Coinbase Removes Eight Trading Pairs on September 15
In brief
- Coinbase suspending eight trading pairs on September 15: ANKR-EUR, BAT-BTC, BAT-ETH, COMP-BTC, FIL-BTC, GRT-BTC, JASMY-USDT, YFI-BTC
- Underlying cryptocurrencies remain available via USD order books; no delistings occurring
- Third wave of pair removals in recent months following August and May suspensions
Liquidity Consolidation Strategy
Coinbase said the decision followed its regular review of markets and was intended to "improve overall market health and consolidate liquidity." The exchange has already switched all eight order books to limit-only mode on both Coinbase Exchange and Coinbase Advanced, preventing new market orders while allowing users to close existing positions.
The underlying assets—ANKR, BAT, COMP, FIL, GRT, JASMY, and YFI—will remain available through their USD order books for Coinbase Advanced Trade users in eligible regions. This approach lets the exchange maintain access to these tokens while pruning less-active trading pairs.
Recurring Pair Removals
This suspension marks the third wave of trading pair cuts in recent months. On August 6, Coinbase suspended another six non-USD markets: LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and CRO-USDT. The Graph (GRT) is undergoing its second pair reduction in little more than a month.
Earlier, Coinbase announced the suspension of APT-USDT, ENS-USDT, ICP-USDT, ICP-GBP, ROSE-USDT, and SAND-USDT on May 14. The pattern reflects a broader consolidation strategy.
Delisting Distinctions
It's worth noting the difference between pair suspension and full delisting. In August, the exchange disabled trading entirely for Idex (IDEX), Loopring (LRC), Omni Network (OMNI), Pirate Nation (PIRATE), and StaFi (FIS). Those removals followed reviews of whether the assets continued to meet its listing standards.
The September 15 suspensions differ—they're tactical pair cuts, not asset removals. Users retain access to the tokens through their primary USD pairs. This distinction matters for traders who want to hold or trade these assets but may need to use different order books going forward.
