The team at Kucoin.com have recognised the impact of the Confido (CFD) issues for traders of the coin, so have decided to tap into the emergency fund they have in place to protect users from problems such as this.

This makes Kucoin effectively makes Kucoin a "non-profit organization, for now." in their own words, but I'm sure the community and users of the platform will be greatly appreciative of the security the exchange is providing.

Read the full announcement here

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