Coinbase moves WMTX-USD to limit-only mode on Exchange and Advanced
- —Market orders for WMTX-USD are no longer accepted on Coinbase
- —The restriction applies to Coinbase Exchange and Coinbase Advanced
- —WMTX trades in the $0.02–0.03 range with ~871M tokens in circulation
- —Coinbase previously used limit-only mode for GRASS-USD and BLUECHIP-USD
Why it matters: Persistently weak volume could push the pair toward delisting, cutting WMTX holders off from liquidity on a major exchange.
Source: Crypto Briefing