#Coinbase is no longer supporting DYP.#

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Overview

Coinbase has announced that it will be discontinuing support for DYP V2. All DYP holders are required to convert their DYP to DYP V2 by 7:00 PM (Beijing Time) on January 8, 2025. Failure to do so will result in the inability to trade DYP. Trading of Dypius (DYP) will be suspended by Coinbase around 3:00 AM (Beijing Time) on January 18, 2025. Users will need to use the DYP migration portal and compatible self-custody wallets to perform the conversion.

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Analysis

Coinbase has announced that it will discontinue support for the V2 version of Dypius (DYP) and will suspend trading of DYP around 03:00 on January 18, 2025. This is because DYP is migrating to DYP V2, which Coinbase will not support. All users holding DYP need to convert DYP to DYP V2 through the DYP migration portal and compatible self-custodial wallets before 19:00 on January 8, 2025, otherwise they will not be able to trade. This decision by Coinbase means that users need to complete the conversion of DYP to DYP V2 on their own, otherwise they will face the risk of being unable to trade.

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Coinbase will no longer support version 2 of Dypius (DYP), also known as DYP V2.

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DYP holders need to convert DYP to DYP V2 before 7:00 PM UTC on January 8, 2025, or they will not be able to trade DYP on Coinbase.

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Coinbase will suspend trading of DYP around 3:00 AM UTC on January 18, 2025.

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DYP holders need to use the DYP migration portal and compatible self-custody wallets to convert DYP to DYP V2.

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