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Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, due to 'low usage'

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by COINS NEWS 90 Views

Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, due to 'low usage'

The crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.

Starting on Dec. 5, the Coinbase Wallet will no longer support four major tokens.

In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash, XRP, Ethereum Classic, and Stellar as well as their networks. The crypto firm cited "low usage" of the four tokens in its decision to stop support starting on Dec. 5.

"This does not mean your assets will be lost," said the announcement. "Any unsupported asset that you hold will still be tied to your address(es) and accessible through your Coinbase Wallet recovery phrase."

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