A number one cryptocurrency trade within the U.S., Coinbase has notified customers of its choice to take away some well-liked buying and selling pairs from its platform. In a publish on X, the trade clarified that the transfer is to enhance the general market well being of the trade and consolidate liquidity.
Coinbase shifts to USD-based markets for larger liquidity
The delisted buying and selling pairs are MASK-USDT, MASK-EUR, MINA-USDT, GMT-USDT, AXS-BTC and SNX-BTC. Coinbase will droop buying and selling on these pairs efficient 12:00 p.m. ET on Oct. 29, 2025. Which means after that point, holders will now not be capable to place new trades in these pairs.
Notably, the property themselves will stay tradable, however solely in pairs that the trade has not delisted. It seems the figures from the buying and selling pairs haven’t inspired the trade to proceed providing it to its customers.
We commonly monitor the markets on our trade. In an effort to enhance total market well being and consolidate liquidity, we can be eradicating the MASK-USDT, MASK-EUR, MINA-USDT, GMT-USDT AXS-BTC, SNX-BTC buying and selling pairs.
— Coinbase Markets 🛡️ (@CoinbaseMarkets) October 28, 2025
Nonetheless, customers on Coinbase Superior and people in choose eligible areas can nonetheless commerce these tokens. To do that, a person would wish to make use of USD-based buying and selling pairs, resembling MASK/USD and MINA/USD, amongst others.
This means that the tokens aren’t fully delisted, however the much less lively pairs are. The purpose is to permit Coinbase direct liquidity on the primary USD market, which seems to be thriving greater than different buying and selling pairs.
In the meantime, the trade has additionally moved AXS-BTC to “limit-only mode.” This suggests that customers can place restrict orders and cancel present orders. Nonetheless, on the spot shopping for and promoting have been disabled. The event means that this pair may face full suspension quickly.
Market observers are carefully monitoring the influence this might have on the delisted tokens. Notably, when Coinbase delisted the OMNI-Perp pair, the transfer brought about a 17% worth crash for OMNI token. In that occasion, the trade didn’t go away the Coinbase Superior choice open to customers.
Coinbase’s broader trade technique
So far as enhancing total market well being goes, Coinbase introduced final week that it was offering assist for BNB. It’s going to enable customers to commerce the BNB/USD pair, which is a major improvement provided that BNB is the native token of the Binance buying and selling platform, one other competing trade.
Binance Founder Changpeng Zhao acknowledged the itemizing provide on social media as a giant win for BNB. The asset has managed to remain above $1,000 regardless of market volatility.
