As investigations were ongoing, KuCoin asked users to keep off trading for a week. This fee is also below the industry average. The API settings from Kucoin are relatively simple. KuCoin doesn’t currently charge any fees to make a deposit. You will need to give Read and trading authority. KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API KuCoin’s update also listed 10 different suspicious addresses that the platform asked to be blacklisted. share. To continue to be one of the most trustworthy and transparent exchanges, KuCoin has officially implemented KYC Verification on November 1, 2018. As Decrypt reported, KuCoin was hacked on September 26. Kucoin Exchange is active on twitter with daily updates, which is good to receive all the news regarding the exchange. most of the stolen assets. This follows tightening control by regulators worldwide, concerned digital currency is being used to fund illegal activities. After a decision has been made, the limits will be removed. KuCoin, a Singapore based cryptocurrency exchange announced earlier this week the reopening of its withdrawal and deposit services. Please check this news: Announcement of Deposit and Withdrawal Delay Caused By AWS Failure. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Nonetheless, the hackers kept moving relatively substantial parts of their illicitly gained cache over the past couple of weeks, selling around $13 million worth of tokens in total by the end of September. KuCoin KYC is now being rolled out for users. Some cryptocurrencies, such as NEO, can be withdrawn without paying any fee. Cryptocurrency exchange KuCoin has resumed its deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH) and Ethereum-based Tether tokens (USDT) that were disabled after the recent $280 million hack , according to an announcement published today. KuCoin exchange supports almost 400 live markets and users can choose crypto trading pairs including BTC, ETH, KSC, NEO, DAI, SC, USDT, PAX, TUSD, and USDC. BTC Withdrawal Fee: 0.0005 BTC; LTC Withdrawal Fee: 0.001 LTC; ETH Withdrawal Fee: 0.01 ETH; Trading Fee Discounts: 1% discount for every 1,000 KCS held in your wallet (maximum 30% discount) KuCoin Security Issues and Downtime. BTC, ETH, and USDT Withdrawal and Deposit Services Now Available According to an official announcement on October 7, KuCoin revealed that it reopened deposit and withdrawal functions for crypto tokens Bitcoin (BTC), Ether (ETH), and ERC20-USDT. KuCoin Deposits and Withdrawals Now Open. This article will help you learn more about how it works, how to do, and other common issues. Please see above for how to select tokens. To further protect its customer’s funds, KuCoin also generated new deposit addresses for BTC, ETH and USDT. KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack Cryptocurrency exchange KuCoin is bringing more services back online after suffering a major hack late last month. Is anyone else getting this notification when attempting to withdrawal right now? The Latest Updates about #KuCoin Security Incident: Elliptic, which is now eyeing that ETH, said in its Monday blog post that the laundering will likely continue on DEXs. It also imposes a minimum KuCoin withdrawal limit that prevents tiny movements from going through. Image: Shutterstock. , according to an announcement published today. — lyu_johnny (@lyu_johnny) October 3, 2020, Lyu added that $204 million worth of crypto—or 72% of the total funds stolen—are "out of the control of the suspicious addresses.". More Info. To put Kucoin’s youth into perspective, the research and development team was only assembled in May 2017. Kucoin was founded by a group with a passion for the blockchain who had already built up strong reputations at industry giants, such as GF Securities, Ant Financial, Youling, Jianbang Communication, and iBOX PAY. IP limitation should be set to no limit, as CH is cloud based we use over 200 IP addresses. KuCoin is the most advanced and secure cryptocurrency exchange to buy and sell Bitcoin, Ethereum, Litecoin, TRON, USDT, NEO, XRP, KCS, and more. Update: November 27, 2020 KuCoin resumed full service (trading, depositing and withdrawal) for the DENT Token. KuCoin charges a withdrawal fee amounting to 0.0004 BTC when you withdraw BTC. KuCoin… Recently, KuCoin CEO Johnny Lyu stated that the exchange had identified the hackers. The exchange resumed some of its services. ... For any newcomers wondering if KuCoin is legit or not, there are 305 total crypto exchanges listed on coinmarketcap. Log in to your KuCoin account. Great news! Cryptocurrency exchange KuCoin has resumed its deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH) and Ethereum-based Tether tokens (USDT) that were disabled after the recent $280 million hack, according to an announcement published today. In today’s cryptocurrency news sites, we can read some more on the developments. 100% Upvoted. This comes after the platform conducted a wallet security upgrade for the aforementioned tokens. KuCoin uses many security measures, including micro-withdrawal wallets, industry-level multilayer encryption, dynamic multifactor authentication, and dedicated internal risk control departments which oversee day-to-day data operations according to strict security standards. Deposit Fees. I'm having the same issue, not bumping up against authorized withdrawal limits... yep its disabled... no official statement... -.- man this sucks!!!!! KuCoin Futures … A quick update since my last livestream on Sep 30. Although non-compulsory, failure to provide information will result in withdrawal limits being placed on users' accounts. They added, " The assets in our cold wallets are safe and unharmed, and hot wallets have been re-deployed. Withdrawal.disabled? KuCoin will probably get access again to the stolen DENT tokens and will continue full services (withdrawals and depositing) before November 22, 2020. The hacked KuCoin exchange resumed its deposit and withdrawal services for BTC, ETH, […] Announcement of Deposits and Withdrawals Delay Caused By AWS Failure : kucoin (reddit.com). The instant deposit and withdrawal service is currently in its beta testing phase. Contents Part 1: Why Get KYC Verified on KuCoin? Kucoin has an impressive amount of trading pairs, low trading fees, low withdrawal fees, and a reasonable amount of daily volume. Mine always say withdraw.disabled ?‍♂️ @kucoincom ... @paddle_x @kucoincom Kucoin is having major issues with eth withdrawal. Press question mark to learn the rest of the keyboard shortcuts, Announcement of Deposit and Withdrawal Delay Caused By AWS Failure, Announcement of Deposits and Withdrawals Delay Caused By AWS Failure : kucoin (reddit.com). Smaller withdrawal amounts are usually processed very quickly and can be completed in a few seconds, while larger amounts can take up to ten minutes. However, individuals can currently sign up to be a part of its early pilot program. Click on " Main Account (Deposit&Withdraw) " under the "Assets" tab, click "Deposit&Withdrawal History" to choose Withdrawal history. The Latest Updates about #KuCoin Security Incident: In today’s cryptocurrency news sites, we can read some more on the developments. Nonetheless, the hackers kept moving, parts of their illicitly gained cache over the past couple of weeks, selling, Recently, KuCoin CEO Johnny Lyu stated that the exchange had. KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange. KuCoin then transferred untouched funds to a new address. ... @Vanderl34122444 @360_trader Does anyone having problems on withdrawing their coti from kucoin? Yes, this is still the wild-west. The hacked KuCoin exchange reopens its withdrawals and deposits options, still going on to restore services that were disabled after the hackers stole more than $280 million in crypto. Furthermore, Ampleforth reportedly disabled the transfer of $10.89 million worth of AMPL tokens, while Ocean Protocol recovered some undisclosed tokens to the KuCoin wallet. I’ve been trying to withdraw some btc but it keeps telling me it’s disabled. Kucoin is a digital asset exchange for trading in cryptocurrencies like Bitcoin and Ethereum. “Though the old addresses are still available currently, it is recommended that you update your deposit addresses in time,” urged the exchange. For cryptocurrency withdrawal, KuCoin supports internal and external transaction fee deduction, which means when the balance in your main account is sufficient to support the withdrawal, the system will initially deduct the transaction fees from your main account. Find the next crypto gem on KuCoin, the People's Exchange, Looks like you're using new Reddit on an old browser. All in all, the trading fees and withdrawal fees here are strong competitive advantages against the majority of other top crypto exchanges in the market. Crypto exchanges are exceptional in that they offer 24/7 markets worldwide, this is unheard of in traditional trading. save. Read on the Decrypt App for the best experience. https://decrypt.co/44184/hacked-exchange-kucoin-reopens-bitcoin-deposits-withdrawals, Cryptocurrency exchange KuCoin has resumed its deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH) and Ethereum-based Tether tokens (USDT) that were disabled after the recent. Johnny announced the reopening of the withdrawal and deposit services for a growing number of tokens. What’s going on kucoin? For the best experience, top crypto news at your fingertips and exclusive features download now. KuCoin was able to reinstate deposit and withdrawal services soon thereafter. 2 comments. Cryptocurrency exchange KuCoin has resumed its deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH) and Ethereum-based Tether tokens (USDT) that were disabled after the recent $280 million hack, according to an announcement published today. The exchange was forced to shut down operations following an attack on its systems that led to the loss of $275 million. KuCoin reopens Bitcoin deposits and withdrawals after the hack Cryptocurrency exchange KuCoin reopens and starts its deposit and withdrawal services for Bitcoin (BTC), Ethereum (ETH) and Ethereum-based Tether tokens (USDT) that were disabled after the recent $280 million hack, according to an announcement which was published today. Actually been waiting for the withdrawal function to work, need more coins to stake Binance cryptocurrency exchange has temporarily disabled both deposit and withdrawal functions on its platform due to some issues with Amazon Web Services Relational Database Service in Tokyo. For Bitcoin, the minimum withdrawal amount is .002 BTC. KuCoin has not confirmed the amount that was taken. At the time, the platform stated that the hackers used a leaked private key to access its wallets and steal roughly $280 million worth of cryptocurrencies. Currently, KuCoin continues to gradually restore the deposit and withdrawal services for the remaining tokens, and “the full service of USDT will also resume soon,” the platform reassured its customers today. Due to the network issue from service provider AWS, Binance has temporarily disabled the deposit and […] We apologize for the inconvenience caused. Exchanges too have issues sometimes, Binance, Kraken, Coinbase whatever platform you are on all have issues, this is simply part of the deal. In September of last year, the digital platform suffered a major hack, where almost $300 million was stolen. They set daily withdrawal limits on some tokens due to ongoing judicial proceedings. KuCoin Security The Latest Updates about #KuCoin Security Incident: ✅ BTC, ETH, USDT deposits and withdrawals have resumed✅ Full services have now resumed for 65 projects, We will continuously update the progress:https://t.co/dDR8RjBcif pic.twitter.com/WSSmEjDpiG. hide. KuCoin launched in August 2017 and has had no publicly-disclosed security issues, hacks, or data breaches since launch. However, the exchange said that it can cover all the losses. Only 8 of those have an exchange rating of 8 or higher. Deposit and withdrawal are available on KuCoin now. . Select the token that you would like to see the withdrawal history for. At the time, the platform stated that the hackers used a leaked private key to access its wallets and steal roughly $280 million worth of cryptocurrencies. The exchange closed deposits and withdrawals of some of the tokens due to the hack. OCEAN: Ocean Protocol(OCEAN) has announced that tokens recovered from the KuCoin hack have been returned to KuCoin wallets. According to data from CoinMarketCap, KuCoin, based in Singapore is the 16th-most-popular crypto spot exchange when taking into account trading activity, traffic, and volume. Law enforcement officials and police are officially involved to take action. In a statement released by Singapore based Kucoin, the company states that since September 26th 2020, bitcoin, ERC-20 and others tokens in KuCoin's hot wallets were transferred off the exchange including parts of their total assets holdings. AMPL: Ampleforth (AMPL) has announced that they have disabled transfers of the 14.82 million AMPL tokens (about $10.89 million) from the attacker. However, the exchange said that it can cover all the losses. A trading discount for KCS holders and low withdrawal fees KCS holders will automatically be qualified for KuCoin exclusive promotions, offers and rewards. After a thorough investigation, we have found the suspects of the 9.26 #KuCoin Security Incident with substantial proof at hand. report. Anyone else having this problem? Make sure to keep withdrawal disabled! After the hack, various crypto projects vowed to freeze most of the stolen assets. The deposits and withdrawals will also be instant, making Kucoin one of the few exchanges to offer such a feature. Prior to reopening the services, the platform performed a “wallet security strategy upgrade” for the corresponding coins. Dear user, Thanks for reaching out. We are locating the reason for the … The hacked KuCoin exchange reopens its withdrawals and deposits options, still going on to restore services that were disabled after the hackers stole more than $280 million in crypto. Why can’t we withdraw our money? 10 different suspicious addresses that the platform asked to be a part its! Trying to withdraw some BTC but it keeps telling me it ’ s youth into perspective, the said... The exchange closed deposits and withdrawals now Open unheard of in traditional.. Is cloud based we use over 200 ip addresses the platform asked to be one of most! Caused By AWS Failure 27, 2020 KuCoin resumed full service ( trading, depositing and services! 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