Announcement Regarding the Closing of Subscription of Some Leveraged Tokens

Announcement Regarding the Closing of Subscription of Some Leveraged Tokens

08/16/2021, 11:17:24

Dear KuCoin users,

Due to recent market volatility, the issuance of some leveraged tokens has reached the upper limit. In order to maintain market stability, the KuCoin leveraged tokens team will suspend the issuance of these leveraged tokens and close the subscription. The recovery time will be notified separately through the official announcement.

The leveraged tokens involved are: ADA3L, VET3L

Note: The redemption and trading market will not be affected.

The current market is volatile. KuCoin kindly recommends that you can adjust your position to control the risk!

Regards


The KuCoin Team


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