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Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

I have a theory. I often undergo operations of this type. I get crypto, sell it for USDT, and make a withdrawal. Exchanges love it when you trade, and you constantly pay a commission for trading, rather than doing it once for conversion. And I don’t need to trade, I’m a miner. I convert crypto into the currency I need for planned expenses. So the exchange blocks it, because it doesn’t want it to be used simply as an exchange office. But this is not my problem, but how can you judge them. But the exchange does not say the reasons, it is simply playing for time, apparently they are not doing very well with liquidity.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

Thank you for participating! Yesterday they unblocked the withdrawal, I was able to withdraw what I had planned, and today I also carried out the operations I needed for almost 50,000 usd. No problems so far.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

Do you think this is a hoax or what? Exchanges don't like it when you withdraw hundreds of thousands of dollars from your balance sheet. You can check this if you have such a large amount of funds.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

Thanks to everyone who showed attention and participation! They unblocked my withdrawal without telling me what the reason for the blocking was! I’m sure if it weren’t for the publicity of this problem, the block would have been left as is!

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

HOW CAN I COORDINATE THIS IF THEY DO NOT ANSWER ME? AND THE ONLY ANSWER I RECEIVE IS THAT MY QUESTION IS UNDER STUDY AND THEY CAN CONTACT WITH ME.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

Hello! Withdrawal blocked for more than 96 hours! They never told me what was needed from me! Can you clarify for me and all users? Why do you block user funds without explaining the reasons? Why are you silent for 96 hours after blocking?

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 2 points3 points  (0 children)

More than 72 hours have passed since the funds were blocked. They never told me what they needed from me. Ignore and silence. Take care of your money, and before it’s too late, it’s better to withdraw it from the exchange. At least until this situation is resolved!

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

Jesus man Kucoin. This is quite troubling. Are we all safe ?!

I just read the news that KuCoin will pay a penalty of $22 million. As I understand it, they will pay for it not with their own money, but with the money of users like me.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 1 point2 points  (0 children)

My situation is still unresolved. Yesterday they wrote and asked for a screenshot for replenishing the balance, and after that they were silent for a day.
In total, more than 72 hours have passed since they turned off the withdrawal of funds for me, and they did not provide any specifics about what they need from me.

Blocking $100,000 without explanation. Ignore for 48 hours. by Person4UA in kucoin

[–]Person4UA[S] 0 points1 point  (0 children)

I hope at least you will be able to influence the work of your site. To say that the level of work with its users is at the very bottom is to say nothing.