KuCoin to Delist UTK as Exchange Declines to Support xMoney Token Swap

Quick Breakdown

KuCoin will delist xMoney’s UTK token and not support its swap to xMONEY (XMN).
UTK deposits and trading end on October 14, 2025, with withdrawals open until January 6, 2026.
XMN/USDT trading launches on October 15, 2025, marking the full transition to the new token.

KuCoin has announced it will delist the xMoney (UTK) token and will not support its migration to the new xMONEY (XMN) token, following the project’s decision to launch a two-tier swap system for holders.

According to the official notice, the xMoney project team introduced two conversion options for users holding UTK. The first allows a 1:1 swap for XMN with a six-month lock-up period, while the second offers a 3:1 swap with no lock-up requirement. KuCoin stated that users must complete the swap process independently through the xMoney project’s official channels, as the exchange will not facilitate the conversion internally.

📢 KuCoin Will Not Support the UTK Token Swap
The xMoney (UTK) project has announced two swap options for UTK → XMN:
– 1 UTK : 1 XMN with a 6-month lock-up
– 3 UTK : 1 XMN with no lock-up
Users must complete the swap manually through the xMoney platform.
👉 Note: The deposit… pic.twitter.com/QIljpGaEHe
— KuCoin (@kucoincom) October 14, 2025

KuCoin to close UTK trading and deposits

KuCoin confirmed that it will permanently close all UTK deposit and trading services at 06:00 UTC on October 14, 2025. The exchange advised users to withdraw their tokens before January 6, 2026, at 13:00 UTC, as any unwithdrawn tokens by that date will be automatically converted to XMN at a 3 UTK to 1 XMN ratio, following receipt of the new tokens from xMoney. Deposits made after the cut-off will not be credited.

This move marks the end of UTK’s lifecycle on KuCoin, signaling a transition period for xMoney’s ecosystem as it introduces its rebranded XMN token. The exchange emphasized that this change aligns with the project’s roadmap to expand its utility framework under a new token standard.

XMN trading to begin October 15

Following the delisting, KuCoin will list the new XMN/USDT trading pair on October 15, 2025. Deposits for XMN will open at 06:00 UTC, trading will commence at 07:00 UTC, and withdrawals will begin at 08:00 UTC.

The delisting reflects KuCoin’s cautious approach to third-party token migrations, reinforcing its commitment to compliance and user transparency amid ongoing adjustments within the crypto market.

Meanwhile, KuCoin Pay, the payment division of KuCoin, recently announced a strategic partnership with Refillarena, enabling users to spend cryptocurrencies on everyday essentials such as gift cards, mobile top-ups, and eSIMs.

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