Coinbase will suspend six cryptocurrency trading pairs on Aug. 6 after moving five markets into limit-only mode as part of its routine market review. Summary Coinbase will suspend six trading pairs across its institutional and advanced trading platforms. Five markets entered limit-only mode before the scheduled Aug. 6 suspension. The exchange also added BIO, BNKR and TREE for supported Coinbase customers. Coinbase is preparing to move institutional derivatives accounts to Deribit on Sept. 9. Coinbase places five markets in limit-only mode Coinbase Markets said trading will end for LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT on Aug. 6, 2026. We regularly monitor the markets on our exchange. In an effort to improve overall market health and consolidate liquidity, we will be removing six non-USD trading pairs for supported assets. We will suspend trading on the LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and…— Coinbase Markets 🛡️ (@CoinbaseMarkets) August 5, 2026 Ahead of the suspension, the exchange placed MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT into limit-only mode on Coinbase Exchange and Coinbase Advanced. LSETH-ETH was not included in the limit-only notice. Users can place and cancel limit orders during this phase, while existing orders may continue to match. However, Coinbase will no longer accept market orders for the affected pairs. The exchange attributed the decision to its regular review of supported markets. Coinbase monitors factors such as liquidity, trading activity and order book conditions to determine whether individual markets continue to meet its standards. The move affects specific trading pairs rather than representing a full removal of the six underlying cryptocurrencies. Customers may still have access to other supported markets involving the same assets, depending on their location and Coinbase’s regional availability rules. Market review follows earlier Coinbase suspensions Coinbase has previously restricted or suspended markets after reviewing trading conditions, regulatory requirements and changes involving individual crypto projects. One recent case involved Function X after the project suspended its supported smart contract and migrated from the FX ERC-20 token to Pundi AI’s PUNDIAI token. Coinbase initially placed FX trading into limit-only mode before announcing its suspension. Removing thinly traded pairs can help an exchange concentrate activity in markets with deeper order books. Low trading activity can lead to wider spreads and greater price slippage, particularly when users place larger orders. Coinbase also expanded its asset lineup during the week. Bio Protocol, BankrCoin and Treehouse became available through Coinbase’s website and mobile applications. Eligible customers can buy, sell, send, receive, convert and store BIO, BNKR and TREE. Availability remains subject to regional restrictions. The listings show that Coinbase’s market reviews can result in new additions even as the company removes individual pairs that no longer meet its requirements. Coinbase prepares institutional accounts for Deribit The trading-pair suspensions come as Coinbase reorganizes its international derivatives business following its acquisition of Deribit. As crypto.news reported on Aug. 4, Coinbase plans to transfer institutional clients’ International Exchange accounts, balances and open positions to Deribit on Sept. 9. Trading is expected to pause for about 30 minutes during the transfer. Institutions that do not want to participate must close their positions and International Exchange accounts by Aug. 28. Coinbase will treat accounts that remain open after the deadline as having accepted the revised terms and migration. Coinbase completed its acquisition of Deribit in August 2025 after agreeing to pay approximately $2.9 billion. The transaction gave Coinbase control of a major crypto options venue and created a path for consolidating its international derivatives operations. The migration affects institutional derivatives accounts and is separate from the Aug. 6 spot trading-pair suspensions. Circle agreement and ARK purchase draw attention Coinbase also confirmed that its commercial agreement with Circle will renew automatically after both companies met the required contractual conditions. The update removes some uncertainty surrounding the USDC revenue-sharing arrangement following Coinbase’s participation in the Open USD consortium. Chief Financial Officer Alesia Haas said the existing agreement would continue despite questions about whether Coinbase’s work on a potential alternative stablecoin network could affect its Circle partnership. The exchange reported second-quarter revenue of $1.22 billion, missing Wall Street’s $1.29 billion estimate. Revenue fell 14% from the previous quarter as crypto trading activity weakened across several markets. Coinbase shares closed the latest session at $146.50, up 0.16%. ARK Innovation ETF purchased 38,761 Coinbase shares worth approximately $5.68 million during the period. The purchase followed ARK Invest’s acquisition of about $9.4 million in combined Coinbase and Circle shares on Aug. 3, as the U.S. Senate considered its next steps on the CLARITY Act. The buying shows continued institutional interest in the two companies despite weaker trading revenue and uncertainty surrounding U.S. crypto market legislation.
