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Notice regarding the tBTC token migration
Kraken will support Threshold Network's tBTC (TBTC) token migration with the following timeline:
  • March 17, 2023 at approximately 06:00 UTC: deposits and withdrawals for tBTC will be suspended
  • March 20, 2023 at approximately 13:00 UTC: deposits and withdrawals will be re-enabled
  • Spot trading will not be affected during the token migration
Please note: from March 20, 06:00 UTC all tBTC withdrawals will be done using the v2 token contract and all deposits using the V1 token contract will be lost.
Useful link: Proposal TIP-027b
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets and you should seek independent advice on your taxation position.