Kraken to Delist 43 Trading Pairs on November 12 — What Traders Need to Know

Kraken will delist 43 trading pairs on November 12, 2026, and the clock is already running: margin positions in the affected pairs were force-closed on November 6, and all open orders will be cancelled on the same day the pairs disappear. If you trade any of the 27 affected assets against Bitcoin or Ethereum on Kraken, this is the week to act.

The notice, published on Kraken's own support pages, is a routine clean-up with real consequences for anyone holding orders in the affected pairs. Kraken says it continuously reviews supported assets and trading pairs to make sure volumes and liquidity are enough to keep markets healthy — and where pairs fall short, it steps in. This time, the axe falls on some of the oldest names in crypto.

Which pairs are going

The delisting covers 43 pairs across 27 assets. The full list from Kraken's notice:

• BAL — BAL/BTC
• BAT — BAT/ETH, BAT/BTC
• CRV — CRV/BTC
• DASH — DASH/BTC
• ENJ — ENJ/BTC, ENJ/GBP, ENJ/JPY
• EOS — EOS/BTC, EOS/ETH
• EWT — EWT/BTC, EWT/GBP
• FLOW — FLOW/BTC, FLOW/ETH
• GHST — GHST/BTC
• ICX — ICX/BTC, ICX/ETH
• KAVA — KAVA/BTC, KAVA/ETH
• KEEP — KEEP/BTC
• KNC — KNC/ETH
• KSM — KSM/BTC, KSM/DOT, KSM/ETH
• LPT — LPT/BTC, LPT/GBP
• NANO — NANO/BTC, NANO/ETH
• NYM — NYM/BTC
• OCEAN — OCEAN/BTC, OCEAN/GBP
• OMG — OMG/BTC, OMG/ETH, OMG/JPY
• QTUM — QTUM/BTC, QTUM/ETH
• RARI — RARI/BTC
• REPV2 — REPV2/BTC, REPV2/ETH
• SNX — SNX/ETH
• SRM — SRM/BTC
• STORJ — STORJ/BTC
• XTZ — XTZ/BTC

The pattern is clear: almost every pair being removed is priced against Bitcoin or Ethereum, not against dollars or stablecoins. These are the legacy altcoin pairs from earlier market cycles — tokens like EOS, DASH, BAT and QTUM that once traded heavily against BTC but now see most of their volume in dollar and stablecoin pairs. Kraken is pruning the pairs nobody uses, not the assets themselves: the notice lists pairs, and Kraken has not said it is removing any of these assets entirely.

The four dates that matter

Kraken laid out a precise wind-down schedule, all times 14:00 UTC:

• November 4 — Margin pairs for the affected assets were set to reduce-only mode. No new leveraged positions could be opened.
• November 6 — Any remaining open margin positions in the impacted pairs were force-closed.
• November 11 — All impacted trading pairs switch to cancel-only mode. You can cancel orders, but you cannot place new ones.
• November 12 — Kraken force-closes all open orders, and once that is complete, delists all 43 pairs.

Two of those four dates have already passed by the time you read this. If you still have open orders sitting in any of these pairs, November 11 is your last chance to cancel them yourself — after that, Kraken cancels them for you. Four of the pairs — DASH/BTC, EOS/BTC, OMG/BTC and XTZ/BTC — also had margin enabled, which is why the margin wind-down started first.

Why exchanges delist pairs

Delistings sound dramatic, but they are housekeeping. An exchange lists hundreds of pairs; each one needs enough trading volume and liquidity to produce a fair price. When a pair goes quiet, the order book thins out, spreads widen, and a single market order can move the price far more than it should. That is bad for traders and bad for the exchange, so the pair gets cut.

The same clean-up is happening across the industry right now. Binance removed 12 BTC-quoted pairs on October 30, and Kraken listed Kor Protocol (KOR) as recently as November 4 — exchanges add and remove pairs constantly as volume shifts. What makes this Kraken move stand out is the scale: 43 pairs in one sweep, and a two-week staged wind-down that gives traders time to adjust.

For the affected tokens, the practical effect is limited. Most of their trading already happens against USDT, USDC or dollars, so losing a BTC pair changes little for a typical holder. But anyone running an old BTC-denominated strategy — or holding a forgotten limit order from 2021 — needs to check the list above.

What to do before November 12

If you trade on Kraken, here is the short checklist:

• Check your open orders in any of the 43 pairs and cancel the ones you no longer want before November 11, when pairs go cancel-only.
• Close or move BTC- and ETH-denominated positions in the affected tokens if your strategy depends on those pairs — the pairs will not exist after November 12.
• Do not panic-sell the asset itself. A pair delisting is not an asset delisting. Check whether the token still trades against USD or USDT on Kraken before assuming you must exit.
• Watch the withdrawal window. Kraken has separately set withdrawal cut-offs for other delisted assets in December and January, so always read the notice that applies to your specific asset rather than assuming one deadline covers everything.

The bigger picture

Kraken's sweep is a reminder that crypto markets never stand still. Pairs that were the centre of the market in 2018 or 2021 quietly fade as traders move to dollar and stablecoin pairs, and exchanges follow the volume. The same forces are reshaping market share at the top: after the $6.3 billion Binance hack in late October, Binance's share of spot volume on the top ten platforms fell to about 42%, down from around 48% before the hack, while OKX rose to roughly 14% and Coinbase to 9.6%, according to Kaiko data. Traders move, liquidity follows, and exchanges prune what is left behind.

For a deeper look at how exchange costs shape these decisions, see our guide to how crypto exchange fees work, and if you want to understand the order book mechanics behind thin markets, our guide to reading an exchange order book explains what happens when liquidity dries up. The Zimbuck News page and the Zimbuck Market News group carry the latest exchange updates as they happen.

FAQ

Is Kraken delisting these 27 cryptocurrencies entirely? No — the notice covers 43 specific trading pairs, almost all of them priced against BTC or ETH. Kraken has not announced it is removing any of these assets from the exchange altogether.

What happens to my open orders in a delisted pair? Pairs go cancel-only on November 11, and on November 12 Kraken force-closes all remaining open orders before delisting the pairs.

I had a margin position in one of these pairs. What happened to it? Margin pairs went reduce-only on November 4, and any remaining open margin positions were force-closed on November 6.

Why is Kraken doing this? Kraken says the pairs no longer meet its requirements for trading volume and liquidity to maintain healthy markets. Low-volume pairs produce wide spreads and unreliable prices.

Does this affect my Kraken account or other pairs? No. Only the 43 listed pairs are affected. Your account, your balances and your other trading pairs are unchanged.

Kraken's message is simple: check your orders, move what needs moving, and do it before November 12. The full official notice is on Kraken's support site. For the latest exchange news and discussion, join the conversation on Zimbuck — the finance social platform for traders and investors.

This article is market news and general information only, not financial advice.