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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- May 03, 2025 13:18 UTC
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Coinbase to Delist Five Tokens Amid Token Upgrades – See If You’re Holding Any!
Coinbase will suspend five tokens, including GAL, LIT, and DAR, on May 16.
Tokens are being delisted due to outdated versions that no longer meet Coinbase standards.
Users should withdraw or convert tokens before May 16 to avoid losing trading access.
Coinbase, one of the most trusted and regulated crypto exchanges in the world, has announced it will suspend trading for five tokens, including Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ).
The trading halt will officially begin on May 16, 2025, at around 2 PM ET across all Coinbase platforms, Coinbase.com, Coinbase Exchange, and Coinbase Prime.
Why These Tokens Are Being Delisted
According to Coinbase, this decision isn’t about poor performance or security issues. Instead, it has to do with token versions. Each of these projects, GAL, LIT, DAR, ORN, and PRQ, has released new versions of their tokens.
That means the original versions listed on Coinbase are now considered outdated and no longer meet the platform’s listing standards.
Coinbase cares a lot about keeping things safe, reliable, and clear for its users. When tokens go through major upgrades or migrate to new contracts, the old ones can cause problems or stop working well. That’s why Coinbase is removing these older tokens from trading.
Trading Already in Limit-Only Mode
To ease the transition, Coinbase has already moved all five token pairs to limit-only mode. This means users can still place or cancel limit orders, and trades may happen, but no market orders or advanced trading types are currently supported.
It’s a heads-up to the community, get your affairs in order before full suspension takes effect.
What Happens to Users Holding These Tokens?
If you hold any of these tokens on Coinbase, it’s time to act. You might want to withdraw your holdings or convert them before May 16. After the suspension, your ability to trade them will be gone, at least on Coinbase.
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FAQs
Coinbase advises users holding GAL, LIT, DAR, ORN, or PRQ to withdraw or convert their tokens before the May 16th suspension.
Limit-only mode allows users to place or cancel limit orders, but market orders and advanced trades are not supported for the suspended tokens.
Yes 
No 
