KuCoin Adds Support for E Money Network (EMYC)

Dear Users,

KuCoin will support the E Money Network (EMYC) trading.

1. KuCoin had taken snapshots of the users’ SCLP assets at 12:00:00 on November 22, 2024 (UTC).  We will convert the SCLP to EMYC at a ratio of 1:1 (1 SCLP = 1 EMYC).

2. KuCoin will airdrop the EMYC tokens for users in 7 batches in 7 months following the vesting schedule by the project team,  with 14.67% emission for 5 months after the 1st batches and 14.65% for the 7th month.  KuCoin will complete the 1st batch of 12% of EMYC distribution on Jan 23, 2025. 

3. KuCoin will open the EMYC deposit and withdrawal services at 08:00:00 on Jan 23, 2025 (UTC).

4. KuCoin will open the trading service for the EMYC/USDT trading pair at 14:00:00 on Jan 23, 2025 (UTC).

Please note:

1. KuCoin no longer supports deposits and withdrawals for the old SCLP tokens. Please DO NOT deposit old SCLP tokens to KuCoin. 

2. For further information on the token swap, please refer to:

Official Announcement

Related follow-ups to this subject will be announced separately as soon as possible.

Thank you for your support!

The KuCoin Team

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