The popular Cryptocurrency Exchange Coinbase has recently announced to deliver 5 cryptocurrency from its platform, taking a major decision. Coinbase has shared this information through social media platform X. This post stated that this delisting is part of the regular scrutiny process of coinbase, through which the platform regularly delivers the cryptocurrency that are not according to its standards.
Which crypto coin is going to do coinbase
In its post, Coinbase has reported that he will deliver Galxe (GAL), Litentry, Mines of Dalarnia (DAR), Orion Protocol (ORN) and PARSIQ (PRQ) token on 16 May. Coinbase has said that now new versions of these tokens have arrived. Due to which the original versions of these tokens were out of the listing criterion of the platform. The order of these tokens will be booked only on the limit only mode. Earlier too, Coinbase had announced the delivery of Motion (Move) Token on 15 May, after which The value of the token of 100 million move challenge declined drastically Was.
New coins to be listed on coinbase
Along with this delisting, some new tokens have also been listed recently on Coinbase.
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Mantle (mantle) – It is the ERC 20 token built on Ethereum Community.
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The WorldCoin (WLD) Token– This digital identity system is made on optimism community.
Apart from this, two new perpetual futures are also added to coinbase global and complicated platform, Zora-Perp and PAXG-PERP.
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Zora-Perp Traders can do trading on Zora Token Value without purchasing real tokens.
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Paxg-Perp Coinbase’s first Commodity-Linked Perpetual Day, which tracks the price of gold.
Conclusion
The decision to remove tokens like Galxe (Gal), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (orn) and PRSIq (PRQ) from the platform on May 16 shows that the exchange of exchange, quality and regular skritic on May 16. At the same time, after the new version of these tokens, their original version could not live up to the listing standard of coinbase, so they are being removed. Earlier, Move Token has been announced to be delivered on 15 May. On the other hand, listing of new tokens such as Mantle and WorldCoin and entry of perpetual futures like Zora and Paxg indicates that Coinbase is promoting new promising and innovative projects by removing projects below old, inactive or standard. This change is a strong step for traders towards secure and divers trading options.