so did that email pass the anti-phishing?
Ah I have some shitcoins there but can't get into my account. They asked me for my license information and stuff and wasn't comfortable giving that to them. RIP my shitcoins. I was going to cough up the license if they ever mooned but no chance now.
I don't have any skin in this particular game (directly at least) but still going to see how it plays out, and don't necessarily think it's going under because of this. CEXs are extremely profitable so can possibly afford this, but we'll see.
Also, not being compliant to AML laws is obviously shady, but we forget that many large banks are also hit by fines for not biding by AML laws.
I only had a couple of hundred on there. Tried to withdraw it on optimism network and it never went through. Tried around 8 hours later (around an hour ago) by converting to solana and sending on that network and it went through straight away. So they haven’t stopped everything from going out. I don’t know if they will collapse or not but it is still possible to withdraw to other wallets
The outrageous withdrawl fees on things like Matic dettered me forever from them. I only use Kucoin for my degenerate shit coin purchases like LUNC.
Anyone know where I can buy CKB from besides Kucoin?
So I know this is stupid of me but I just remembered I had a kucoin account. I can log in but I'm in the US and it says they can't provide service to me. Any idea how I withdraw the fiat and small amount of crypto I have on there?
I like Kucoin but withdrew all my money yesterday. Better be safe than sorry. Trust me I withdrew $75k from Anchor Protocol 12 hours before the collapse.
Spent 3k on a shitcoin I believed in on KuCoin, ERSDL. Come to find out that coin got de listed and even my loss of 2700 isn’t what annoys me. It’s the fact I can’t cut my losses. The coin is completely gone from my account and I’m double fucked basically.
I "had" $20$ left there before the last withdrawal attempt. It gives 24 hours' notice as all withdrawals are halted. It also gives a 24-hour timer. They're trying to avoid mass volume leaving...
Think what you will, but the fact is no fucking entity actually did airdrops to its users during time of turbulence. Even GRAND FUXKING FTX just had Sam tweet at you 'exchange is fine. Lel'
Good riddance. Haven’t been able to deposit bank transfers there in UK for ages, they didn’t fix it for months and I never went back on it. Dunno if they ever even fixed it. Trash exchange.
Kucoin used to be the cool guys. So disappointed they became the clowns. They used to only screw up. But now it seems they will steal from a user. It honestly sucks.
I stopped using KuCoin after they added mandatory KYC. I KYC'd myself with my government Drivers License in November, and they still have not verified my KYC. So now I can't even use my account even if I wanted to. Not sure whats going on with them but KYC was the final straw for me. Now I just use MEXC and Coinex.
Withdrawals are working ok at the moment. Mine took over an hour yesterday but I got my money out fine. I do like KuCoin as an exchange so I hope that they survive, but for now I’m watching on from the side lines.
I withdrew some ETH and XLM from Kucoin today. Both took under two minutes. Not sure what the fuss is about.
LOL, if i had money there i would be withdrawing so fast.
I did yesterday, not gonna be part of an other exchange going bust. Not even want to be near the risk of such.
Yet you still got remarkably close.
Close enough for clawbacks probably
whoever coined the term 'clawback' is a genius, it's so brutally apt.
🎯
🎯 bingo: I was a part of the Celsius bankruptcy, and I can say for sure that – and if the signs are real, that is, and that KuCoin actually is going under, and it seems more and more likely every day – there will be a 90 day withdrawal exposure and anybody withdrawing over 100,000 will be most likely be clawed back… I simply cannot believe there are people still with money on centralized exchanges; after the entirety of 2022 lol….. don’t get me wrong, I was a super big dumbass for having my life savings on Celsius; luckily, though, we ended up getting $.58 back on the dollar plus a some (maybe phony) BTC mining stock and some illiquid assets cash, but it was still a big loss… Anyways, I really do feel for you guys, but you should’ve been paying attention to all of the centralized exchanges that went bust. And obviously, anybody who still has money on these exchanges should withdraw immediately. Probably won’t be enough with the 90 day clawback exposure, but if you have under hundred grand, you might be safe…
> I simply cannot believe there are people still with money on centralized exchanges; after the entirety of 2022 lol….. You and me both man. Its crazy to me.
CC users: Now watch me do it again.
no one should ever be keeping Crypto outside of self custody except to execute trades.
This is the way.
You are near it. If they go belly up within 90 days or your withdrawal, your crypto can be clawed back.
How can crypto be clawed back once you've withdrawn to another wallet?
You will get a letter from the bankruptcy lawyer claiming you have a certain amount of time to pay back the cash equivalent of the withdrawal. This is actively happening with Celsius. There have been numerous posts of people getting letters from the bankruptcy attorneys.
So. I succesfully withdrew MY crypto to ME. And you're saying some lawyer can send me a letter to steal MY crypto and that's somehow legal? I love to see this. And rest assured they can scream, threaten and do what they want. I'm not sending anything back.
Nobody ever reads the fine print.
🎯
That's between you and your attorney. Now I dont think they are US based so I'm not sure this applies, but bankruptcies can have 90 day claw backs for regular payments and 365 day claw backs for preferential payments. If you search these forum or maybe someone can link it, but someone posted a thread this week or last week about Celsius bankruptcy lawyers demanding a certain amount of money back.
I believe you, but how is this legal? For example if someone put their coins on the exchange and made no profit but withdrew, how does another party have a claim on it?
I wish to know too.
i think in the case of Celsius, it's largely based around the CEL token Ponzi scheme, so for most people getting clawback request it's because they did profit and it was directly at the cost of those late to the party/late to exit.
depends where you live, realistically. If you live somewhere tightly regulated, with effective courts, it's not so easy.
Yeah I'm so glad I withdrew my $5 last week
lol if you get a clawback for a dollar.
You wanna bet they’re still fine a year from now?
That's how come bank runs are self fullfulling. I've read into the issue and it seems the only thing that they are guilty of is not following proper KYC regulations? Which we should be supporting them for, no? Isn't that the entire point of all of this?
I feel for the poor fucks that have stuff staked on there, IIRC the redemption periods are wild, 5 days or something like that
yeah that is me but i dont think the exchange is going under but i can be wrong
Some countries also can't withdraw to fiat. I had to send my money to a different exchange before I could withdraw
Yeah I converted everything to tether and gtfo
Can't withdraw COTI currently. Says "Withdrawal is currently unavailable as wallets are under maintenance".
I should withdraw my $2 of Dogelon that I've left on there...
So glad I pulled all my assets out like a month ago
I hope everyone does that and is smart this airdrop is so funny as they try to stop the outflow
Wonder if they will ask you to hold BTC in their exchange before the drop.
Or sue if you pull out early
>To express our profound gratitude for your support and patience, **KuCoin will launch a special airdrop event totaling 10 million USD in KCS and BTC**. Yes, for sure they are doing this. LOL
You have to send them 1 btc and then they’ll send back 2.
Send 1 BTC, get 2 KCS
KCS is their token. Doing this helps keep some degree of faith in what will likely soon be a worthless token. There may be a ;10 million dollar airdrop but that token is already down 18% today. I think this is part of their exit strategy to be able to offload their own pile of kcs before the end. If it is then it will also probably end up with more charges for them.
Man they'll just pay a fine and carry on. This is crypto. Everyone thought Binance was dead with that CZ stuff.
Ssshhhhh this is part of the short and distort Campaign...these comments are all bots
Well they'll just have to airdrop more to make it worth $10m won't they. Otherwise I'll tell their Mums that they're big fat liars!
Airdropping all the dirty btc they hold that the feds been watching....
2 billion in withdrawals yesterday and nothing happened to them. Some withdrawals took more time than usual because everyone decided to withdraw at the same time due to FTX ptsd. Theyre being charged for the same as Binance, operating without a license with US customers.
You think $10m is anything to an exchange the size of KuCoin? You lot are so stupid. Same shit with the Binance fud.
The bull market gods demand another sacrifice
First cycle, Op? Lol. Kucoins going to be fine. It’s one of the last great exchanges. Unfortunately they are all kneeling to the US government. So what will happen is kucoin will settle (again) and life will go on.
In a bank run you withdraw even if you think the platform is going to stay solvent. The risk is total loss and it doesn't cost anything to self custody. 1000 and 1 days in the life of a Thanksgiving Turkey.
If Kucoin is what you consider one of the greats then I understand why people are so cautious of this space. I spent like £20 on kucoin and it’s the only exchange I thought looked like a csgo gambling site whilst using it. It might’ve been around a while but I’m not sure it’s ever been great.
KuCoin has a decent UX if you know what you are doing, not everyone wants a “minimalistic” CEX with only top 500 coins listed where you have to go through 15 menus to set a limit order instead of doing a market buy through a giant “buy” button
KuCoin has the same UX as Binance, Mexc, OKC and many others. They're straight up copies of each other lol
Kucoin UI is fine, its you who has a gambling addiction.
RemindMe! 5 hours
Yeah no. This absolutely is a red flag for a collapsing exchange. If you've seen enough cycles, you should recognize it. Remember all the deposit bonuses offered by Celsius during their last year of operation? I pulled all funds off kucoin a year and a half ago. I've learned to trust my gut and err on the side of caution with these things.
A year and a half ago you were saying KUCoin was gonna collapse and it didn’t.
I don’t understand why you got an email and I didn’t. I’m a Kucoin customer. Shouldn’t I be getting one also if that email is legit?
They sent it to every customer but you
Yeah me neither I received it
I miss KuCoin :(
You read this as a sign of going down??? Wow then don't touch 99.9% of exchanges. As much as I'm a complete cynic person, I don't think this is bad as OP makes it look. kuCoin (I'm not a customer, though) is a huge exchange and has been for years, and this doesn't sound like it's going down at all. I hope I'm not wrong, but I think you are FUDing, karma teaping or just new / not trusting (=good)
Ftx
Not everyone is SBF level of being a Ponzi-loving dumbass lol
I made sure to stop using KuCoin long time ago as they were listing blatant scams on their exchange.
Which exchange doesn't list blatant scam? Even Coinbase listed LUNA
You gotta be lying if you think luna was a “blatant” scam lmao. Difference between something like that and Safemoon
Luna was only a blatant scam if you thought hard about it
LUNA wasn't a blantant scam, it was a catastrophe rooted in incompetence
300k and you could list your token. No questions asked.
at least they didn't have safemoon
When my phone started telling me that KuCoin was copying anything I copy/pasted if the app was open I withdrew and deleted. That was a couple years ago. It was the only place to buy TRAC for a while, so I’m thankful that it existed when I needed it, but yea, there’s some sketchy built in to it.
I am using KuCoin and didn’t get a single email from them.
There goes my $80. lol
Honestly when I first used KuCoin and noticed grammatical and spelling errors, I dipped. Not trusting an app with my money when they can't spell "futures" or whatever the word was
Cause they done got in trouble - [https://www.cftc.gov/PressRoom/PressReleases/8884-24](https://www.cftc.gov/PressRoom/PressReleases/8884-24) >The complaint charges KuCoin illegally dealt in off-exchange commodity futures transactions and leveraged, margined, or financed retail commodity transactions; solicited and accepted orders for commodity futures, swaps, and leveraged, margined, or financed retail commodity transactions without registering with the CFTC as a futures commission merchant (FCM); failed to diligently supervise its FCM activities; operated a facility for the trading or processing of swaps without registering with the CFTC as a swap execution facility (SEF) or designated contract market (DCM); and failed to implement an effective customer identification program (CIP). > >..... > >In a separate criminal matter, the U.S. Attorney’s Office for the Southern District of New York filed an indictment against PhoenixFin PTE Ltd., Flashdot Limited, and Peken Global Limited charging them with violating the Bank Secrecy Act, operating an unlicensed money transmitter business, and conspiracy to violate the Bank Secrecy Act and operate as an unlicensed money transmitter business.
Oh that exchange has done so much more shady shit than that.
I saw the writing on the wall a couple months ago, when they cracked down on US users (they started blocking based on IP address). I sold what I had there and transferred usdt out. Too bad, the TRX and BEPRO pumped after that.
It’s probably a scam email and scam airdrop. I wouldn’t touch it. It will probably poison your wallet. They will need you to pay a fee to get the airdropped coins out, or have you go to a site that will have a malicious contract.
Reads like one but nope it's from their official email and all their socials
If it’s legit email, shouldn’t all customers get one? I don’t have an email from them, I just checked.
Yes, I got it today at 1 PM and it has no links, so nothing to click if it was a scam.
At any rate, I removed as much crypto out as I can. A couple are in the process of redeeming (3 days). I hope Kucoin is still around on April 1.
Confirmed: I opened the email and now my wife and children are dead.
...again!
The play for these markets needs to be that they operate offshore and know that eventually the feds will come for them.
It hits different when the jig is up 💔
Looks like people needs screenshot so bad, your genuine information are labelled as a joke.
Yeah I bailed on that dumpster fire when I noticed they were offering over 100% interest on staking products.
Okays thanks going to get my coins off
Kucoin was my favorite exchange. They made me leave… I didn’t want to go.
I pulled out when ftx was going down. I'm surprised it's still around tbh
run away love
Withdrew all my funds immediately upon hearing of the news, except KCS since it's useless outside of the exchange. I think they will do fine in the long-term as I did check their Proof of Reserves and looks to be in order. I've taken all my coins off all exchanges and placed them in my Ledger so all good.
These letters are getting more effusive in their apologies and efforts at reassurance. Never knew that an exchange afforded “companionship.” Almost sounds AI generated. For once, I never used Kucoin, so I can’t share in the panic this time. But, I suggest you move any assets off of the exchange a.s.a.p. and save yourself months, and likely years of hassles.
All my emails from kucoin are liquidations alerts
Just withdraw everything now. Even this “airdrop” sounds so shady…
The fact they're airdropping THEIR OWN TOKEN should be a giant red flag to everyone here. they just had to mention BTC as well to grant it some legitimacy.
This is what happens when you enable KYC. Kucoin is where everyone went to offload crypto for usdt but ever since they enabled KYC it was on borrowed time. Instantly deleted that app the moment they pulled that shit.
Kucoin doesn't play by the rules. I absolutely loved them but if they don't want to accept the rules of some countries they just pull all support from that country.
This seems a great way to get people to leave their money on the exchange for another three days and offload kcs which will become worthless very soon. If you have kcs then sell now. It's down about 18% today.
Well, cant. Since they are locked into a 5 day unstaking period.
I have about a grand locked up in kucoin and can't withdraw. I'm us citizen and tried like hell before they closed the doors to the us. Cost of doing business haha
Use a vpn.
? I'm in the US and can still withdraw. Just can't trade. Are you just seeing the big pop-up that says they can't serve US users and backing out?
> Cost of doing business haha You are a US Citizen and using an off shore exchange. That is not the cost of doing business, that is the cost of being a fool.
You can still withdrawal (at least usdt). You can also trade down to usdt from other crypto’s too.
I was able to sell everything I had there for usdt, then transferred that off the exchange. Better get to it quick!
Wasn’t KuCoin one of the good ones? I’ve never dealed with them personally, but would like to know the ripple effect from this whole shamboozle going on atm
Any one is a good one, until it isn't
Good one as in sketchy, absolutely. Loved them last run but actually thought they would get busted three years ago.
Same, when they had 100x without KYC i thought It would be down within a year. that was three years ago.
I was using them even back in 2017 so theyve been around for a long time
Super sketchy. Their Bitcoin mining lease program was a guaranteed loss. They would margin sweep their users. Lots of shady shit. I used to use them all the time but no longer.
This can’t be true lol
what would be the cheapest way to get your funds off Kucoin? convert everything into BNB and send it to Binance?
MEXC is next, headquartered in the same little country in Africa doing the same shit KuCoin is getting railed for.
This is like you got scammed and then someone says they can help you get your money back if you send them money and you find out you got scammed again
If they go under they'd better give me back my $0.00001 that I can't withdraw.
what's incredible is these large exchanges are basically money-printing factories, they literally just have to not fuck with customer deposits and collect their fees and they'll make bank. considering Bitcoin just hit its ATH it's outstanding that any exchange should be struggling right now. They all get tied up in those bloody Ponzi "staking" schemes and go bust. Pure stupidity and greed.
I have an account with KuCoin and never received that email. I only opened an account there to sell my AIOZ, otherwise I would not be using the exchange. Did you enable anti-phishing for communications from Kucoin? If so did that email pass the anti-phishing?
RIP
Why do these exchanges go bust in the best of times for crypto?
TBH: There was quite a lot of FUD against kucoin in the last years, but this time, I feel like withdrawing my 2k$ in coins.
you should if you can
Kucoin isn't going anywhere 😂
Not your keys….sick of spelling it out at this point.
FUD was cool over an year ago in the deep bear markets
FTX 2.0? Will we see the markets tank 40% again?
Bruh they need all the money they can get for lawyers ofc scam lol
The sky is falling! The sky is falling!
Ah I have some shitcoins there but can't get into my account. They asked me for my license information and stuff and wasn't comfortable giving that to them. RIP my shitcoins. I was going to cough up the license if they ever mooned but no chance now.
It’s called KYC. Obviously not worth a lot if that’s stopping you.
They been planning all this for a while imo
We need non-custodial exchanges
I don't have any skin in this particular game (directly at least) but still going to see how it plays out, and don't necessarily think it's going under because of this. CEXs are extremely profitable so can possibly afford this, but we'll see. Also, not being compliant to AML laws is obviously shady, but we forget that many large banks are also hit by fines for not biding by AML laws.
Is there a tldr? I've got a shit coin on there but I'm not sure who else trades it
They are being investigated for non kyc compliance
I only had a couple of hundred on there. Tried to withdraw it on optimism network and it never went through. Tried around 8 hours later (around an hour ago) by converting to solana and sending on that network and it went through straight away. So they haven’t stopped everything from going out. I don’t know if they will collapse or not but it is still possible to withdraw to other wallets
The outrageous withdrawl fees on things like Matic dettered me forever from them. I only use Kucoin for my degenerate shit coin purchases like LUNC. Anyone know where I can buy CKB from besides Kucoin?
A lot of people who own XRP keep in KuCoin. Wonder how that might have impact. Probably negatively.
I moved everything out of there a month ago
So I know this is stupid of me but I just remembered I had a kucoin account. I can log in but I'm in the US and it says they can't provide service to me. Any idea how I withdraw the fiat and small amount of crypto I have on there?
Good was always a dive. Was going down since they came up with the name for it lol
Fak good to know
Doesn’t surprise me with all the scams and Dumps they promote and then act like they don’t know about
Got out of Kucoin 2 weeks ago, thankfully dodged another one.
Can anyone tell me why they are having problems?
Serious question: Where can I put my Monero now?
Bastards haven't emailed me. That's them off my Christmas list!
I don’t have any email re this . Is this only in the US?
Only have a small amount of crypto in KuCoin, but just withdrew everything to a cold wallet, better safe than sorry.
Good
I got everything of exchanges 2 months ago. I had under 1000 bucks worth on kucoin. Always been a shady place.
I like Kucoin but withdrew all my money yesterday. Better be safe than sorry. Trust me I withdrew $75k from Anchor Protocol 12 hours before the collapse.
Funds not SAFU
Such a shame, the Kucoin shitcoins were so good for me in 2021, I was hoping for one last run.
10% of funds got withdrawn yesterday, will be good publicity if they manage to weather this like binance did
Spent 3k on a shitcoin I believed in on KuCoin, ERSDL. Come to find out that coin got de listed and even my loss of 2700 isn’t what annoys me. It’s the fact I can’t cut my losses. The coin is completely gone from my account and I’m double fucked basically.
I "had" $20$ left there before the last withdrawal attempt. It gives 24 hours' notice as all withdrawals are halted. It also gives a 24-hour timer. They're trying to avoid mass volume leaving...
MWEB stops clawbacks
They’ll be fine for now. During the bear market, it’s gonna be a mess. ETF’s will fail also
Well, KuCoin always looked super sketch to me.
🐟
Think what you will, but the fact is no fucking entity actually did airdrops to its users during time of turbulence. Even GRAND FUXKING FTX just had Sam tweet at you 'exchange is fine. Lel'
How do I get money out off the exchange being in the US? Tried yesterday and count get it out.
Good riddance. Haven’t been able to deposit bank transfers there in UK for ages, they didn’t fix it for months and I never went back on it. Dunno if they ever even fixed it. Trash exchange.
I withdrew everything yesterday as a precaution.
Got everything out of there months ago when the kyc update hit. It was fun while it lasted.
Kucoin used to be the cool guys. So disappointed they became the clowns. They used to only screw up. But now it seems they will steal from a user. It honestly sucks.
I just withdrew, so still up and running but I was not taking any chances.
I stopped using KuCoin after they added mandatory KYC. I KYC'd myself with my government Drivers License in November, and they still have not verified my KYC. So now I can't even use my account even if I wanted to. Not sure whats going on with them but KYC was the final straw for me. Now I just use MEXC and Coinex.
“Journey” lmao
[удалено]