Add as a preferred source on GoogleCoinbase to Suspend Trading in 12 Non-USD Pairs on Nov. 25
The affected markets include five Bitcoin-quoted pairs. Customers in supported regions can still trade the assets through U.S. dollar order books.
Coinbase plans to pause trading in 12 non-U.S. dollar pairs around noon ET (17:00 UTC) Nov. 25, while keeping U.S. dollar markets for the affected assets available in supported regions. The exchange said the change is intended to improve market health and concentrate liquidity.
The affected markets are APE-USDT, ATOM-USDT, ALGO-BTC, CRV-BTC, ETC-BTC, ICP-BTC, XLM-BTC, APE-EUR, ADA-ETH, 1INCH-GBP, CHZ-GBP and SNX-GBP. Five pairs are quoted in Bitcoin (BTC); the others use USDT, EUR, Ether (ETH) or GBP.
Coinbase Advanced Trade customers in supported regions will still be able to trade the assets through U.S. dollar order books. The pause applies to the listed pairs, and is scheduled for Nov. 25.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.