KuCoin Will Support the Token Redenomination and Upgrade of SUN (SUN)

Dear KuCoin Users,

KuCoin will support the SUN (SUN) token redenomination swap. We will start the upgrade and complete the OLD SUN to NEW SUN token swap automatically for SUN holders on KuCoin.

The arrangements are as follows:

1. KuCoin will suspend the SUN deposit and withdrawal services at 07:00:00 on June 21, 2021 (UTC).
2. KuCoin will close the trading service for the SUN/USDT trading pair at 10:00:00 on June 21, 2021 (UTC). We recommend that you cancel your pending orders of SUN as soon as possible.
3. To complete the upgrade, KuCoin will take snapshots of users’ SUN assets at 16:00:00 on June 21, 2021 (UTC). After the snapshot, we will convert the OLD SUN into NEW SUN at a ratio of 1:1,000 (1 OLD SUN = 1,000 NEW SUN).
4. KuCoin will open the NEW SUN deposit service at 02:00:00 on July 5, 2021 (UTC).
5. KuCoin will open the trading service for the SUN/USDT trading pair and the NEW SUN withdrawal service at 08:00:00 on July 6, 2021 (UTC).

Please note:

• Minimum holding for eligibility: 0.001 OLD SUN;
• The snapshot will include SUN balances in Spot accounts (Main Account + Trading Account).
• SUN tokens that were pending deposit or withdrawal at the time of the snapshot will not count towards your SUN balance.
• After the token swap is complete, the OLD SUN will not be supported on KuCoin.

For further information on the token swap, please refer to the Official Announcement: SUN Redenomination and Upgrade Plan

Regards,

The KuCoin Team

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