NewsCryptoCoinbase Set to Suspend BADGER and STORJ Trading on Sept. 28

Coinbase Set to Suspend BADGER and STORJ Trading on Sept. 28

Author: CoinLineup·

Key Takeaways

  • Coinbase will suspend trading of BADGER and STORJ on September 28, affecting buy and sell orders on the platform.
  • Coinbase has not publicly stated the reason for the suspension in its update.
  • BADGER is the governance token of BadgerDAO, a DeFi protocol for Bitcoin-backed assets, while STORJ is the token of decentralized cloud storage network Storj.
  • A trading suspension pauses trading on Coinbase but does not mean holders lose access to their assets, which can still trade on other platforms.
Coinbase Set to Suspend BADGER and STORJ Trading on Sept. 28

Coinbase, one of the largest cryptocurrency exchanges in the United States, plans to suspend trading for two tokens, BADGER and STORJ, on Sept. 28, according to the Coinbase exchange status page. The move directly affects how users holding either asset on the platform will be able to buy or sell once the suspension takes effect.

What Coinbase Announced

The suspension applies specifically to BADGER and STORJ, and no other tokens are named in the update. A trading suspension means the exchange stops matching buy and sell orders for the affected assets. In other words, it is the platform stepping back from a market rather than a change to the tokens themselves.

The available information is limited to the suspension notice itself, and Coinbase has not publicly stated the reasons behind the decision in the update.

The move comes amid other recent operational adjustments by Coinbase, including a custody change that altered how Deribit reports its reserves. Such decisions arrive alongside broader industry activity, ranging from new federal charters for crypto firms to shifting flows across Bitcoin and gold ETFs. Listings and delistings at major exchanges are a recurring part of crypto market structure: tokens dropped from a large venue often see trading activity migrate to other platforms, since the assets themselves continue to exist and trade wherever markets remain open.

Why BADGER and STORJ Are the Focus

Only two assets are covered by the notice: BADGER and STORJ. BADGER is the governance token of BadgerDAO, a decentralized finance protocol focused on bringing Bitcoin-backed assets to Ethereum and other networks, while STORJ is the token for Storj, a decentralized cloud storage network. Neither project has been linked publicly to the suspension notice, and the tokens remain independent of Coinbase's trading decision. Traders interested in how the tokens are performing ahead of the deadline can consult live market data on platforms such as CoinGecko.

What Users Should Watch Next

Sept. 28 is the key date, marking when trading access for BADGER and STORJ is scheduled to end on Coinbase.

Importantly, a suspension does not necessarily mean a loss of access to holdings. In most cases, trading simply pauses, and users should follow Coinbase's official updates for exact timing and any instructions regarding their balances.

The practical takeaway for holders is straightforward: if BADGER or STORJ sits in a Coinbase account, check the platform directly and decide how to handle those holdings before the deadline.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.