Tuesday, January, 21, 2025

Coinbase to Delist 4 Major Tokens; Users Must Act Before June 26 Deadline

Coinbase to delist RNDR, RBN, MOBILE, and SYN tokens on June 26—users urged to act fast before the trading cutoff hits.
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Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.
  • Coinbase confirms trading halt for RNDR, RBN, MOBILE, and SYN tokens due to token version upgrades.
  • Users must act before June 26 to avoid losing trading access on affected assets.
  • Withdrawals to external wallets will remain available despite the trading suspension.

According to Coinbase, trading in four tokens will cease at 2 p.m. Eastern Time on June 26, 2025. Price falls have affected Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE) and Synapse (SYN).

As reported by the official Coinbase Assets channel on X, the pause in trading is introduced after a review of all listed tokens to see if they still meet the platform’s criteria. The company said the decision to delist the tokens was made because there are now better versions, so trading the old tokens would not be beneficial on their platform.

Coinbase has suspended trading of the tokens mentioned, so users will not be permitted to buy or sell them after the deadline. Nonetheless, users can still send cryptocurrency to other wallets on the same network.

According to reports, every project has published a revised version of its token or started using a different blockchain network. Consequently, you will not find the older versions of Bitcoin on exchanges, even on Coinbase.

The company has not explained if it will offer help with the new types of tokens. It was also not made clear if users’ tokens would be upgraded without them having to do anything, so many holders are unsure what to do.

Impacted Users Urged to Prepare Before the Deadline Hits

Delisting decisions like this are typically technical in nature and are not linked to the failure or collapse of the underlying projects. According to Coinbase, the action was taken during routine platform maintenance to bring the listed tokens in line with the latest requirements.

Anyone with RNDR, RBN, MOBILE, or SYN should watch for notifications from Coinbase. Delaying using or transferring tokens before June 26 could hinder users’ dealings with their cryptocurrencies.

With previous removals, Coinbase gave its customers enough opportunity to move their funds away. Nevertheless, crypto investors should act soon to prevent issues as the suspension takes effect.

Since trading support will close for these four tokens on June 26, Coinbase users should act before then. If you’re affected, move your assets or watch for further guidance from the platform.

Also Read: Robert Kiyosaki Reveals Why Only Bitcoin Can Save You From Being Poor

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