Coinbase, one of the world’s largest cryptocurrency exchanges, announced that it will stop trading in some trading pairs. According to the statement made by the exchange, the pairs that will be removed from the platform are; This will include ALCX/EUR, API3/USDT, COVAL/USDT, FOX/USDT and POLY/USDT.
Starting tomorrow, trading on the above trading pairs will not be possible. Users will be able to trade these assets with other trading pairs on Coinbase.
The statement emphasized that the decision to delist the relevant trading pairs was taken in order to strengthen liquidity.
Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. Coinbase is a US-based company, serving many countries around the world. The stock market has grown rapidly since its inception. While it had a transaction volume of only $1 million in 2013, it is expected to reach a transaction volume of $56 billion by 2021. Coinbase has over 100 million users worldwide.