KuCoin is preparing to airdrop Bitcoin and $10 million worth of KuCoin (KCS) tokens, according to a letter posted by CEO Johnny Lyu.inthe exchange blogged on March 27. The news comes a day after the US Department of Justice announced charges against the exchange and two of its founders.
Lyu has not addressed the federal charges, although hewill sayDespite those allegations in the first sentence of the letter:
“I would like to express my gratitude to all KuCoin users for your support, trust, and friendship over the past few days.”
“Recently on March 26 and 27, some users experienced longer than expected wait times during the withdrawal process. […] To express our deep appreciation for your support and patience, KuCoin will be launching a special Airdrop giveaway worth a total of $10 million in KCS and BTC”
Airdrop rules will be revealed within three days. The latest withdrawal delay may be due to high trading volume. Because customers are worried from the news of being sued. Exchanges may therefore airdrop users who remain loyal to the exchange during times of crisis.
refer : cointelegraph.com
picture coiningape.com
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