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KuCoin Halts OLT Deposit Due To Network Upgrade

KuCoin (Courtesy: Twitter)
KuCoin (Courtesy: Twitter)
KuCoin (Courtesy: Twitter)
KuCoin (Courtesy: Twitter)

KuCoin, a Hong Kong based cryptocurrency exchange, has brought to a halt its OLT deposit and withdrawls and announced about the same through an official statement.

“Due to OneLedger (OLT) project upgrade, KuCoin suspended deposits and withdrawals for OLT.”

We apologize for any inconveniences this may cause.

Related follow-ups to this subject will be announced separately as soon as possible,” the exchange said.

The normal functioning of the organisation will return once cross-chain app platform One Ledger Trade completes its network upgrade.

KuCoin is a cryptocurrency exchange based in Hong Kong. US-investors are not listed as prohibited from trading. The exchange has one of the world’s most impressive trading pair selections, with more than 300 trading pairs.

Furthermore, the exchange claims to have the most advanced API on the market.