Based in Singapore, the KuCoin cryptocurrency exchange will go into maintenance today, on Monday, February 18, in connection with the upcoming upgrade of its trading platform to version 2.0.
According to the message on the website of the exchange, the update started 08:00 local time (UTC + 8) and is expected to last about 14 hours.
During technical work, users will not have access to the platform. All pending orders will be saved until the resumption of work, while after the update is completed, users will be given 30 minutes to cancel previously placed orders. As the exchange says, such an opportunity will be presented for the purpose of possible losses due to price fluctuations in the market.
KuCoin reported in November last year about the upcoming platform update, at the same time receiving $ 20 million in investments.
The updated version of the site will support more types of orders, as well as offer "more efficient, stable and completely new APIs for trading and other new services."