Coinbase Preparing Significant System Overhaul: Details and Timeline Revealed
Coinbase, a leading cryptocurrency exchange, has announced a scheduled systems upgrade for August 2, 2025. The upgrade is set to begin at 7:00 a.m. Pacific Time and is expected to last approximately three hours.
During the upgrade, several services will be affected. Both simple and advanced trading functions will be unavailable, as will deposits, withdrawals, transfers out of Coinbase, and the use of the Coinbase Card. However, users will still be able to access their accounts and view balances.
Coinbase has reassured users that account access will remain possible, and all funds will be safe during the upgrade. The company advises users to complete any essential or time-sensitive transactions before the maintenance period begins.
The upgrade is intended to improve platform efficiency and user experience. If there are any changes or delays, Coinbase will provide updates accordingly.
In addition to the systems upgrade, Coinbase has added three new ERC-20 tokens to its roadmap: QCAD, Sky, and USDS. The launch of trading for these tokens on Coinbase is contingent on market-making support and sufficient technical infrastructure. Coinbase will announce the launch of trading separately once these conditions are met.
Users are advised to plan accordingly, especially if they need to deposit or withdraw funds or execute trades around the scheduled upgrade period. It might be advisable for users to complete any urgent transactions before the Coinbase systems upgrade begins. Funds remain safe during the Coinbase systems upgrade, and full functionality is expected to resume once the process is complete.
- The cryptocurrency exchange, Coinbase, is upgrading its system on August 2, 2025, aiming to enhance platform efficiency and user experience.
- During the upgrade, users will still be able to access their accounts and view balances, but trading functions, deposits, withdrawals, transfers, and the Coinbase Card will be unavailable.
- Coinbase has added three new ERC-20 tokens, QCAD, Sky, and USDS, to its roadmap, with the launch of trading for these tokens contingent on market-making support and sufficient technical infrastructure.
- Users are encouraged to complete any essential or time-sensitive transactions before the maintenance period begins, as funds remain safe during the Coinbase systems upgrade, and full functionality is expected to resume once the process is complete.
