Announcement on Upgrading Some USDT-Margined Contracts on KuCoin Futures - 1229

Dear KuCoin Futures users,

To further improve the performance of the contract trading system, KuCoin Futures has scheduled to perform an upgrade on these contracts at 06:00 on December 29, 2021 (UTC), including:

BTC PERP/USDT, ETH PERP/USDT.

It is estimated that the order cancellation will be available at 06:20:00 (UTC), all trading and order matchmaking services will be available at 06:30:00 (UTC) the same day.

The upgrade will take about 30 minutes. During this period, the order-matching, order placing, take profit/stop-loss features, as well as the auto-deposit margin and other contract functions on KuCoin Futures website, APP and openAPI will be temporarily suspended.

During the upgrading, users can’t create or stop the Futures Grid trading bots in the above contracts. The running bots will not be affected.

To avoid possible risks in Futures trading, you may enable the “Auto-Deposit Margin” feature or close positions in advance.

If a large price fluctuation occurs, we will postpone the upgrade accordingly and notify you via the announcement.

We apologize for any inconvenience caused and appreciate your patience.

Risk Warning: Futures trading is a high-risk activity with the potential for huge gains and huge losses. Previous gains do not indicate future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. This information should not be regarded as investment advice from KuCoin. All trading is done at your own discretion and at your own risk. KuCoin is not liable for any losses resulting from Futures trading.

Thank you for your support!

The KuCoin Futures Team

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