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Important update regarding the Vaults feature

At Knaken, we are continuously looking at how we can improve our platform and prepare it for the future. Part of that growth involves making choices regarding our product range. In this context, we have recently decided to discontinue the ‘Vaults’ feature on our platform.

As you may have already noticed, it is no longer possible to open new Vaults. In this message, we would like to explain what this means for ongoing Vaults and what you can expect.

What does this mean for your active Vault? 

Are you currently using a Vault? Then nothing actually changes for you. We ensure a careful settlement of all ongoing agreements:

  • Current term: Your digital assets remain securely locked until the originally agreed end date.
  • Rewards: You continue to accrue the agreed rewards just as you are used to from us.
  • Automatic release: As soon as the term of your Vault ends, your digital assets, including the accrued rewards, will be automatically added to your Knaken wallet. You do not need to take any action for this yourself.

A step forward Saying goodbye to the Vaults feature is a considered step. Although this specific service is no longer available for new applications, we remain fully committed to providing a reliable and clear platform where you can easily manage your digital assets. By keeping our offering sharp, we can focus on the stability and quality of the services that form the core of Knaken.

Questions? We understand that you may still have questions about your personal overview or the specific end date of your Vault. Our team is, as always, ready to help you with this. Feel free to contact us via the support page on our website.

Thank you for your continued trust in Knaken.

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Disclaimer: Knaken Cryptohandel B.V. has applied for a MiCA license from the Netherlands Authority for the Financial Markets (AFM). This application is currently being assessed by the AFM.
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KNAKEN CRYPTOHANDEL B.V. © 2024

Knaken Cryptohandel B.V. has applied for a MiCA license from the Netherlands Authority for the Financial Markets (AFM). This application is currently being assessed by the AFM.

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