Coinbase will suspend trading in six cryptocurrency pairs on 6 August 2026 after placing five of the markets into limit-only mode as part of a regular review of its supported assets.
The affected pairs are LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT. Coinbase Markets said trading in all six markets would end on 6 August.
Before the suspensions, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT were moved into limit-only mode on Coinbase Exchange and Coinbase Advanced. LSETH-ETH was not included in the limit-only announcement.
During the restricted phase, customers can continue to place and cancel limit orders, while existing orders may still be matched. Market orders, however, will no longer be accepted for the affected pairs.
Coinbase said the decision followed its routine assessment of listed markets. The exchange reviews factors including liquidity, trading volumes and order-book conditions when deciding whether individual trading pairs continue to meet its requirements.
The changes apply to the specific pairs rather than amounting to the complete removal of the six cryptocurrencies involved. Depending on their location and the regional rules governing Coinbase’s services, customers may still be able to trade the same assets through other supported markets.
Coinbase has previously limited or suspended markets following reviews of trading conditions, regulatory obligations and developments involving individual crypto projects.
One recent example was Function X. The project suspended its supported smart contract and moved from the FX ERC-20 token to Pundi AI’s PUNDIAI token. Coinbase first placed FX trading into limit-only mode before later announcing its suspension.
Exchanges can use the removal of lightly traded pairs to focus activity on markets with deeper order books. Thin trading often produces wider spreads and increases the risk of price slippage, especially when customers place larger orders.
The latest suspensions come as Coinbase has also added new assets to its platform. Bio Protocol, BankrCoin and Treehouse became available through Coinbase’s website and mobile applications during the week.
Eligible customers can buy, sell, send, receive, convert and store BIO, BNKR and TREE. Access to those assets remains subject to regional restrictions.
The additions underline that Coinbase’s market reviews can lead to new listings at the same time as the exchange removes individual pairs that no longer satisfy its criteria.
The trading-pair changes are separate from Coinbase’s wider reorganisation of its international derivatives operations after its acquisition of Deribit.
Coinbase plans to transfer institutional customers’ International Exchange accounts, balances and open positions to Deribit on 9 September, according to a report by crypto.news on 4 August. Trading is expected to stop for about 30 minutes while the transfer takes place.
Institutions that do not wish to take part must close their positions and International Exchange accounts by 28 August. Accounts that remain open after that deadline will be treated by Coinbase as having accepted the amended terms and migration.
Coinbase completed its acquisition of Deribit in August 2025 after agreeing to pay about $2.9bn. The deal gave Coinbase control of a major cryptocurrency options venue and provided a route towards combining its international derivatives operations.
The planned migration concerns institutional derivatives accounts and is not connected to the six spot trading-pair suspensions scheduled for 6 August.
Coinbase has also confirmed that its commercial agreement with Circle will renew automatically after the companies met the contractual conditions required for renewal.
The announcement reduced uncertainty around the revenue-sharing agreement connected to USDC, following Coinbase’s involvement in the Open USD consortium. Chief Financial Officer Alesia Haas said the existing agreement would remain in place despite questions over whether Coinbase’s work on a possible alternative stablecoin network could affect its partnership with Circle.
Coinbase reported second-quarter revenue of $1.22bn, below the Wall Street estimate of $1.29bn. Revenue was down 14% from the previous quarter as cryptocurrency trading activity weakened across several markets.
Coinbase shares ended the latest trading session at $146.50, a rise of 0.16%. ARK Innovation ETF bought 38,761 Coinbase shares worth about $5.68m during the period.
The purchase followed ARK Invest’s acquisition of roughly $9.4m in combined Coinbase and Circle shares on 3 August, while the US Senate considered its next steps on the CLARITY Act. The purchases indicate continued institutional interest in both companies despite weaker trading revenue and uncertainty over US legislation for the cryptocurrency market.
