Bitvavos delisting of KAVA, XNO and RVN reaches its final balance-conversion stage on September 28.
Users who left any of the three assets on Bitvavo after the September 18 trading and withdrawal cutoffs no longer control the execution.
Bitvavo says remaining balances will be:
automatically converted to EUR on or before September 28, 2026.
Delisting timeline
Bitvavos official timeline was:
September 18, 13:00 CEST
Deposits closed.
September 18, 14:00 CEST
Buying and selling ended.
September 18, 15:00 CEST
Withdrawals closed.
September 28 or earlier
Remaining balances automatically converted to EUR.
The September 28 stage is therefore the final settlement step, not the day trading first stops.
KAVA and RVN had a withdrawal route
Before the September 18 cutoff, users could withdraw:
- KAVA;
- RVN;
to compatible external wallets/exchanges.
Users who did so retained control over the original asset.
Users who left balances behind accepted the platforms residual conversion process.
XNO was trade-only
Nano (XNO) was different.
Bitvavo describes XNO as a trade-only asset, meaning withdrawals were not supported.
That left XNO users with fewer exit choices:
- sell before trading ended;
- otherwise receive the automatic EUR conversion.
This distinction makes the forced-conversion mechanism materially more important for XNO than for an asset that could still be self-custodied before the deadline.
Conversion price is not specified in advance
Bitvavo does not promise a fixed EUR conversion rate in the delisting notice.
The platform sells the asset on the users behalf and later credits the EUR proceeds.
WikiBit therefore does not state a guaranteed price.
The relevant risks include:
- market price at execution;
- spread;
- liquidity;
- execution timing;
- temporary accounting display.
Temporary zero EUR balance
Bitvavo warns that after markets are halted, the accounts EUR-displayed value can temporarily show:
0
while the sale/conversion is still being processed.
The EUR balance may appear only after Bitvavo completes the sale.
A temporary zero display during the stated processing period is therefore not, by itself, proof of a missing balance.
Why forced conversion can differ from a normal sale
Before delisting, a user could choose:
- time;
- price;
- order type.
Automatic conversion removes those choices.
The user receives the platforms resulting EUR amount after execution.
Project boundary
Bitvavos action does not mean:
- Kava blockchain is shutting down;
- Nano network is shutting down;
- Ravencoin is shutting down.
It is an exchange-support decision.
Why three assets can share one delisting notice
Exchanges often review assets together under listing standards covering:
- liquidity;
- maintenance burden;
- compliance;
- operational support;
- market quality.
Bitvavos announcement states the delisting but does not provide a separate security or solvency finding for each asset.
WikiBit therefore avoids assigning a project-specific failure cause unless the exchange states one.
User records
Users affected by automatic conversion should retain:
- pre-conversion asset balance;
- EUR credit;
- transaction/conversion history;
- applicable fee/execution record.
This can matter for accounting or tax purposes.
Evidence Status
Confirmed / Official Bitvavo
- KAVA/XNO/RVN delisted.
- Deposits ended Sep. 18 at 13:00 CEST.
- Trading ended Sep. 18 at 14:00 CEST.
- Withdrawals ended Sep. 18 at 15:00 CEST.
- Residual balances converted to EUR on or before Sep. 28.
- KAVA/RVN could be withdrawn before the deadline.
- XNO was trade-only and did not support withdrawals.
- EUR display can temporarily show zero while processing.
Developing
- Exact execution time.
- Conversion price for each asset.
- Time until EUR credits appear in every account.
- User-specific support issues.
Risk Assessment
Medium forced-conversion / execution risk.
Custody access has already ended, but this is an announced orderly delisting rather than a platform-wide solvency or security incident.
What to Watch Next
Conversion completion, execution prices, EUR-credit delays and any support issues involving residual balances.
FAQ
What happens to KAVA, XNO and RVN left on Bitvavo？
They are automatically converted to EUR on or before September 28.
Can users still withdraw the tokens？
The published withdrawal deadline was September 18 at 15:00 CEST.
Why was XNO different？
Bitvavo treated XNO as trade-only, so external withdrawals were not supported.
Is the EUR conversion rate fixed？
The delisting notice does not state a fixed rate.
Why might the account temporarily show zero EUR value？
Bitvavo says the EUR balance can take time to appear while it completes the sale.
Are Kava, Nano or Ravencoin shutting down？
No. This is a Bitvavo support decision.