Bitvavo Delisting of Kava, Nano and Ravencoin: What to Do Before Friday, 2 p.m.

Bitvavo is removing Kava (KAVA), Nano (XNO) and Ravencoin (RVN) from trading on Friday, September 18, 2026. If you hold any of these three cryptocurrencies on the exchange, you have exactly two options until 2:00 p.m. CEST: sell, or withdraw to an address of your own. Balances left untouched will be converted into euros automatically on Monday, September 28, 2026, or earlier, at a rate the exchange explicitly refuses to guarantee. For Nano, the second option does not exist at all: Bitvavo carries XNO as a pure trading asset with no blockchain withdrawal.

This is not a footnote for collectors of exotic tokens. Bitvavo is one of the most widely used crypto exchanges in the German-speaking market, the announcement is published in German as well as English, and all three assets still sit in plenty of older portfolios from a period when Kava traded as a DeFi hope and Ravencoin as a mining coin. If you are working out where your money belongs after this Friday, it is worth looking at a new venue before trading closes.

What exactly happens at Bitvavo on September 18, 2026?

A delisting is the removal of a cryptocurrency from an exchange's offering. The venue halts the trading pair, closes deposits and withdrawals, and liquidates whatever is left. Your balance does not disappear; it changes form. KAVA, XNO or RVN become a euro amount in the same account. We have set out what happens to your tokens in such a process in our explainer on delisting at a crypto exchange.

Bitvavo announced the move on September 8, 2026, in its own help centre, in English and in a German-language version. The text names four time stamps, three of which fall on a single afternoon. That compression is precisely why delistings go wrong so often: check on Friday evening and you find a closed market.

The delisting timetable: three deadlines in one afternoon

All times are Central European Summer Time (CEST), which is local time in Germany. Coordinated Universal Time (UTC) is given in brackets, because exchange status pages frequently work in UTC.

• Friday, September 18, 1:00 p.m. (11:00 UTC): deposits in KAVA, XNO and RVN close. From that moment you can no longer send any of these cryptocurrencies to Bitvavo.
• Friday, September 18, 2:00 p.m. (12:00 UTC): trading ends. Buying and selling are no longer possible, and the market price on Bitvavo disappears.
• Friday, September 18, 3:00 p.m. (13:00 UTC): withdrawals close, but only for KAVA and RVN. Nano has no such deadline, because it has no withdrawal route.
• Monday, September 28, or earlier: Bitvavo converts all remaining balances into euros automatically and credits the proceeds to the cash balance.

In practice: the last deadline genuinely in your hands is Friday afternoon. The withdrawal windows fall in the middle of the working day, not in the evening. Anyone who sets up two-factor codes, withdrawal addresses or a new wallet at midday on Friday is working against the clock, because at many exchanges every newly registered withdrawal address goes through a security delay.

Why you cannot withdraw Nano (XNO)

A trade-only asset is a cryptocurrency an exchange makes tradable without running a blockchain connection for it. There is no deposit address and no withdrawal route; the value exists only as an entry in the exchange's own system. That is exactly how Bitvavo carries Nano. The announcement puts it as a warning: if you hold XNO, you can sell until 2:00 p.m. on September 18 or wait for the balance to be converted into euros automatically. No third option is offered.

You do not have to take the announcement on trust, because the claim can be checked. Bitvavo's public trading API reports a deposit status and a withdrawal status for every listed asset. At around 06:40 UTC on September 16, 2026, XNO showed both depositStatus and withdrawalStatus as MAINTENANCE, while KAVA, RVN and the Bitcoin control all reported OK. The withdrawal route for Nano is genuinely shut, and was shut before the deadline. All three euro pairs were still marked trading at the same moment.

For you as a holder that is an uncomfortable narrowing. With KAVA and RVN you can decide whether to accept the current price or keep the cryptocurrency and hold it elsewhere. With XNO you decide only when to sell, no longer whether.

Moving Kava and Ravencoin to an external wallet

For KAVA and RVN the withdrawal route stays open until 3:00 p.m. on Friday. Two things are worth settling first. The destination address comes first: KAVA runs on its own Cosmos-based chain, RVN on a separate Bitcoin-style blockchain. An address from a different network means total loss, and nobody can reverse that mistake for you. The network fee comes second: Bitvavo quotes it in the cryptocurrency itself, not in euros.

On September 16, 2026, those fees stood at 5.6 KAVA and 170 RVN, taken from the exchange's public asset endpoint. At the prices of that same moment, that works out at roughly 0.32 euros for Kava and roughly 0.31 euros for Ravencoin. In absolute terms that is very little. Measured against a small residual holding it is a great deal: hold 100 KAVA and you pay 5.6 percent of your position for the transfer alone. Hold 500 RVN and 34 percent goes to the fee, and below 170 RVN you cannot get out at all. For very small balances, selling is therefore often the cleaner solution.

If you want to keep the cryptocurrencies, you need custody you control yourself. Which devices support which networks, and what matters during setup, is covered in our hardware wallet comparison. Check before you withdraw whether your device carries the chain at all; otherwise you will have rescued the tokens but lost access to them.

What is the automatic EUR conversion on September 28?

The automatic euro conversion is the sale of your remaining holdings by the exchange itself once trading has closed. Bitvavo carries it out on Monday, September 28, 2026, or earlier, and credits the proceeds directly to your cash balance. You do not have to click anything, and you cannot opt out.

The decisive sentence of the announcement sits in the section on the conversion: Bitvavo says it will carry out the sale with care, but can guarantee neither a particular exchange rate nor a particular spread. That is not legal boilerplate; it is an honest description of a problem. Once trading stops, there is no running market for these three assets on Bitvavo. The sale has to happen elsewhere, on terms that apply ten days later and that nobody knows today.

Spread and liquidity: why a forced sale can get expensive

The spread is the gap between the highest bid and the lowest offer in the order book. It is the price of being able to trade immediately, and it widens when little is traded. That makes the numbers still measurable today worth a look. At around 06:40 UTC on September 16, 2026, Bitvavo's public 24-hour statistics gave the following picture:

• Nano (XNO): bid 0.23969 euros, offer 0.25208 euros. That is a gap of roughly 5.0 percent. Turnover over 24 hours: about 22,500 euros.
• Kava (KAVA): bid 0.057028 euros, offer 0.057377 euros, so roughly 0.6 percent. Turnover over 24 hours: about 4,400 euros.
• Ravencoin (RVN): bid 0.001806 euros, offer 0.001811 euros, roughly 0.3 percent. Turnover over 24 hours: about 37,200 euros.

Two things stand out. Nano, the asset with no escape route, carries by far the widest spread. A gap of five percent means an immediate market sale costs a noticeable share of the displayed value before anyone has even discussed the price. The Kava market on Bitvavo is also thin, with daily turnover in the low four-figure euro range. In a thin market even a mid-sized sell order moves the price, and on September 28 the exchange sells the holdings of every affected customer at once.

The practical conclusion is plain. If you intend to sell anyway, sell yourself and on your own terms rather than waiting for the exchange to settle it. You see the price, you choose the moment, and you can set a floor with a limit order instead of selling into the next available bid. A limit is no free lunch, mind you: an order that goes unfilled also ends up in the forced conversion. So do not set the threshold too ambitiously, and check it once more on Friday morning.

Why Bitvavo is dropping Kava, Nano and Ravencoin

Bitvavo gives no coin-specific reasons in the announcement, but a general review checklist: trading volume and market liquidity, the security and stability of the network or contract, the activity of the project team, the interest of its own customer base, and any evidence of unethical conduct or negligence. The exchange adds explicitly that a delisting in many cases reflects fading activity or changed market conditions rather than misconduct.

That restraint deserves to be taken seriously, and we adopt it. No verdict on a project can be derived from a delisting, and certainly no accusation against the people involved. What can be said is the turnover data above: a market that moves a little over 4,000 euros in 24 hours eventually stops justifying the operating cost of a regulated exchange.

The context still matters to you, because it answers the question of what comes next. A delisting on one exchange is not the end of a cryptocurrency. KAVA and RVN remain listed on other venues, and their networks keep running regardless. Only your access through this particular provider ends.

The Ravencoin background: consensus flaw and a wave of delistings

With Ravencoin there is a connection you should know about, even though Bitvavo does not draw it itself. A consensus flaw is a software bug that leaves the nodes of a network no longer in agreement about which blocks are valid. That is exactly what hit Ravencoin from August 7, 2026. According to crypto.news, an unvalidated field in the KAWPOW block header was exploited, invalid blocks were accepted from block 4,487,776 onwards, and the network split. Mining pools built a cleaned chain and published an emergency patch with a checkpoint below the affected block.

Several exchanges subsequently suspended deposits and withdrawals for RVN, and the South Korean venues Upbit and Bithumb issued delisting warnings. Bitvavo is thus the first larger European exchange to drop RVN in this environment. Whether the consensus flaw caused the decision, Bitvavo does not say, and we do not claim it. The sequence of events is documented; the reasoning remains open.

This sequence is not an isolated case. We have been tracking it for weeks, most recently at the Bybit delisting of VIC and L3, where two separate deadlines applied to trading and withdrawals as well. The pattern repeats reliably enough to make a quarterly review of your own residual holdings worthwhile.

Tax in Germany: the forced conversion counts as a sale

This point is routinely overlooked at delistings. For the tax office, the automatic euro conversion on September 28 is not a technical process but a disposal. Cryptocurrencies count as other economic assets in Germany, and their sale falls under private disposal transactions under section 23 of the Income Tax Act. Whether you press the sell button yourself or the exchange does it for you makes no difference.

Two questions follow, and both are worth settling before Friday. The first is the holding period: if more than a year lies between acquisition and sale, the gain is tax-free. Below that, it counts towards other income, and an exemption limit of 1,000 euros applies to the sum of all private disposal transactions in a year. An exemption limit is not an allowance: exceed it and the entire amount becomes taxable, not just the excess.

The second is timing. If your holdings have been sitting there for years, the question is settled. If you bought more during the current year, the date of sale determines which tax year the transaction falls into, and in a forced conversion the exchange fixes that date. Trigger the sale yourself and you keep control of it. With losses the opposite applies, and that too is good news: a loss realised within the one-year window can be offset against gains from other private disposal transactions. A token merely sitting worthless in your portfolio does nothing of the sort.

For that calculation to be possible at all, you need a complete record of your acquisition data. Tools that read German exchange exports and assign holding periods automatically take that work off your hands. Export your Bitvavo history before September 18, while the trading pairs are still active: after the delisting your old purchase entries remain in the account statement, but the convenient filters by trading pair will come up empty.

When your portfolio briefly shows 0 euros

Bitvavo itself warns in the announcement about a display effect that looks like a bug if it catches you unprepared. Once trading stops there is no running market price, so the estimated euro value of the affected holdings can temporarily show as 0. The value updates as soon as the automatic sale has settled and the euro amount has been credited.

So if you open the app on Friday evening or over the weekend and see a zero, that is to be expected. Before you contact support, check the transaction overview: as long as no sale entry appears there, the conversion simply has not been executed yet. What you should not do in this phase is panic and unwind further positions.

Delisting checklist for Friday, September 18

Work through this list on Thursday evening rather than at midday on Friday.

• Check your holdings. Look in your Bitvavo portfolio for KAVA, XNO or RVN, including small remnants from old purchases or promotional credits.
• Make the decision. Sell or withdraw? With XNO the decision disappears. With very small KAVA and RVN balances the network fee eats the transfer.
• Prepare the destination address. Set up the wallet, generate the address, double-check the network, and send a small test withdrawal first if the sum justifies it.
• Secure your tax data. Export the transaction history while the pairs are still tradable.
• Set a reminder. An alert for Friday at 12:00 gives you two hours of headroom before trading closes.

Checking the Bitvavo delisting: what to take away

1. Act before 2:00 p.m. CEST on Friday. That is the last deadline at which you can still see the price. After that the exchange's settlement decides. If you intend to switch provider anyway, compare the best crypto exchanges at your leisure first and open the new account before trading closes.
2. Keep what you want to keep, yourself. KAVA and RVN can be withdrawn until 3:00 p.m. If a hardware device feels like too much trouble, our software wallet comparison lists the applications that carry both chains.
3. Settle the tax question before the exchange answers it for you. The forced conversion on September 28 is a disposal. Export your history and check the holding periods with one of the crypto tax tools.

(As of September 16, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)