Coinbase will delist WBTC
Coinbase has already discontinued market trading of WBTC and is only facilitating trades in in the form of limit orders
Coinbase will be suspending trading of Wrapped Bitcoin (WBTC) in December, citing undisclosed failures to meet the cryptocurrency exchange’s standards for listing tokens, Coinbase said.
“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET,” Coinbase said in a Nov. 19 post on the X platform.
Coinbase has already discontinued market trading of WBTC and is only facilitating trades in in the form of limit orders.
Bitcoin BTC tickers down $92,625 wrappers are tokens representing BTC on other blockchain networks.
“Trading will be suspended on Coinbase.com (Simple and Advanced Trade), Coinbase Exchange and Coinbase Prime,” Coinbase said.
“Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.”
