Coinbase, a leading cryptocurrency exchange, has rescheduled its system upgrade to August 2, 2025 at 22:00 UTC.
Rescheduled Upgrade Timing
The system upgrade, originally planned for an earlier date, will now take place on August 2, 2025 at 22:00 UTC, managed by Coinbase’s executive and engineering teams.
Impact on Trading
All tradable assets on the platform will be temporarily unavailable during the update, which means a halt in trading activities, including custody transactions and Coinbase Card payments.
Anticipated Consequences
The upgrade is expected to cause a brief delay in transactions across various platforms; however, such maintenance work historically does not lead to material adverse effects. Users should prepare for a temporary suspension of asset interactions.
The rescheduling of Coinbase's system upgrade aligns with the platform's ongoing optimization efforts. Users are advised to plan their transactional needs around the scheduled upgrade window.