Based in Singapore, the KuCoin cryptocurrency exchange will go into maintenance on Monday, February 18, in connection with the upcoming upgrade of its trading platform to version 2.0.

According to the message on the website of the exchange, the update will start from 08:00 local time (UTC + 8) and is expected to last about 14 hours.

24hr Notice: KuCoin Platform 2.0 Upgrade Scheduled for 08:00 AM (UTC + 8) 18 Feb 19

KuCoin will be a system upgrade for Platform 2.0. The upgrade process is expected to last around 14 hours.

Read more about this news on: https://t.co/faoTSWesPL pic.twitter.com/zh2EuyCbMo

– KuCoin Updates (@KuCoinUpdates) February 17, 2019

During technical work, users will not have access to the platform. All pending orders will be saved until the resumption of work, while after the update is completed, users will be given 30 minutes to cancel previously placed orders. As the exchange says, such an opportunity will be presented for the purpose of possible losses due to price fluctuations in the market.

About the upcoming launch of platform version 2.0 in the first quarter of 2019, KuCoin reported in November last year at the same time receiving $ 20 million in investments.

The updated version of the site will support more types of orders, as well as offer "more efficient, stable and completely new APIs for trading and other new services."

Recall that earlier the exchange KuCoin added the possibility of buying cryptocurrency using credit cards.

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