Coinbase has shut down trading for five cryptocurrencies across its main trading venues after giving customers a month’s notice. The change took effect on Aug. 7 and applies to 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. While users can no longer trade the affected tokens on the platform, Coinbase said customers still retain access to their balances and can withdraw those assets to compatible external wallets or other platforms that support them.

Trading halted after prior notice

The move was not made 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, giving holders roughly one month to prepare.

Ahead of the cutoff, order books for the five assets were shifted into limit-only mode. That allowed customers to place and cancel limit orders while trades could still match, a common transitional step before full suspension.

Access remains, but no conversion plan was announced

Coinbase’s latest notice makes clear that the action is a trading suspension rather than an immediate loss of access to the assets themselves. Customers who still hold IDEX, LRC, OMNI, PIRATE or FIS can continue to view their balances and withdraw the tokens.

The exchange did not announce any automatic conversion, liquidation or forced sale of remaining holdings. It also did not provide a date for when, or whether, trading in any of the five markets might resume.

No specific reasons were given for each token

Coinbase has said it regularly reviews listed assets to determine whether they continue to meet its listing standards. In the notices tied to these five suspensions, however, the company did not identify a separate reason for removing support for each token.

Coinbase’s asset pages now mark Idex, Loopring, Omni Network, Pirate Nation and StaFi as not tradable on the platform. At the same time, the exchange continues to show informational price pages for the tokens, underscoring that the assets still exist on-chain even though trading support on Coinbase has ended.

Separate from recent trading-pair removals

The five token suspensions came one day after Coinbase removed six trading pairs: LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT. Coinbase’s action on those pairs is different from this broader halt.

When an exchange removes a single trading pair, the underlying asset may still be available through other markets on the same platform. In this case, Coinbase stopped trading for the five tokens across its main services rather than only closing selected market combinations.

What changes next for holders

Some of the affected projects had already seen other ecosystem changes. Omni Network has transitioned following a rebrand to Nomina, which said Omni Core was sunset in February 2026 and its assets migrated to Ethereum as the project shifted toward the NOM token. StaFi had also previously lost a major venue when Binance ended spot trading for FIS in December 2025, though there is no public evidence Coinbase based its decision on Binance’s earlier move.

For now, the confirmed next step is limited: holders may keep their balances on Coinbase or withdraw them to another supported destination. Coinbase has not announced any return date for trading in IDEX, LRC, OMNI, PIRATE or FIS, and its latest statement says users continue to have access to their funds and can withdraw them.

Source: crypto.news