Coinbase will take its Derivatives section offline for about nine hours on Saturday, October 24, for scheduled maintenance. Account access stays unchanged. The exchange also announced it will delist the Ampleforth Governance Token (FORTH).
Coinbase said its Derivatives section will be offline for about nine hours this Saturday, as part of scheduled maintenance on October 24. According to Coinbase: "During the maintenance, trading futures and perpetual futures on Coinbase Financial Markets will be unavailable."
The company said account access will remain unchanged. It urged users to monitor its official X account for updates and pledged to post the latest information on its derivatives status page.
Some users thanked the company for the update, while others seemed frustrated. One X user, TriDung.sol, appeared dissatisfied that the services would be suspended over the weekend for such an extended period.
Separately, Coinbase has decided to stop supporting some cryptocurrencies. It said it will delist Ampleforth Governance Token (FORTH) on November 23, and added that FORTH funds will remain accessible and withdrawals will continue to be supported.
The affected token fell about 15% after the disclosure.
Source: CryptoPotato
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