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.
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.
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. Removing a trading pair means Coinbase can continue supporting the underlying asset through another available market, depending on the customer’s region. By contrast, IDEX, LRC, OMNI, PIRATE and FIS have lost trading support across Coinbase’s main retail, advanced and institutional spot services.
As crypto.news reported, Coinbase said the six pair removals followed its regular market reviews and were intended to consolidate liquidity and support healthier markets. Five of those markets had first been shifted to limit only trading before being suspended.
Coinbase has used similar review processes before. The exchange ended DAI trading in May as part of a separate asset change that included conversion of remaining eligible balances into USDS. The current IDEX, LRC, OMNI, PIRATE and FIS notice is different because Coinbase has not announced a comparable conversion plan.
Some affected tokens were already undergoing wider changes
The five assets are not all in the same position outside Coinbase. Omni Network, for example, underwent a broader transition after the project rebranded to Nomina. Nomina said Omni Core was officially sunset in February 2026 and its assets migrated to Ethereum as the ecosystem shifted toward the NOM token and an Ethereum based trading protocol. Coinbase did not cite that transition as the reason for suspending OMNI.
StaFi had also lost a major trading venue before Coinbase’s decision. Binance ended spot trading for FIS in December 2025 as part of its own periodic review. Again, there is no public evidence showing Coinbase based its decision on Binance’s earlier removal, and the two exchanges conduct their listing reviews independently.
The current Coinbase data also shows why the five tokens should not be treated as removed from existence simply because trading has stopped on one exchange. Coinbase continues to display informational price pages for the assets even though those pages now identify them as unavailable for trading. Users can also withdraw balances under the exchange’s Aug. 7 notice.
What happens next for affected Coinbase users
The immediate decision for holders is whether to leave their assets on Coinbase or withdraw them to another supported destination. Coinbase has not set a new trading date or announced that any of the five markets will return. Its latest statement says users continue to have access to their funds and can withdraw them.
Users moving tokens externally need to confirm that the destination supports the correct network and token contract before initiating a transfer. Coinbase’s own support materials note that onchain sends are irreversible, making network and address compatibility important when withdrawing delisted assets.
Meanwhile, the trading changes are taking place as Coinbase reorganizes other parts of its business. As previously reported, institutional Coinbase International Exchange accounts, positions and balances are scheduled to migrate to Deribit on Sept. 9. Coinbase’s official migration guidance sets Aug. 28 as the opt out deadline and Aug. 31 for clients to verify Deribit access.
That institutional derivatives migration is separate from the five token suspensions, but together the moves show Coinbase making several market and infrastructure changes during August. For IDEX, LRC, OMNI, PIRATE and FIS holders, however, the position is straightforward for now: trading has stopped, balances remain accessible and withdrawals remain available, with no public timetable for trading support to resume.
