Kucoin said it had “disqualified” tokens such as bread, bitclave, wepower and ethlend for failing to meet the Chinese exchange’s listing requirements as set out in its “special treatment rule (ST).” Digital coins at risk of being delisted are placed under the so-called ST for “mandatory review over a specified period of time.”

Tokens are indicted particularly for low liquidity or when the project is faced with the risk of bankruptcy or liquidation, security breaches and other issues. “The exchange may delist … the project (if it) fails to meet the basic liquidity requirements by the end of the observation period,” explains Kucoin on its “special treatment rule” page.

Any trading or deposits of the 10 delisted cryptocurrencies has now been suspended, even though withdrawals are permitted for a time. Kucoin said the decision had been taken in order “to provide a solid user experience” on the exchange.

Kucoin is the world’s 54th largest digital currency platform by daily trade volume, with $20.35 million worth of coins traded in the last 24 hours, according to data from Coinmarketcap. Currently, the exchange offers over 300 token trading pairs.

Sourced through Scoop.it from: news.bitcoin.com