Coinbase "Ends support for 3 trading pairs including ETH-DAI… as part of liquidity consolidation"
Doohyun Hwang
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Summary
- Coinbase said it will end support for some trading pairs to ensure market health and liquidity consolidation.
- The trading pairs to be discontinued are ETH-DAI, FLOW-USDT, MANA-ETH, totaling 3.
- The decision is not a delisting of the cryptocurrencies themselves, and users can continue to trade them on other markets such as the US dollar or USDC.
Coinbase will end support for some trading pairs to ensure market health and consolidate liquidity.
On the 6th (local time), Coinbase said, "After regularly monitoring market conditions on the exchange, we have decided to remove the order books of 3 markets to improve overall market health and consolidate liquidity."
The trading pairs whose support will be discontinued are ▲Ethereum-DAI (ETH-DAI) ▲Flow-Tether (FLOW-USDT) ▲Decentraland-Ethereum (MANA-ETH), a total of 3.
However, this decision does not mean the cryptocurrencies themselves will be delisted. Users can continue to trade the assets through other base-currency markets such as the US dollar or USDC.
