You can also read this news on BH NEWS: Coinbase to Suspend Trading in 12 Cryptocurrency Pairs, Streamlining Market Liquidity Coinbase, one of the largest cryptocurrency exchanges in the Unit
You can also read this news on BH NEWS: Coinbase to Suspend Trading in 12 Cryptocurrency Pairs, Streamlining Market Liquidity
Coinbase, one of the largest cryptocurrency exchanges in the United States, has announced plans to suspend trading for 12 cryptocurrency pairs, including those linked to Cardano (ADA) and Stellar (XLM). This strategic move aims to consolidate liquidity and simplify market structure on the platform.
The exchange has decided to remove certain trading pairs not involving the U.S. dollar as part of its routine market assessments. Starting November 25, 2026, at approximately 12:00 PM EST, pairs such as 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 will no longer be available for trading.
Coinbase emphasized that this decision does not signal the complete removal of supported assets but pertains solely to certain trading pairs.
Coinbase stated its intention to enhance overall market health and concentrate liquidity by removing some non-USD trading pairs for supported assets.
Prior to the suspension, the affected cryptocurrency pairs will enter a limit-only order mode on both Coinbase Exchange and Coinbase Advanced platforms. This mode will restrict traders from placing market orders, enabling them only to set buy or sell orders at specified prices.
A mini glossary: A limit order allows an investor to specify the price at which they wish to buy or sell. Transactions only execute once the market reaches the designated price, potentially preventing trades at abrupt price levels.
Users on Coinbase Advanced Trade in eligible regions can continue transacting these assets via USD order books. This adjustment indicates a shift towards a more streamlined pairing structure, not the complete inaccessibility of the assets.
Coinbase has recently paused trading for Balancer and Tensor, though users can still withdraw assets. Additionally, sales for Stargate Finance and Vulcan Forged have been postponed to November 20, 2026, at 14:00.
Trading for the Ampleforth Governance Token will cease on November 23, 2026, at 14:00. The suspension for Neon EVM and Syndicate transactions is set for November 16, 2026, at 14:00.
While closing several trading pairs, Coinbase is also rolling out new products, with spot trading for Pearl set to commence on November 13, 2026. Trades in the PEARL/USD pair will start post-09:00 PST, subject to adequate liquidity conditions.
Coinbase clarified that PEARL/USD trading would open only if liquidity conditions are satisfied in supported regions.
Additionally, perpetual futures markets for GRAM, GRASS, QNT, and ZRO will launch post-12:00 UTC on November 13, 2026. This development underscores Coinbase’s ongoing efforts to reduce complexity in spot markets while expanding its derivatives offerings.
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