Crypto.com Will Delist Wrapped Bitcoin (WBTC) on January 31st

The deadline for converting or withdrawing these assets is March 31st. After this date, any remaining holdings may not be accessible through the exchange.

Crypto.com, a renowned cryptocurrency exchange, has announced the upcoming delisting of Wrapped Bitcoin (WBTC) on January 31st. This move aims to streamline the exchange's token offering and enhance its overall efficiency. However, traders are advised to take immediate action regarding their WBTC holdings.

According to the announcement, any WBTC that remains unconverted or withdrawn by March 31st may no longer be accessible through the Crypto.com exchange. This deadline provides traders with a two-month window to convert their WBTC holdings into another cryptocurrency or withdraw them to an external wallet.

To facilitate a smooth transition, Crypto.com has outlined the following steps for traders:

Traders can convert their WBTC holdings into any other cryptocurrency listed on the Crypto.com exchange. This option allows traders to maintain their funds within the exchange and continue trading other cryptocurrencies.

Alternatively, traders can choose to withdraw their WBTC holdings to an external wallet that supports ERC-20 tokens. This option enables traders to maintain full control over their WBTC and use it for other purposes outside the Crypto.com exchange.

It's important to note that after the March 31st deadline, any unconverted or withdrawn WBTC may be inaccessible through the Crypto.com exchange. Therefore, traders are strongly advised to take the necessary actions before this date to avoid any potential loss of funds.