KuCoin Stop Order System Upgrade Notice

KuCoin Stop Order System Upgrade Notice

10/23/2020, 10:42:26

Dear KuCoin Users,

In order to improve the utilization of user funds and provide you with better trading experiences, KuCoin has scheduled an upgrade of the Stop Order system (Stop Limit and Stop Market) in the Spot and Margin markets at 15:00:00 to 15:40:00 on October 28, 2020 (UTC+8). During the system upgrade period, the Spot and Margin markets will not be able to place and cancel orders, though existing open orders will proceed normally,KuCoin will reserves 10 minutes for you to cancel orders.

After the upgrade is completed, the system will have the following adjustments:

1. When placing a Stop Loss Order, the new system will not pre-freeze the assets in your account for the order.

Note: After the Stop Orders are activated, the order rules are the same as the rules for Limit Orders or Market Orders

2. Open API will have the following adjustments:

1) [REST API] >> [Trade] will add a [Stop Order] module;

2) [REST API] >> [Orders] >> [Cancel Single Order by clientOid], [Get Single Active Order by clientOid] will no longer support untriggered Stop Orders, and [List Orders] interfaces module will no longer support untriggered Stop Loss Orders;

3) [Websocket] >> [Private Channel] >> [Stop Order Received Event] and [Stop Order Activate Event] modules will be disabled;

4) [Websocket] >> [Private Channel] will add the [Stop Order Event] Module.

Notes:

During the upgrade process, a very small number of existing Take Profit and Stop Loss Orders may be cancelled because they cannot be migrated, such as trading pairs that have been adjusted for accuracy, trading pairs that have been delisted from the markets, etc.

We apologize for any inconvenience this may cause.

Thank you for your support!

The KuCoin Team