Coinbase delists STG and PYR on November 20, with the ZRO swap open until December 15

Coinbase's delisting of Stargate Finance (STG) and Vulcan Forged (PYR) takes effect on Friday, November 20, 2026, at 14:00 New York time, which is 20:00 in Central Europe. From that moment you can no longer buy or sell either token on Coinbase. If you hold STG or PYR there, you have two options until then: sell, or withdraw the tokens to a wallet of your own. STG comes with an extra twist, because the token is being retired anyway and can only be swapped into LayerZero (ZRO) until December 15, 2026.

Coinbase's notice cites its regular review of listed assets as the reason. A delisting is the removal of a token from an exchange's trading venue: the project carries on, but that exchange no longer offers a market for it. This guide sorts out the dates and recalculates the STG swap at today's prices.

Coinbase delisting on November 20: which tokens, what time, which platforms

According to a U.Today report dated November 7, based on a Coinbase notice, trading in STG and PYR ends on November 20 at 14:00 Eastern Time. The cut-off applies equally to the simple Coinbase app, Advanced Trade, Coinbase Exchange and Coinbase Prime. As a retail customer, the app and Advanced Trade are what matter most to you.

The deadline was originally set earlier. Older overviews named November 6 before Coinbase moved the end of trading to November 20. If you come across the earlier date in a forum or an older report, it is out of date.

The time in Central European Time

The US switched to winter time on November 1, Germany and the rest of Central Europe a week earlier. New York is therefore six hours behind Berlin. 14:00 Eastern Time equals 19:00 UTC and 20:00 in Central Europe. Do not plan your sale for the last minute: shortly before trading ends, the order book is often thin and the gap between bid and ask is wide.

Limit-only mode for STG and PYR: market orders are already blocked

The wind-down has already begun. On Coinbase Exchange the STG-USD and PYR-USD pairs now trade in limit only mode, while the bitcoin pair, for example, trades normally.

Limit only means the exchange accepts nothing but limit orders. A limit order is an instruction with a fixed price at which you want to sell at least or buy at most. Market orders, which execute immediately at the best available price, are blocked. In practice, a sale only goes through if someone accepts your price. Set the limit too high and the order simply sits there until it is cancelled on the cut-off date.

A practical tip for the app: if the simple sell button no longer works, switch to Advanced Trade. There you can place a limit order at a price of your choice. Use the current bid, the highest buy offer in the order book, as your guide rather than the last traded price.

Liquidity after the delisting: Coinbase is the largest STG market

How hard the delisting bites depends on how much trading runs through Coinbase. For STG it is the bulk. According to CoinGecko market data on Saturday evening, about $145,000 of roughly $243,000 in daily STG volume went through Coinbase Exchange, around 60 percent. Kraken followed with just over $71,000. All other venues, decentralised exchanges included, account for a small remainder.

Binance is not an alternative. The exchange stopped trading STG on October 6, 2026, and handled the swap into ZRO for its customers itself, as CryptoTicker reported on September 19 in its overview STG to ZRO: two deadlines, one fixed rate. With Coinbase, the second large market disappears within six weeks. For the remaining trade that means fewer buyers, wider spreads and greater reliance on a single exchange.

STG traded at about $0.12 on Saturday evening, roughly €0.109, almost 8 percent below the previous day. The entire crypto market is under pressure this weekend, so part of the decline has nothing to do with the delisting.

Stargate Finance and LayerZero: why the December 15 swap deadline only applies to self-custody wallets

Stargate Finance is a bridge protocol that moves tokens between different blockchains. The LayerZero Foundation acquired Stargate in 2025, and since then STG has been converted into the LayerZero (ZRO) token. Such a process is called a token migration: the old token is withdrawn, the new one remains, and a rate fixed in advance governs the conversion.

LayerZero named an end date for the first time on September 15, 2026. After December 15, 2026, conversions will no longer be supported. That deadline, however, only applies to tokens in a wallet of your own that you submit yourself via the official swap page. Exchanges set their own, earlier dates, as the Bitrue guide to the STG migration summarises.

Whether Coinbase will carry out the swap for its customers, as Binance did, is not clear from the reports so far. You should therefore not count on an automatic credit in ZRO. What counts is the message Coinbase sends you in your account or by email.

Two deadlines you must not mix up

• November 20, 2026, 20:00 Central European Time (19:00 UTC): end of trading in STG and PYR on Coinbase. No more selling on this exchange after that.
• December 15, 2026: last day to swap STG into ZRO with LayerZero, only for tokens in a wallet of your own.

So if you hold STG on Coinbase and want to do the swap yourself, you need to move the tokens to your own wallet before December 15. It is safer to do so before November 20, while Coinbase still fully supports the token.

Swap rate of 1 STG = 0.08634 ZRO: the discount to the market price has almost vanished

The exchange ratio has been fixed since the takeover proposal of August 2025: for one STG you receive 0.08634 ZRO. Its value moves with the ZRO price. In mid-September the swap was still about 32 percent below the market price of STG, as the calculation in CryptoTicker's article of September 19 shows.

Today the picture is different. Using CoinGecko prices from Saturday evening, ZRO at $1.36 and STG at $0.120, this is how 1,000 STG compare:

Route	Calculation	Value
Swap into ZRO	1,000 × 0.08634 = 86.34 ZRO × $1.36	about $117
Sale on the market	1,000 × $0.120	about $120
Difference	Swap versus sale	about 2 percent less

The gap has thus shrunk from about a third to a few percent, because the STG price has fallen further than the ZRO price. That can move either way by December. Recalculate on the day you decide, and do not forget network fees. With small holdings, the fee for withdrawal and swap on Ethereum quickly eats up more than the two percent difference.

What the comparison does not answer

The table only tells you which route yields more dollars today. Whether you want to hold ZRO at all is a separate question. Keep ZRO after the swap and you carry LayerZero's price risk instead of Stargate's. Sell and you are out, with cash in your account.

Vulcan Forged (PYR): after Binance, the gaming token loses its next trading venue

Vulcan Forged is a platform for blockchain games, and PYR is its token for payments and rewards. For PYR, Coinbase is already the second major exchange to drop trading. Binance removed PYR from spot trading on August 17, 2026, and withdrawals there were only possible until October 17. CryptoTicker compiled the deadlines at the time in Binance delisting on August 17.

Unlike STG, PYR trading does not depend mainly on Coinbase. According to CoinGecko, only about $23,000 of just under $490,000 in daily volume went through Coinbase Exchange on Saturday evening, around 5 percent. Most of it came from the South Korean exchange Bithumb, plus LBank, MEXC, BingX and KuCoin. Many of these platforms have no licence in the EU. PYR traded at about $0.012, having lost almost 17 percent in 24 hours.

If you want to keep trading PYR after November 20, you will therefore have to rely on exchanges outside the regulated EU framework. For investors in Europe, that is a reason to look closely. Our comparison of regulated crypto exchanges shows which providers operate with a licence.

Withdrawals after the trading halt: what Coinbase allowed in earlier delistings

In earlier delistings, Coinbase allowed tokens to be sent to an external address even after trading had ended. That was the case with the BUSD stablecoin in 2023 and with several altcoins since. For STG and PYR, the reports on the current round give no withdrawal deadline. Whether, and for how long, you can still withdraw the tokens after November 20 is therefore open.

Coinbase operates in the EU under a MiCA licence from Luxembourg's regulator CSSF, granted in June 2025. MiCA is the European regulation on markets in crypto-assets, which among other things obliges providers to inform customers clearly about changes to their offering. What an exchange has to do under MiCA when delisting is set out on the page on MiCA licence obligations for crypto companies. Even so, do not count on a withdrawal after the cut-off date if you want to swap the tokens yourself.

What to watch when withdrawing

STG and PYR are tokens on Ethereum and other networks. Before sending, check which network Coinbase pays out on and whether your destination wallet supports exactly that network. A blockchain transfer cannot be reversed. For larger holdings, send a small test amount first.

More Coinbase delistings in November: NEON, SYND and FORTH

STG and PYR are not alone. In the same round, Coinbase ends trading in Neon EVM (NEON) and Syndicate (SYND) on November 16, each at 14:00 Eastern Time, or 20:00 in Central Europe. For Ampleforth Governance (FORTH), the trading halt follows on November 23 at the same time. These pairs are already in limit-only mode as well.

If you hold one of these tokens, the same considerations apply: sell with a limit order or withdraw to your own wallet. What generally happens to tokens an exchange removes is explained in the guide Delisting on a crypto exchange.

STG and PYR on Coinbase: trading closes on November 20 at 19:00 UTC

Whether you sell, withdraw or swap depends on your entry price, how long you have held and whether you want to hold LayerZero. The order of steps is the same for everyone, though:

1. Settle where you trade. If you want to sell, place a limit order in Advanced Trade by November 20. If you want to keep trading STG or PYR afterwards, first check which crypto exchange lists the token and is licensed in the EU.
2. Prepare your own wallet. To swap STG into ZRO by December 15, you need a wallet that supports the withdrawal network. Which ones are suitable is shown in the software wallet comparison.
3. Keep records. Download your Coinbase transaction history while STG and PYR are still listed, and note the date and value of any sale or swap; how they are taxed depends on the rules in your country of residence.

(As of November 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)