Coinbase to Suspend $MOVE Trading on May 15
Coinbase will halt trading of Movement ($MOVE) token on May 15, 2025, citing failure to meet listing standards.
- Coinbase to delist $MOVE token after internal review.
- Trading support will officially end on May 15, 2025.
- Delisting linked to non-compliance with Coinbase standards.
What’s Happening with $MOVE?
Coinbase, one of the largest cryptocurrency exchanges in the U.S., has announced plans to suspend trading for the Movement token ($MOVE) starting May 15, 2025. This decision follows a recent internal review where the exchange concluded that $MOVE no longer meets its listing standards.
The suspension will affect trading across all supported platforms, including Coinbase.com, Coinbase Pro, and the Coinbase mobile app. Users holding $MOVE in their Coinbase wallets will still be able to withdraw their assets, but buying or selling the token will be restricted after the cutoff date.
Why Is Coinbase Delisting $MOVE?
According to Coinbase, the action is part of their regular process to ensure all assets meet the platform’s requirements for security, compliance, and overall project integrity. The company stated:
Although the specific reasons were not disclosed, common factors that may trigger such actions include insufficient liquidity, lack of developer activity, weak community support, or regulatory concerns.
What Should $MOVE Holders Do?
If you’re holding $MOVE on Coinbase, it’s important to act before May 15. Here’s what you can do:
- Withdraw your $MOVE to an external wallet where the token is still supported.
- Convert or trade your $MOVE for another asset before trading is disabled.
- Stay updated by following announcements from both Coinbase and the Movement project.
The delisting has already sparked conversation in the crypto community, raising concerns about the project’s future and its compliance with industry standards.
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