KuCoin to Discontinue Leveraged Trading Services for Multiple Tokens
2026-08-14 11:42:33
According to CoinMeta, KuCoin has announced that it will remove the cross-leverage trading services for QNT, AR, and JASMY, as well as the isolated leverage trading service for ZORA. To protect users' assets, KuCoin strongly advises users to cancel unfinished orders, close positions, repay loans in advance, and transfer the aforementioned tokens from their leveraged accounts to other accounts. During this period, leveraged trading, lending, and borrowing services for these tokens will be suspended. Additionally, the functionality for transferring tokens between leveraged accounts and loan repayments will also be paused. If users fail to shut down the related trading robots before the specified time, the system will automatically do so. Users need to manage their positions in advance to avoid unexpected losses.
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Source:Kucoin
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