Updated Project Listed in KuCoin Plus Trading Area
KuCoin aims to create a healthy exchange ecosystem, investigating high-quality projects and making the utilization of resources to provide better service to the users. KuCoin has been closely monitoring and analyzing all the projects in the KuCoin Plus Trading Area. Based on their assessments KuCoin has made the following adjustments.
#KuCoin Update of Projects Listed in the KuCoin Plus Trading Area
— KUCOIN (@kucoincom) March 23, 2020
QTUM, ZRX, DCR, BEPRO, and ARX have been moved back into the Main Market.
The basic criteria that are required to be promoted to the KuCoin Plus Trading Area are, that the tokens should be ranked in the top 40 on the coinmarketcap.com.
The volume performance of the token will be tested within the market. Tokens with well-performing trading volumes are eligible for the promotion.
The project needs to be ranked in the top 10% for trading volume out of all projects listed on KuCoin for two months consecutively.
The tokens will be rated regularly after the initial rating. The tokens that have higher ratings from KuCoin’s review system are the only ones eligible for the promotion.
To improve the trading experience for all KuCoin users and to provide more opportunities for the projects that have performed well so far, KuCoin launched KuCoin Plus. The benefit of this new addition is that the tokens that are promoted to this area will already have completed a strict screening process done by KuCoin. Once the tokens are promoted users will have an idea that these projects are working well in the market.