What does “fully noncustodial and onchain” mean?

Karma, in its current form, has been turned off. You can no longer claim new Karma or increase your Karma tier.

As we move CoinList fully onchain and non custodial, we are giving Karma a full rethink. The current program is paused while we design the next version.

We took snapshots of everyone’s Karma history and tiers.

This means:

• Your past Karma activity and tier have been saved.

• Your Karma Score is not lost, even though claiming is no longer available.

The snapshot preserves your history so it can be used in the future if needed.

We are rethinking Karma for the new onchain CoinList experience. The team is already working on what comes next, and we expect big updates next year.

We will share details about the future of Karma, and how the snapshots of your Karma history and tier may be used, in a future announcement and in our Help Center.

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model. During this transition, deposits into CoinList wallets are currently unavailable. We will notify users once new onchain deposit options are available.

For more details on how deposits, withdrawals, trading, and other products are changing, please see our Next Evolution of CoinList Help Center articles.

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model.  As part of this transition USD balances will no longer be supported. 

We will automatically convert your remaining USD balance to USDC at no cost. Conversions will start on November 25, 2025 and finalize by December 1, 2025.

If you currently hold USD in CoinList custodial wallets:

• You do not need to submit a request for this conversion.

• You will receive a notification once your USD has been converted to USDC.

• You will be able to transfer your USDC to your new self-custodial wallet on CoinList in the coming weeks, once it becomes available.

• You can also withdraw your USDC off platform at any time, today or after the transition.

For broader context on how deposits, withdrawals, trading, and other products are changing, please see our Next Evolution of CoinList Help Center articles.

As shared in our recent announcement, CoinList is moving to a fully non-custodial, on-chain model.  As part of this transition, there will be several important changes to Staking and onchain offers:

• Staking and onchain offers will wind down by November 30, 2025. We’ll introduce non-custodial ways to participate in these opportunities next year.
• Final rewards for assets currently enrolled in autostaking (AXL, SOL, CSPR, SUI) and onchain offers (LBTC, USDe, weETH, wstETH) will be paid out by November 30.

We are reviewing the best path for future token unlocks and distributions as we move toward a non custodial model. Our primary focus is to ensure a smooth and secure process for users who are still awaiting tokens. Every user will receive the tokens they are entitled to.

We will provide clear instructions once the plan is finalized.

CoinList is going fully noncustodial and onchain. We are simplifying the product to focus on one core job: helping people access high quality token sales and receive tokens directly into wallets they control. 

Instead of holding assets in CoinList custody, you will use noncustodial wallets where you hold your own keys and control your funds. Later this year, we will introduce these noncustodial wallets in partnership with Privy. 

If you currently hold assets in CoinList custody, we will make migrating them simple and safe.

You will receive emails about product changes that affect you, and we will keep our Next Evolution of CoinList Help Center articles updated as new features roll out.

For more information, please see our blog post “The Next Evolution of CoinList.”