Exchanges· ★★· bearish·

KuCoin delists margin trading for SXT and ANIME

  • KuCoin is closing margin trading, lending, and borrowing for SXT and ANIME
  • Open orders will be canceled, positions liquidated, and loans automatically repaid
  • Margin Grid bots for these tokens will be disabled by the system
  • Withdrawals from margin accounts remain available
Why it matters: The margin delisting will hit liquidity for SXT and ANIME and force traders to close positions, potentially at a loss.
Source: Bitcoin Insider