Coinbase suspends six trading pairs after market review

Coinbase will suspend six cryptocurrency trading pairs on Aug. 6 after moving five markets into limit-only mode as part of its routine market review. Summary Coinbase will suspend six trading pairs across its institutional and advanced trading platforms. Five markets entered limit-only mode before the scheduled Aug. 6 suspension. The exchange also added BIO, BNKR and TREE for supported Coinbase customers. Coinbase is preparing to move institutional derivatives accounts to Deribit on Sept. 9. Coinbase places five markets in limit-only mode Coinbase Markets said trading will end for LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT on Aug. 6, 2026. https://twitter.com/CoinbaseMarkets/status/2085031616779333707 Ahead of the suspension, the exchange placed MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT into limit-only mode on Coinbase Exchange and Coinbase Advanced. LSETH-ETH was not included in the limit-only notice. Users can place and cancel limit orders during this phase, while existing orders may continue to match. However, Coinbase will no longer accept market orders for the affected pairs. You might also like: Coinbase posts $359 million loss as revenue misses for a third straight quarter The exchange attributed the decision to its regular review of supported markets. Coinbase monitors factors such as liquidity, trading activity and order book conditions to determine whether individual markets continue to meet its standards. The move affects specific trading pairs rather than representing a full removal of the six underlying cryptocurrencies. Customers may still have access to other supported markets involving the same assets, depending on their location and Coinbase’s regional availability rules. Market review follows earlier Coinbase suspensions Coinbase has previously restricted or suspended markets after reviewing trading conditions, regulatory requirements and changes involving individual crypto projects. One recent case involved Function X after the project suspended its supported smart contract and migrated from the FX ERC-20 token to Pundi AI’s PUNDIAI token. Coinbase initially placed FX trading into limit-only mode before announcing its suspension. Removing thinly traded pairs can help an exchange concentrate activity in markets with deeper order books. Low trading activity can lead to wider spreads and greater price slippage, particularly when users place larger orders. Coinbase also expanded its asset lineup during the week. Bio Protocol, BankrCoin and Treehouse became available through Coinbase’s website and mobile applications. Eligible customers can buy, sell, send, receive, convert and store BIO, BNKR and TREE. Availability remains subject to regional restrictions. The listings show that Coinbase’s market reviews can result in new additions even as the company removes individual pairs that no longer meet its requirements. Coinbase prepares institutional accounts for Deribit The trading-pair suspensions come as Coinbase reorganizes its international derivatives business following its acquisition of Deribit. As crypto.news reported on Aug. 4, Coinbase plans to transfer institutional clients’ International Exchange accounts, balances and open positions to Deribit on Sept. 9.