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KuCoin have announced they will be removing a further eight projects from their platform. A move which will see more projects being removed from KuCoins 'Special Treatment' area.
The announcement will see eight projects being delisted, according to KuCoin's 'Special Treatment Rule' following the ending of their latest ST observation phase.
KuCoin announced "The following projects have been disqualified and the tokens will be removed from the exchange:
Arcblock (ABT)
SingularityNET (AGI)
Aeron (ARN)
DATA (DTA)
IHT Real Estate Protocol (IHT)
Polymath (POLY)
Quantstamp (QSP)
Substratum (SUB)"
Read More: KuCoin unveils Special Treatment Area
The coins will all be delisted by May 3 2019, with deposits being halted from Jan 29 18:00 UTC+8. Trading pairs will be closed from Feb 3 2019.
The eight projects being removed all rank within the top 400 based on market cap. While all the projects are currently listed on several exchanges and have decent sized trading volume, the removal from KuCoin could potentially hurt the projects in the long term.
Read More: KuCoin delists 10 projects from Special Treatment Area
KuCoin announced the launch of their 'Special Treatment' area for projects on the exchange that could end up in this final phase of potential delisting due to lack of activity from projects, not following of roadmaps, projects going through liquidation, and several other potential issues.
The delisting of the coins adds to the 10 projects that KuCoin delisted in December 2018 following the same 'Special Treatment Rule'
ST: KuCoin Delisting of Some Projects
— KuCoin Updates (@KuCoinUpdates) January 29, 2019
See the official announcement here:https://t.co/mlVeKMdECA pic.twitter.com/bwIDWvULtI