Coinbase Delisting News: IoTeX (IOTX) Trading Suspends on September 23

Why Is Coinbase Delisting IoTeX on September 23 and What Happens Next?

A small IoT-focused token just got hit with big news. This Coinbase delisting news means IOTX trading will stop on one of the largest US exchanges, and traders are already asking what comes next.

Key takeaways

• Coinbase will suspend IOTX trading on September 23, 2026, around 2 PM ET, moving order books to limit-only mode first.

• IOTX trades near $0.0028 today, up over 11% in seven days and 22% in thirty days, even with the delisting news hanging over it.

• The token stays live on Binance and KuCoin, so holders keep a way to trade even after it steps back.

What Did Coinbase Say About the IOTX Delisting?

Coinbase posted the update on its X account, tied to its regular listing review process. The exchange said it will suspend IOTX trading on Coinbase.com, Coinbase Exchange, and Prime on September 23, 2026, around 2 PM ET. Before that date, the order book runs in limit-only mode, meaning traders can place and cancel limit orders, and matches may still happen, but market orders are off the table.

Source: X Post

The exchange did not name a specific reason in its post, though it pointed to its standing listing standards. Funds stay accessible, and withdrawals keep working throughout.

Why Does This Coinbase Delisting News Matter for IOTX Holders?

Coinbase carries weight in the US market as one of the few regulated venues available to American traders, so losing that listing narrows access for that group, even though the token still trades on Binance and KuCoin. This kind of exchange move often triggers short-term selling, since some traders exit ahead of a suspension rather than hold through it.

What Could the IOTX Price Do Next?

From the current $0.0028 level, a slide toward $0.0022 to $0.0024 looks plausible if selling picks up around the suspension date. A deeper drop toward $0.0017 to $0.0019 could follow if broader crypto markets weaken at the same time.

Source: CoinGecko Data

Demand tied to its DePIN and real-world AI use case could soften any drop, or even push price higher if buyers see the dip as a discount. These are scenarios, not guarantees, and actual price prediction and action will depend on wider market conditions.

How Does the Clarity Act Tie Into This?

The Digital Asset Market Clarity Act, the US crypto market structure bill, remains stuck in the Senate as of late August 2026, with a procedural vote set for September 15. If the act stalls again, regulatory uncertainty stays high right as the suspension lands, which could add extra pressure on smaller tokens like this. If it moves forward, clearer rules might ease some of that pressure over time.

Expert Opinion: Market analysts note that exchange delistings rarely reflect a project's technical progress alone; they often come down to volume, liquidity, and compliance checkboxes at the exchange level. For this, the combination of exit and an unresolved Clarity Act timeline creates a near-term overhang, even as the token's underlying network activity and multi-exchange presence provide some cushion against a sharp, sustained decline.

Conclusion

This Coinbase delisting news marks a real setback for US access to IOTX, but it does not end trading of the token elsewhere. The September 23 suspension, paired with an unresolved Clarity Act timeline, points to a choppy few weeks ahead, with both downside risk and room for recovery once the immediate pressure passes.

YMYL Disclaimer: This content is for general information only and is not financial, investment, legal, or tax advice. Cryptocurrency markets are highly volatile, and prices can rise or fall sharply within short periods. Always do your own research and speak with a licensed financial advisor before making any investment decision.