Dear KuCoin Users,

KuCoin Trading Bot will temporarily close the Margin Grid of USDD.

Meanwhile, to protect users’ assets, we strongly recommend that users close running Margin Grid trading bots of USDD in advance.

At 01:45:00 on February 7, 2024 (UTC), the Margin Grid trading bots of the USDD/USDT tokens’ will be closed.

If users have running Margin Grid trading bots of USDD/USDT, the system will cancel all open orders of the bots, initiate the liquidation process to close the USDD positions, and repay the loans. Subsequently, it will transfer all assets of the trading bot accounts of USDD/USDT left behind to the Main account.

Notes:

If the price of USDD fluctuates sharply, the delisting process may be initiated in advance. To avoid asset losses, it is recommended to close your Margin Grid trading bots of USDD/USDT in advance!

We apologize for any inconvenience caused and appreciate your patience.

Thanks for your understanding and support!

The KuCoin Team

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