Coinbase to Suspend BADGER and STORJ Trading

| crypto.news
Coinbase will suspend BADGER and STORJ trading on or around September 28, 2026, at 2:00 p.m. ET. The change affects Coinbase.com Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. Coinbase has already moved both assets to limit-only order books. Traders can place or cancel limit orders, but market orders are unavailable and execution depends on available liquidity. After the Coinbase trading suspension, users can continue holding and withdrawing BADGER and STORJ. No automatic conversion or withdrawal deadline has been announced. Coinbase cited a routine asset-listing review but did not identify specific technical, legal, compliance, or market reasons. BADGER is the governance token for the Bitcoin-focused Badger DAO DeFi project. STORJ supports the decentralised cloud-storage network Storj. On August 30, BADGER traded near $0.37, down about 4% in 24 hours, while STORJ traded near $0.074. The data does not prove the announcement caused these moves. However, the Coinbase suspension could reduce liquidity, widen spreads and increase short-term volatility if traders sell or move their tokens. Coinbase is also scheduled to suspend IOTX trading on September 23.
Bearish
The expected price impact on BADGER and STORJ is bearish. Coinbase has already placed both tokens in limit-only mode and will suspend trading across several major platforms. This can reduce immediate liquidity, increase bid-ask spreads and make it harder for traders to exit positions efficiently. In the short term, traders may sell before the suspension or transfer assets to other exchanges, creating additional supply pressure and volatility. Historical trading suspensions and delisting announcements often produce sharp, uneven price moves, although the actual effect depends on liquidity on alternative venues and broader market conditions. The long-term impact is less certain. Withdrawals will remain available, and Coinbase has not announced an automatic conversion or withdrawal deadline. This may limit forced selling and allow BADGER and STORJ to continue trading elsewhere. However, the loss of access to Coinbase can weaken market visibility and liquidity over time. The announcement alone does not prove that recent price declines were caused by the suspension, but the overall risk to both tokens remains negative.