We will delist FIS and ELX
We will delist FIS and ELX on Friday December 12th, 14:00 CET. Below you will find all details and our timeline.
Delisting timeline
- Deposits are closing on Friday December 12th, 13:00 CET
- Buying and selling stops on Friday December 12th, 14:00 CET
- Withdrawals are closing on Friday December 12th, 15:00 CET
- On Thursday December 18th or earlier, we will automatically convert your assets to EUR
After the market is halted, your balance expressed in EUR may temporarily display as 0. Please note that it can take some time for the euro balance to appear in your account once we complete the sale of the asset(s) on your behalf.
Transfer to an external wallet
You can withdraw your FIS and ELX to an external wallet or exchange. Step-by-step instructions are available here. If you do not act before the deadline, your balances will be converted to EUR. We will execute the sale with care, but cannot guarantee a specific conversion rate or spread.
Why do assets get delisted?
We understand that delistings can be inconvenient, especially if you hold an affected asset or recently traded it. Here is why these decisions are made.
Bitvavo periodically reviews all assets listed on our platform to ensure they meet the high standards we aim to offer all users. Delisting is never taken lightly and is guided by a structured evaluation. Key factors we assess include:
- Trading volume and market liquidity
- Network or contract security and stability
- Dedication and activity of the project team or developers
- User interest and engagement on our platform
- Evidence of unethical behaviour or negligence
In many cases, a delisting reflects reduced activity, development stagnation, or changing market conditionsānot wrongdoing. Our responsibility is to provide a stable and compliant trading environment for everyone, and sometimes that means discontinuing support for assets that no longer meet our requirements.
Learn more about how delistings work in this article.
This article is for information only and does not constitute a marketing communication or recommendation. Nothing herein is investment advice or a substitute for it. Bitvavo makes no guarantees regarding the accuracy or completeness of the information provided. Investing involves risks. You may lose all of your invested capital.