Coinbase will suspend trading for IoTeX (IOTX) on September 23, 2026 at approximately 2 p.m. ET, the exchange said in a post on X. The suspension follows a routine review of assets against the exchange's listing standards.
Coinbase regularly conducts reviews of tokens listed on its platform to ensure ongoing compliance with listing criteria. The suspension marks the removal of IOTX from one of the largest U.S. crypto exchanges by trading volume and retail user base. Coinbase does not typically disclose specific reasons for individual delistings beyond citing listing standard reviews.
IoTeX is a layer-1 blockchain focused on Internet of Things applications and machine learning. The network launched in 2018 and has operated as a proof-of-stake system since 2021. IOTX trades on multiple other exchanges including Huobi, Gate.io, and OKX, meaning the Coinbase suspension does not prevent trading entirely.
Coinbase has delisted tokens periodically since its early years. In 2021, the exchange delisted Ampleforth and Fetch.ai for similar reasons; in 2023, it suspended XRP trading before later relisting it following the Ripple settlement with the SEC. Listing decisions involve internal risk assessments and compliance frameworks rather than regulatory direction.
IoTeX holders on Coinbase will be able to withdraw their tokens before the suspension takes effect. The exchange has not announced plans to relist IOTX. The delisting removes IOTX from a platform that processed billions in monthly volume in 2024, though the token's overall market liquidity will remain accessible through other venues.
Coinbase reviews its listed assets against evolving internal standards tied to factors including token project governance, team transparency, and regulatory considerations. The exact criteria remain proprietary. Coinbase did not respond to requests for additional detail on what triggered the IOTX review or when it began.
