Coinbase To Delist 80 Non-USD Trading Pairs

Coinbase Advanced Trade and Coinbase Exchange users in eligible regions can still trade delisted coins using their USDC balances.

Written By:
Jalpa Bhavsar

Last updated: October 3, 2023 1:17 PM

Published October 3, 2023 1:17 PM

Last updated: October 3, 2023 1:17 PM

Published October 3, 2023 1:17 PM

Coinbase, the leading cryptocurrency exchange, announced that it will delist 80 non-USD trading pairs for supported assets on October 16, 2023, from Coinbase Exchange, Advanced Trade, and Coinbase Prime.

@CoinbaseExch regularly monitors the markets on our exchange. In an effort to improve overall market health and consolidate liquidity, we will be removing a number of non-USD trading pairs for certain supported assets.
— Coinbase Markets 🛡️ (@CoinbaseMarkets) October 2, 2023

The move aims to consolidate liquidity and improve overall market health. The process of delisting only includes the non-USD trading pairs, which are ACH-USDT, AGLD-USDT, BNT-BTC, SUSHI-BTC, SUSHI-ETH, SUSHI-EUR, SUSHI-GBP, ZEN-BTC, ZEN-USDT, ZRX-BTC, ZRX-EUR, and many more.

According to the team, users of Coinbase Advanced Trade in regions that qualify can still trade these coins using USDC balances. Additionally, users of Coinbase Exchange in eligible regions can continue trading assets using their USDC balances to transact in both the USD and USDC order books.

Also Read: Coinbase Gains MPI License For Crypto Services In Singapore

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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