Coinbase drops 5 tokens but keeps withdrawals open

Coinbase has pulled trading support for five cryptocurrencies after giving holders a month to prepare. Summary Coinbase disabled trading for IDEX, LRC, OMNI, PIRATE and FIS across major trading platforms Friday. Customers can still access and withdraw affected tokens, while Coinbase has not announced conversions yet. Coinbase first announced the five suspensions July 7, giving holders one month of advance notice. Six non-dollar pairs were separately suspended August 6, but their underlying tokens remain supported elsewhere. Coinbase says routine reviews determine whether listed assets continue meeting its standards across trading services. On Aug. 7, the exchange confirmed that trading had been disabled for Idex (IDEX), Loopring (LRC), Omni Network (OMNI), Pirate Nation (PIRATE) and StaFi (FIS). The suspension covers Coinbase Simple and Advanced Trade, Coinbase Exchange and Coinbase Prime. We have disabled trading for Idex (IDEX), Loopring (LRC), Omni Network (OMNI), Pirate Nation (PIRATE), and StaFi (FIS). Your funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time. https://t.co/TkieDfQRqi — Coinbase Markets 🛡️ (@CoinbaseMarkets) August 7, 2026 For customers still holding the five tokens, the change stops trading rather than immediately removing access to the assets. Coinbase said balances remain accessible and withdrawals can continue, allowing holders to transfer tokens to compatible external wallets or other platforms that support them. The exchange’s latest notice did not announce an automatic conversion or liquidation of remaining balances. You might also like: Coinbase CEO says CLARITY delay will not slow crypto adoption Coinbase gave holders one month before halting trading The Aug. 7 suspension was not announced without warning. Coinbase first disclosed the planned removals on July 7 and said trading would stop on or around 2 p.m. ET on Aug. 7. Before the cutoff, order books for IDEX, LRC, OMNI, PIRATE and FIS were moved into limit only mode, allowing customers to place and cancel limit orders while matches could still occur. Coinbase said it regularly monitors assets to determine whether they continue to meet its listing standards. However, the notices reviewed by crypto.news did not identify a separate reason for removing each of the five tokens. That means claims attributing a particular token’s suspension to liquidity, regulation, development activity or another individual factor would go beyond Coinbase’s public explanation. The change has now taken effect. Coinbase’s current asset pages label IDEX, Loopring, Omni Network, Pirate Nation and StaFi as not tradable on the platform. Token suspensions differ from Coinbase’s six pair removals The five token suspensions came one day after Coinbase removed six individual trading pairs. The exchange ended trading on Aug. 6 for LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT. Those changes should not be confused with the five token suspensions.