Kraken Initiates Withdrawal Period for 13 Delisted Tokens

According to NewsBTC, Kraken has moved forward from its October token delistings into a withdrawal phase. Trading and deposits for thirteen assets were scheduled to end on October 23. Customers now have an extended period during which they can withdraw any remaining balances of these tokens before the exchange initiates liquidation of unmatched amounts.

The withdrawal window follows Kraken’s earlier announcement that listed trading and deposit functionality for the thirteen tokens would cease on October 23. While users can still remove their holdings within this period, balances left behind after the withdrawal deadline will be subject to liquidation by the exchange according to its standard procedures.