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 transitioned to a fully non-custodial, on-chain model. Trading and conversion features are no longer available.
Withdrawals remain open, and we encourage you to transfer supported assets to your new CoinList non-custodial wallet (or to other providers) to avoid paying custody fees.
For more information on how Trading, Staking, and other products are affected, please refer to our Next Evolution of CoinList Help Articles.
Withdrawals must meet both the minimum withdrawal amount and the required network fee. If the balance of the asset you are attempting to withdraw is below the minimum withdrawal threshold, it cannot be withdrawn. You can review the minimum withdrawal amounts here. This requirement applies to all assets on CoinList.
As part of our transition to a non-custodial model, trading and conversions are no longer available. This means you cannot add to or convert assets on CoinList to meet the minimum withdrawal requirement.
Will Fees apply to these withdrawals?
If the balance remains in your custodial account after custody fees begin, the fee will gradually reduce the balance over time until it reaches zero. It will not create a negative balance.
As shared in our November announcement, CoinList is going fully non-custodial and onchain.
Starting April 1, we will begin charging a monthly custody fee on all accounts with custodial balances (balances on https://old.coinlist.co). Non-custodial wallets will not have a fee.
In case you don't have enough to withdraw your assets, trading, conversion and deposits are no longer available. Custody fees apply to any custodial balances, including small balances that remain in the account. Withdrawals are only available if the balance meets the minimum withdrawal amount for that asset. If your remaining balance is below that minimum, it cannot be withdrawn.
If the balance remains in your custodial account after custody fees begin, the fee will gradually reduce the balance over time until it reaches zero. It will not create a negative balance.
As shared in our recent announcement, CoinList moved to a fully non-custodial, onchain model.
Due to this transition, withdrawals from old CoinList are not available for the following assets:
0G, AERO, APT, ASTER, AVNT, BNB, BONK, EFI, EFIL, ENJ, FLOW, HYPE, JUP, KMNO, MET, PYTH, S, TAO, XLM, XPL, XRP, ZRO.
Starting November 30, 2025, any remaining balances in these assets held in your CoinList wallet will be automatically converted to USDC on your behalf.
Conversions are being processed in batches. As a result, your balance may update at a different time than other users or other assets.
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, on-chain model.
As part of this transition, there will be several important changes to Staking and onchain offers:
Noncustodial means you control your wallet and your keys. Your assets sit in a wallet under your control, not in CoinList custody. CoinList does not have access to your funds.
Onchain means token sales, distributions, trading, and other activity will happen directly on public blockchains instead of inside a centralized custodial platform.
In short, you hold your own keys and stay in control of your assets at all times. For more context, see our blog post “The Next Evolution of CoinList”.
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.”