The cryptocurrency exchange based in Singapore Kucoin (Coo Coin) has performed a platform 2.0 update at 8 AM (UTC) on 18th . Following this update, Kucoin Shares (KCS) of the token issued by the exchange is up about 10%.
Kucoin raised $ 20 million (about 2.2 billion yen) in the Series A fund raising round last November, and this fund is utilized for this platform update and overseas deployment.
cryptocurrency exchange Kucoin raises 20 million dollars (about 2.4 billion yen) newly in series A! – CRYPTO TIMES
Kucoin had suspended withdrawal, deposit, transaction function, etc. from 6 am (UTC) on 18th to prevent confusion accompanying the update. According to the e-mail sent to the user by the exchange, the update has completed in about 14 hours and is now online as ver 2.0.
Updated to KuCoin 2.0, now all transaction fee for all pairs is free.
The upgraded Kucoin 2.0 mainly includes three features.
The first one is described as a new API that will make trading strategies easier and more efficient.
The second one is adding an ordering method. Kucoin 2.0 makes it possible to select ordering methods such as stop orders, limit orders, and post only.
The third is adding an efficient notification module. This allows you to access market data more quickly by having SMS push notifications on apps and Kucoin web pages.
According to the data of Coinmarketcap, Kucoin Shares (KCS) issued by Kucoin has increased by 9.3% at the time of article writing and is trading around 49 yen at the time of article writing.
Article Source: Kucoin, Coinmarketcap
Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/kucoin-enters-upgrade-to-2-0/
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