Why can’t I log in to Kucoin Network (why can’t I withdraw Kucoin)

Why can’t KuCoin log in? According to KuCoin’s message, some users have experienced account theft incidents recently due to the system being unable to log in. The Kucoin Exchange stated that due to the need for the system to reconfigure passwords and set up security mechanisms to avoid issues such as account loss or damage to user assets, no management operations were carried out on the platform, and user funds are secure. But for some users of older versions, why can’t Kucoin Network log in to ensure security The Kucoin digital currency trading platform provides one-stop services such as coins, fiat currency, contracts, mining pools, and loans to 5 million users from 207 countries

Why KuCoin cannot be withdrawn

The official announcement of the KuCoin exchange is that due to the current inability to withdraw modern coins from KuCoin to other platforms or wallets, in order to avoid assets being frozen and withdrawn due to problems encountered by users during the withdrawal process of KuCoin.

. Two solutions have been launched for Kucoin:

1. Solve the withdrawal problem of unmanaged wallets

2. Provide wallet access for specific scenarios, such as supporting Stablecoin deposit businesses such as USDT and BTC 3. Cross chain bridging through smart contracts

4. Allow users to store Cryptocurrency in an independent data structure 5. Multiple blockchain accounts can be created and new accounts can be added for different transaction pairs

6. Liquidity mining is achieved through the use of automatic Market maker.