Kraken Delists 13 Tokens, Sets Withdrawal Deadline for January 2027

Kraken has transitioned into the withdrawal phase for 13 tokens that were delisted on October 23, 2023. Customers now have until January 29, 2027, to withdraw their assets before the exchange begins liquidating any remaining balances.

The tokens affected include BMB, ELX, APU, BDXN, DUCK, BOS, U, OBOL, IDEX, FIS, UXLINK, ALTHEA, and NOBODY. While trading and deposits for these tokens have ceased, the withdrawal period remains open until the specified date at 15:00 UTC.

Kraken has issued a warning that any balances left unwithdrawn will face liquidation, with no guaranteed recovery value. The liquidation process is scheduled to take place from February 1 to February 12, 2027. Customers are advised to ensure that their withdrawal destinations support the respective tokens and networks, as a displayed balance does not guarantee the ability to trade.

The exchange has highlighted the risks associated with thin or inactive markets, which may lead to liquidation proceeds being significantly lower than recent prices. Kraken's notice emphasizes the importance of understanding the differences between price observations and executable sales, as the latter depends on market demand at the time of execution.