PSA: For the time being DO NOT withdraw Ethereum from BlockFi, Nexo, or any other services that use smart contracts to Kucoin
Just trying to get the word out, I hate seeing that this is continuing to happen to people. Since London Hard Fork Kucoin has not been able to process transactions sent using Smart Contracts. FOR THE TIME BEING IF YOU SEND ETHEREUM FROM BLOCKFI, NEXO, OR ANY SERVICE THAT USES SMART CONTRACTS TO KUCOIN YOUR CRYPTO WILL BECOME INACCESSABLE. Myself and way to many other people have been burned by this and imo Kucoin is not doing enough to proactively notify users and just letting it happen over and over again. To my knowledge Kucoin support has not responded to anyone experiencing this issue. For almost two weeks their reddit mod has been saying "we're developing a service to help recover some of these cryptocurrencies, which should roll out relatively soon"
See more info at https://www.reddit.com/r/kucoin/comments/p3d00r/psa_do_not_deposit_eth_into_kucoin_unless_you_are/
submitted by /u/No1noses
[link] [comments]