Coinbase to pause LCX transfers for July 27-29, 2026 token migration

Coinbase will suspend LCX deposits and withdrawals during the swap window, automatically converting balances to the new token at a 1:1 ratio with no transaction fees.

Summary

Coinbase will temporarily disable LCX deposits and withdrawals from July 27 through July 29, 2026 to support the token’s migration to new infrastructure. LCX balances held on the platform will be converted automatically to the new LCX token at a 1:1 ratio, and Coinbase said no transaction fees will apply during the swap. The migration is tied to LCX’s effort to align its token setup with the European Union’s Markets in Crypto-Assets Regulation, or MiCA, which took effect on July 1, 2026. Kraken had already announced support for the transition on March 13, 2026. The update follows LCX’s July 15, 2026 acquisition of MasterDEX, a multi-chain decentralized finance platform intended to support LCX Liberty, the company’s new American DeFi product line.

Terms & Concepts
  • token migration: A move from one token setup or contract to another, typically requiring exchanges and wallets to update support.
  • MiCA: The European Union’s Markets in Crypto-Assets Regulation, a framework for regulating crypto-related activity in the bloc.
  • DeFi: Short for decentralized finance, blockchain-based financial services that operate without traditional intermediaries.