Coinbase Announces Removal of 5 Cryptocurrencies

2025-05-03 20:46
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Coinbase Announces Removal of 5 Cryptocurrencies

출처: Block Media

# Coinbase Delists Five Cryptocurrencies Following Regular Review On November 3, according to U.Today, global cryptocurrency exchange Coinbase announced its decision to delist five cryptocurrencies after a recent review. The announcement was made via a notice on the social media platform X, previously known as Twitter. Coinbase routinely monitors listed assets to ensure compliance with its listing standards. Following this recent review, the exchange will suspend trading of the following tokens: Galxe(GAL), Litentry(LIT), Mines of Dalarnia(DAR), Orion Protocol(ORN), and PARSIQ(PRQ). The suspension takes effect on May 16, 2025, at approximately 2:00 PM Eastern Standard Time. Coinbase attributed the delisting decision to the release of new versions of these tokens, which rendered the current versions non-compliant with their listing criteria. As a result, trading of GAL, LIT, DAR, ORN, and PRQ tokens will cease across all Coinbase platforms, including Simple Trade, Advanced Trade, Coinbase Exchange, and Coinbase Prime. Ahead of the delisting, order books for these tokens have been placed in limit-only mode, allowing users to set and cancel limit orders, but prohibiting market orders. # Latest Updates from Coinbase This announcement follows a similar move by Coinbase earlier this month. The exchange had previously announced it would stop trading the token MOVE on May 15, 2025, at 2:00 PM Eastern Standard Time. This suspension applies across all Coinbase platforms, including Simple Trade, Advanced Trade, Coinbase Exchange, and Coinbase Prime. In terms of newly listed assets, Coinbase recently added support for the Ethereum-based ERC-20 token Mantle (MANTLE) on its iOS and Android apps. Users can now buy, sell, convert, send, receive, and store Mantle tokens through the Coinbase app. Additionally, Worldcoin(WLD), based on the Optimism network, is now accessible through the same platform. Coinbase has also expanded offerings on its international exchange and advanced trading platforms by introducing perpetual futures trading for ZORA and PAXG. Notably, PAXG-PERP is a gold price-linked perpetual futures product offering up to 20x leverage, tracking the price of one troy ounce of pure gold.
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