11-19-2021, 11:20 AM
Kraken are now delisting XMR (Monero) from their site on the 26th for the UK
<!-- SC_OFF --><div class="md"><p>I'm a fan of privacy coins, big fan of Monero both for the anonymity, fast transactions and low fees. It is dumb and ridiculous Kraken are taking it down from their site due to "UK regulations"</p> <p>Full email from Kraken:</p> <blockquote> <p>Hello,</p> <p>We are reaching out regarding an update to trading and funding of Monero (XMR) on Kraken. </p> <p>In compliance with UK regulations, Kraken (Payward Ltd) will no longer be supporting Monero (XMR) on its platform. </p> <p>Trading </p> <p>On the 26th of November, all Monero (XMR) trading on Kraken will cease in the UK. This includes Instant Buy/Sell Services as well as order book trading on XMR/BTC, XMR/USD, and XMR/EUR.</p> <p>Funding</p> <p>Any deposits of Monero (XMR) in the UK will no longer be credited after 26th of November. Thereafter, Monero (XMR) balances can be withdrawn to a personal wallet or to an alternative exchange.</p> <p>Margin</p> <p>On the 23rd of November, 2021, your Monero (XMR) margin positions will be set to reduce only. This means that you will not be able to increase or open new Monero (XMR) margin positions. You will only be able to reduce open Monero (XMR) margin positions.</p> <p>We kindly ask that you close any open margin positions involving Monero (XMR) by the 26th of November, 2021. On 26th of November, all open margin positions will be force liquidated and any open orders will be cancelled. </p> <p>We appreciate your understanding and we apologise for any inconvenience caused. Should you have any questions, please do not hesitate to contact our support team.</p> <p>Best regards,</p> <p>The Kraken Team</p> </blockquote> <p>Edit: wallets to use are GUI wallet + trezor optional, exodus and cake wallet</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/tryM3B1tch"> /u/tryM3B1tch </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qwww81/kraken_are_now_delisting_xmr_monero_from_their/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qwww81/kraken_are_now_delisting_xmr_monero_from_their/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I'm a fan of privacy coins, big fan of Monero both for the anonymity, fast transactions and low fees. It is dumb and ridiculous Kraken are taking it down from their site due to "UK regulations"</p> <p>Full email from Kraken:</p> <blockquote> <p>Hello,</p> <p>We are reaching out regarding an update to trading and funding of Monero (XMR) on Kraken. </p> <p>In compliance with UK regulations, Kraken (Payward Ltd) will no longer be supporting Monero (XMR) on its platform. </p> <p>Trading </p> <p>On the 26th of November, all Monero (XMR) trading on Kraken will cease in the UK. This includes Instant Buy/Sell Services as well as order book trading on XMR/BTC, XMR/USD, and XMR/EUR.</p> <p>Funding</p> <p>Any deposits of Monero (XMR) in the UK will no longer be credited after 26th of November. Thereafter, Monero (XMR) balances can be withdrawn to a personal wallet or to an alternative exchange.</p> <p>Margin</p> <p>On the 23rd of November, 2021, your Monero (XMR) margin positions will be set to reduce only. This means that you will not be able to increase or open new Monero (XMR) margin positions. You will only be able to reduce open Monero (XMR) margin positions.</p> <p>We kindly ask that you close any open margin positions involving Monero (XMR) by the 26th of November, 2021. On 26th of November, all open margin positions will be force liquidated and any open orders will be cancelled. </p> <p>We appreciate your understanding and we apologise for any inconvenience caused. Should you have any questions, please do not hesitate to contact our support team.</p> <p>Best regards,</p> <p>The Kraken Team</p> </blockquote> <p>Edit: wallets to use are GUI wallet + trezor optional, exodus and cake wallet</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/tryM3B1tch"> /u/tryM3B1tch </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qwww81/kraken_are_now_delisting_xmr_monero_from_their/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qwww81/kraken_are_now_delisting_xmr_monero_from_their/">[comments]</a></span>Kind Regards R