How does removing crypto (delisting) from Bitvavo work?
How does removing crypto (delisting) from Bitvavo work? How does removing crypto (delisting) from Bitvavo work?

How does removing crypto (delisting) from Bitvavo work?

Summary
This article describes the process of removing crypto from Bitvavo. It covers the announcement, cessation of trading, order cancellation, and withdrawal options.

Delisting process

  1. Announcement:
    Bitvavo announces the delisting of a crypto via Twitter and the blog. This way, you always stay informed.
  2. Stopping of Deposits:
    On a specific date, deposits in the respective crypto will be unavailable.

  3. Trading halted
    On another specified date, the trading of the asset will be stopped. All open orders will be canceled if they are not executed by the specified date.
  4. Withdrawals:
    Withdrawals of the delisted crypto are possible until another specified date.
  5. Possible liquidation:
    If possible, the remaining crypto that is left on the platform will be converted to EUR at another date. The conversion rate depends on the market price during that period and cannot be guaranteed.

Frequently asked questions

What happens if I still hold the crypto after the closing date?

If it is no longer possible to withdraw the crypto, they will be liquidated if possible and credited to your account as EUR balance.

Important Points

Deposits: Deposits of delisted crypto will not be credited to the account and may be lost.
Liquidation: Unsold crypto will be liquidated if possible and credited to your account as EUR balance.

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