KuCoin system has halted Withdrawals of QLink token “QLC” as its safety system triggered automatically.
KuCoin has a safety measure which triggers when a large certain amount of fund is withdrawn within short-time period, and it has just been triggered on QLink token “QLC”.
It’s been announced that all clients’ funds are safe and Withdrawal of QLink token will be available soon once the funds inside the hot wallet are replenished.
KuCoin also makes sure that the Exchange never holds 100% of tokens in hot wallets, to improve the security.
Please click "Introduction of KuCoin", if you want to know the details and the company information of KuCoin.
Comment by jetonwhy
February 16, 2025
Anyone else finding it weird that Deriv only allows deposits through Jeton and not bank transfers? They’ve removed crypto too, so now it’s just cards and Jeton. Kinda frustratin...