Coinbase ($COIN) to suspend ZetaChain token trading on December 7
Original headline코인베이스($COIN), 12월 7일 제타체인 토큰 거래 중단
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Coinbase will halt trading in ZetaChain’s native network token on December 7 and migrate users to Ethereum-based ZETA by December 10, converting the order book to limit-order-only on the halt date and suspending deposits and withdrawals of the native token. The exchange-level move is separate from ZetaChain’s own proposed migration to Solana. Deposits sent to old ZetaChain addresses after the cutoff will not be recoverable, so holders must move tokens before the deadline. The delisting matters because it narrows liquidity for the native ZETACHAIN asset and consolidates trading around the ERC-20 ZETA token on one of the largest U.S. exchanges. Next, watch whether other venues follow Coinbase’s consolidation and how ZetaChain’s separate Solana migration proposal proceeds.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Coinbase (COIN), ZetaChain, ZETACHAIN, ZETA, Ethereum (ETH)
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