Coinbase, one of the world’s largest cryptocurrency exchanges, announced today that it will stop trading altcoin Stargate Finance (STG).
Cryptocurrency Exchange Coinbase Announces It Will Suspend Trading of Altcoin Stargate Finance (STG) on March 14
The following statements were made by the stock exchange:
We regularly monitor assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, we are suspending the trading of Stargate Finance V1 (STG) on March 14, 2023 at 12:00 PM.
We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Stargate Finance V1 (STG) on March 14, 2023, on or around 12pm ET.
See 🧵 for important information.
— Coinbase Assets (@CoinbaseAssets) March 7, 2023
STG trading will be suspended on Coinbase.com (Simple and Advanced Trading), Coinbase Pro, Coinbase Exchange, and Coinbase Prime.
Your STG funds will continue to be available to you and you will have the ability to withdraw your funds at any time.
On March 15, 2023, Stargate Finance is releasing Stargate Finance V2 with a new contract address. Coinbase will not support any airdrop of Stargate Finance (V1 or V2).
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Coinbase will not facilitate any upgrades from Stargate Finance V1 to Stargate Finance V2 at this time.
STG funds held in a Coinbase.com, Pro, Exchange or Custody account before, during or after the scheduled snapshot will not entitle you to receive any Stargate Finance V2 via potential airdrops.
Currently, we only support send and receive functionality for Stargate Finance V1 on the Ethereum network with the following contract address.
At the time of this writing, STG coin was trading at $ 0.7660.
*Not investment advice.