Trading update: Coinbase has announced that it will suspend trading of Balancer (BAL) and Tensor (TNSR) at 3:00 a.m. Beijing time on November 10. The affected trading pairs will no longer accept orders, and existing open orders may also be automatically canceled by the system. Users holding these assets should check their accounts in advance.
Three practical tips:
First, check now whether you hold BAL or TNSR—don't wait until the last minute to act;
Second, if you plan to adjust your positions before trading is suspended, leave yourself some extra time. Liquidity often thins near the deadline, amplifying both slippage and spreads;
Third, a trading suspension does not mean your assets are gone. Tokens can usually still be held in a wallet and transferred, but you won't be able to buy or sell them on the platform until trading resumes. Whether trading resumes or the tokens are delisted, be sure to follow official announcements.
Price volatility often increases significantly before and after announcements like this take effect, making it very risky to chase orders amid sharp price swings. If you're considering trading on another platform, first confirm that it supports the relevant tokens, and carefully double-check the withdrawal network and contract address. Transfers sent over the wrong network are almost impossible to recover.
The suspension is scheduled for 3:00 a.m., so consider setting an alarm. Also keep an eye out for any follow-up announcements from Coinbase about resuming trading or delisting the tokens.
#Coinbase #CryptoTrading
Three practical tips:
First, check now whether you hold BAL or TNSR—don't wait until the last minute to act;
Second, if you plan to adjust your positions before trading is suspended, leave yourself some extra time. Liquidity often thins near the deadline, amplifying both slippage and spreads;
Third, a trading suspension does not mean your assets are gone. Tokens can usually still be held in a wallet and transferred, but you won't be able to buy or sell them on the platform until trading resumes. Whether trading resumes or the tokens are delisted, be sure to follow official announcements.
Price volatility often increases significantly before and after announcements like this take effect, making it very risky to chase orders amid sharp price swings. If you're considering trading on another platform, first confirm that it supports the relevant tokens, and carefully double-check the withdrawal network and contract address. Transfers sent over the wrong network are almost impossible to recover.
The suspension is scheduled for 3:00 a.m., so consider setting an alarm. Also keep an eye out for any follow-up announcements from Coinbase about resuming trading or delisting the tokens.
#Coinbase #CryptoTrading