US-based cryptocurrency exchange coinbaseannounced on Twitter just minutes ago that it will end trading of seven different trading pairs.
To consolidate liquidity, we will be removing a number of trading pairs for certain supported assets.
We will suspend trading on the following markets on or around 9AM PT on 23 May 2023:
ASM-USDT, ATA-USDT, DESO-EUR, FORT-USDT, FORTH-GBP, MCO2-USDT, XYO-BTC
— Coinbase Exchange 🛡️ (@CoinbaseExch) May 22, 2023
“We have decided to remove some crypto trading pairs from our exchange to ensure liquidity remains consolidated. The trading pairs we have mentioned below will be disabled as of 19:00 on 23 May 2023.”
The giant cryptocurrency exchange stated that it will delist the following trading pairs from the exchange:
- ASM-USDT
- DESO-EUR
- ATA-USDT
- FORT-USDT
- FORTH-GBP
- MCO2-USDT
- XYO-BTC
Although most of the aforementioned trading pairs are not common in Turkey, the delisting of Automata (ATA), one of the well-established Web3 projects, attracted the attention of investors.
After Coinbase’s delist announcement, no extra selling pressure has occurred in the ATA price for now.
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