- Coinbase (NASDAQ:COIN) Wallet will remove support for BCH, ETC, XLM, and XRP.
- This action is due to the low activity of the mentioned coins.
- However, there are no price anomalies for these coins.
Coinbase Wallet is on track to remove support for some coins with “low activity” on the platform. The coins under the limelight are XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM). The Coinbase team will implement the complete termination of the mentioned coins in January 2023.
1/3: After careful evaluation, we will be removing support for several networks with low activity on Coinbase Wallet starting in January 2023—including BCH, ETC, XLM & XRP. These routine evaluations allow us to continue investing in new features that make web3 more accessible.— Coinbase Wallet (@CoinbaseWallet) November 29, 2022
However, in the following tweet, they remarked: “Rest assured that any balances of these assets held in a Coinbase account (coinbase. com or the Coinbase mobile app) will not be impacted ...
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