KuCoin to Remove xMoney Token from Platform, Introducing New XMN Token

Crypto exchange KuCoin has announced the removal of the xMoney (UTK) token and will not support its migration to the new xMONEY (XMN) token. This decision follows the project’s introduction of a two-tier swap system for holders seeking to transition their UTK holdings. ),

KuCoin outlined that users can choose between a 1:1 swap with a six-month lock-up or a 3:1 swap without any lock-up period. The exchange will not facilitate the conversion process and users must complete it independently through the xMoney platform.