The scheduled delisting of six crypto assets is part of Coinbase's commitment to maintaining high-quality standards for the assets available on its platform.Īfter conducting several reviews, Coinbase has explained that the aforementioned cryptocurrencies do not meet the platform's standards.įollowing the announcement, the prices of the crypto assets that are set to be delisted from Coinbase next month experienced a decline.īOND recorded a 5.1% drop, DDX's value fell by 24%, JUP's price dipped by 16%, OOKI sank by 0.5%, VGK dropped by 6%, and MULTI's value plunged to 0.7%, according to the latest data from CoinMarketCap. If you have any questions regarding this update, please visit: - Coinbase Assets □️ August 23, 2023 ![]() ![]() Trading will be suspended on (Simple and Advanced Trade), Coinbase Pro, Coinbase Exchange, and Coinbase Prime. 6, 2023, around 9 AM PT," Coinbase said in an announcement via X, before adding, "Trading will be suspended on (Simple and Advanced Trade), Coinbase Pro, Coinbase Exchange, and Coinbase Prime." Based on recent reviews, we will suspend trading for BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), & Voyager (VGX) on Sept. "We regularly monitor the assets on our exchange to ensure they meet our listing standards. During this time, the "trading function" of these assets will be unavailable on the Simple and Advanced Trade features on, Coinbase Pro, Coinbase Exchange and Coinbase Prime.Īccording to Coinbase, this decision stems from its routine monitoring of assets, encompassing an assessment and subsequent review process to ensure adherence to the platform's listing standards. These assets are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX).īeing one of the world's largest crypto exchanges in terms of trading volume, Coinbase said that the suspension of these crypto assets on its platform is scheduled for Sept. In an announcement this week, Coinbase disclosed that its recent evaluations have led to the conclusion that the trading of six crypto assets on its platform will be suspended. The company has informed traders that it intends to delist six crypto assets, including MULTI, the token governing the cross-chain router protocol Multichain, starting from next month. ![]() Securities and Exchange Commission (SEC). Coinbase, a publicly traded American company operating a cryptocurrency exchange (CEX) platform, is currently engaged in a legal battle against the U.S.
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