# Coinbase Plans Support for Axis Labs’ AXIS Token, Deposits Await Unlock

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/36237
Published: 2026-10-21T02:10:07.000Z
Updated: 2026-10-21T02:10:07.000Z
Section: Business

> Customers in supported regions can create deposit addresses on coinbase.com, the Coinbase app and Coinbase Exchange, but deposits depend on the issuer unlocking transfers.

Coinbase plans to add support for Axis Labs’ AXIS token, while customers in supported regions can already create deposit addresses across its services ahead of the issuer unlocking transfers.

Address generation is available on coinbase.com, in the Coinbase app and on Coinbase Exchange, giving customers three ways to set up a destination for AXIS. The update applies only in regions where Coinbase supports the asset.

AXIS deposits remain unavailable until the issuer unlocks transfers. A deposit address is a destination for an incoming transfer, but creating one does not itself let customers move AXIS into a Coinbase account. This keeps address setup separate from transfer access: Coinbase can make the address option available before the issuer permits token movement.

Until transfers are opened, the deposit step remains pending even for customers who can generate an address, leaving the issuer’s unlock as the condition to watch for AXIS deposits.