Crypto NewsAltcoinJUST IN: Coinbase Announces Delisting 5 Altcoins in an Unexpected Decision

JUST IN: Coinbase Announces Delisting 5 Altcoins in an Unexpected Decision

Cryptocurrency exchange Coinbase shared that it will delist five altcoins from its platform in an unexpected decision.

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Coinbase, the largest cryptocurrency exchange in the USA, announced in its official statement that it will delist Crypterium (CRPT), MXC (MXC), Quantstamp (QSP), Ren (REN) and TE-FOOD (TONE) altcoins from its platform.

According to the official statement, the events will take place on November 3, 2023 at 21:00 Turkey time. (2PM ET)

Regarding the Delist decision, the exchange only said that they constantly evaluate the assets they list according to whether they meet the listing criteria.

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Coinbase's listing and delisting decisions are known to have significant effects on the cryptocurrency market. Altcoins listed on the exchange in question generally experience significant increases within seconds.

*This is not investment advice.

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