What happens with coins you own that get delisted?
Curious what happens to your coins if you own one that gets delisted? Do they just sit on Kucoin at a fixed price? Are you able to transfer them to another coin after it has been delisted?
Just hoping for some clarification. Thanks!
Delisting doesn’t mean anything else than that KuCoin stops trading said coin. Most of the time they allow a certain amount of weeks for you to withdraw them. The coins are not fixed in price, but will move with the rest of the market like any other coin that’s also listed on other exchanges. You won’t be able to “move them to another coin” as that would be an exchange, which is no longer possible.
makes me wonder what happen with the dust.
ok its not much, but it will happen a lot over time.
Does KuCoin intend to implement a broom feature like binnance?
They will give a certain time to withdraw all your assets. Most of the coin/token on kucoin is performing well. I wish no one delist!