Kraken Halts Trading of 13 Tokens, Sets 2027 Withdrawal Deadline

Kraken Delists 13 Tokens, Sets Long Withdrawal Window

Kraken concluded trading and deposit acceptance for 13 digital assets on October 23rd, initiating a withdrawal period for affected users. The exchange has set a final withdrawal deadline of January 29, 2027, at 15:00 UTC. Any balances remaining on the exchange after that date will be subject to liquidation.

The delisted tokens are BMB, ELX, APU, BDXN, DUCK, BOS, U, OBOL, IDEX, FIS, UXLINK, ALTHEA, and NOBODY. Kraken’s notice emphasizes the distinction between the trading cutoff and the withdrawal deadline, clarifying that simply holding a balance does not guarantee continued trading access.

Kraken warns users that liquidation proceeds may be significantly lower than recent quoted prices due to potentially thin or inactive markets, potentially resulting in negligible or zero recovery value. The exchange explicitly states it does not guarantee a minimum sale price or a specific percentage recovery upon liquidation. This reflects the difference between a displayed price and an actual executable trade, particularly for illiquid assets.

The exchange highlights the importance of users withdrawing tokens to wallets where they maintain control of the private keys. This shift in custody changes the responsibilities associated with the assets. The current situation presents a clear timeline: trading has ended, withdrawals are open until 2027, and the final liquidation price remains undetermined.

Source: NewsBTC