Kraken Nears Deadline for 21 Token Delistings, Warning of Potential Near-Zero Payouts
Kraken Nears Deadline for 21 Token Delistings, Warning of Potential Near-Zero Payouts
Kraken is in the final phase of its latest delisting cycle, giving holders of 21 unspecified tokens until August 27 to withdraw their assets. The exchange has issued a warning that after this deadline, remaining balances will be automatically liquidated into markets that may have severely limited or no liquidity, potentially leading to near-zero payouts for affected users.
Kraken is entering the final stage of its latest delisting cycle, giving holders of 21 tokens until August 27 at 14:00 UTC to withdraw their assets. Afterwards, the exchange begins automatically liquidating remaining balances into markets it warns may have limited or no liquidity. The scheduled delisting, first announced in May, affects assets that no