In a major relief for the customers impacted by the Voyager bankruptcy, crypto exchange Gemini has announced the enabling of withdrawals. The crypto transfer window will end on July 23, 2023.

In a recent blog post, Gemini confirmed allowing withdrawals for victims of the Voyager bankruptcy case while simultaneously offering a promotional welcome to all Voyager customers who join the crypto exchange.

The exchange plans to offer $5 in BTC to new US customers from the bankrupt crypto lender after they sign up and become verified within 30 days of opening their account.

Claiming Voyager funds through Gemini

Voyager customers can create an account on Gemini to receive their cryptocurrencies. Customers holding tokens that are not supported by Gemini cannot be sent to the exchange, it said in a statement. Gemini urged them to carefully confirm sending only supported tokens to the platform, as any unsupported tokens sent to the Gemini account may be lost and completely unrecoverable.

Similarly, sending tokens to Gemini over an unsupported network will also result in a complete loss of funds. Furthermore, if users fail to withdraw their tokens from the Voyager platform during the stipulated withdrawal period, the funds will be liquidated and distributed in cash to them.

“Through July 23, 2023, Voyager customers impacted by the Voyager bankruptcy can create a Gemini account to withdraw their crypto in-kind, pursuant to the claims distribution process.”

The development comes a few weeks after the bankrupt crypto broker was reported to be gearing up to reopen its app to enable the withdrawal of customer funds. The approved bankruptcy plan states that Voyager customers will initially receive 35.72% of what they are owed.

Regulatory Hurdles

Voyager had previously failed to negotiate two deals after sliding to bankr