Cryptocurrency Q&A
Is XLM being removed from Coinbase?
Is XLM being removed from Coinbase?
Rosalia
Fri Jun 14 2024
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5 answers
873
I've been hearing rumors lately that XLM might be getting removed from Coinbase. Could you please clarify if this is indeed the case? I'm quite concerned about the potential impact this might have on my crypto holdings. Could you provide some insight into the reasons behind such a decision, if it's true? Also, what would be the alternative options for trading XLM if it's no longer available on Coinbase? I'd really appreciate your response as this matters a lot to me and many other crypto investors.
5 answers
Carlo
Sun Jun 16 2024
Asset Removal Details: Users of Coinbase will no longer be able to trade or access these four cryptocurrencies once the delisting takes place. However, it's crucial to note that users holding these assets in their balances will not lose them.
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KatanaBlade
Sun Jun 16 2024
User Protection Measures: Coinbase has assured its users that their funds are safe and secure. Users with balances in the affected cryptocurrencies will have the option to recover their assets through a designated "Coinbase Recovery Phase".
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ShintoMystical
Sun Jun 16 2024
Recovery Phase Explained: The Coinbase Recovery Phase is a mechanism designed to facilitate the smooth transition of assets for users affected by the delisting. It ensures that users can retrieve their cryptocurrencies without any hassle.
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Stefano
Sun Jun 16 2024
Key Highlights: Recently, Coinbase announced the delisting of four cryptocurrencies - XRP, Bitcoin Cash, Ethereum Classic, and XLM. This significant move will take effect from January 2023, marking a change in the exchange's asset offerings.
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StarlitFantasy
Sun Jun 16 2024
BTCC Introduction: Among the various cryptocurrency exchanges available, BTCC stands out as a reputable platform. Based in the UK, BTCC offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet.
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