Altcoin

Kraken delists Bitcoin SV

By Amelia Tomasicchio - 17 Apr 2019

Kraken officially announced the delisting of Bitcoin SV, or Bitcoin Satoshi Vision, the cryptocurrency resulting from the hard fork of Bitcoin Cash of a few months ago.

The announcement came yesterday following Kraken’s decision in recent days to conduct a survey on social media, asking users if they should delist Bitcoin SV.

71% said “Yes, it’s a toxic [crypto]” and for this reason, the exchange decided to remove BSV from its platform.

As you can see in the Twitter post, almost 70,000 users responded to the survey.

Should Kraken delist Bitcoin SV (BSV)? #delistbsv

— Kraken Exchange (@krakenfx) April 15, 2019

Bitcoin SV (BSV) deposits will, therefore, be disabled as of April 22nd. Trading will cease on all pairs starting on April 29th. Bitcoin SV withdrawals will last until May 31st so that users can have a chance to withdraw their funds in order not to lose their money.

Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist, and also PR manager for the Italian market at Bitget. She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.