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Kyber KNC token migration
Kraken will be supporting the KNC token migration on June 21, 2021 at 15:30 UTC.If you hold KNC on Kraken, it will be automatically converted to the new KNC at no cost.Key points to note:
  • KNC can continue to be deposited to Kraken until June 21, 2021 15:30 UTC.
  • Deposits and withdrawals will be disabled for 48 hours, beginning June 21, 2021 at 15:30 UTC. 
  • All clients’ KNC will be automatically converted to the new KNC version.
  • Deposits and withdrawals will be reactivated for the new KNC version on June 23, 2021 at 15:30 UTC.
  • Trading of KNC will continue during this time.
  • The new KNC token will retain the KNC ticker.
  • Deposits of KNC Legacy after June 23, 2021 at 15:30 UTC will be lost.
  • If you do not want your KNC automatically converted, you can withdraw your KNC from Kraken before June 21, 2021 at 15:30 UTC; this will become KNC Legacy (KNCL). Kraken will not support KNCL deposits or trading after June 21, 2021 15:30 UTC.
 
Updates will be posted on the status page as these phases progress.
Please review the KNC Migration Guide from the Kyber Network team.