Removing USDT, Hryvnia, and Multiple Currencies from Exchange Listing: Kuna's Decision
Headline: Kuna Bids Adieu to Several Cryptos: Here's What You Need to Know About the Delisting
Bye-Bye Bitcoin Buddies: Starting March 3, Kuna, the popular Bitcoin exchange, will chuck several cryptocurrencies from its platform in compliance with the MiCA regulation and virtual asset service provider standards. Users have been duly informed through notifications.
Off with the Currencies: Get ready to say goodbye to the following digital dinosaurs:
- USDT
- DAI
- UAH
- KUN Token
- ZEC
- DASH
Withdraw or Risk It: Holders of these assets are advised to hightail it to external wallets ASAP. On February 19, Kuna will wipe out all open orders that contain the delisted tokens.
Cutoff Date: Withdrawals for these assets will be disallowed from March 3, and the Kuna Code bot will be turned off.
Forced Feedback: If users have not withdrawn the delisted tokens by March 3, Kuna will convert them into USDC at the market rate available at 00:00 CET (01:00 Kyiv) on March 4. All other funds and tokens remain safe and accessible for withdrawal, in accordance with the Terms of Use.
Transition Time: As a friendly reminder, at the end of January, Kuna's founder, Mykhailo Chobanian, declared the company's closure in all countries. Users will have a two-month transition period to withdraw their balances.
A Familiar Face: Previous to this, Ukraine's State Special Communications Service blocked Kuna's domain based on a decision by the Shevchenkivskyi District Court of Kyiv, at the request of the Bureau of Economic Security.
Still Curious? For specifics on Kuna's delisting and the post-March 3 circumstances of remaining funds and tokens, check out Kuna's official announcements or customer support. Search results didn't provide this information.
- Despite the delisting of Bitcoin by Kuna, it's important to note that Ethereum, a significant player in the finance sector, remains available on the platform as of now.
- As Kuna bids farewell to Bitcoin and other cryptocurrencies like USDT, DAI, UAH, KUN Token, ZEC, DASH, and possibly Ethereum in the future, it's crucial for investors to transfer their holdings to external wallets to avoid losses when open orders get wiped out on February 19.
