Coinbase is temporarily shutting off LCX deposits and withdrawals for a three-day window starting July 27 to facilitate a token migration. Existing balances will automatically convert to the new LCX token at a 1:1 ratio, meaning holders on the platform don’t need to lift a finger.
The migration window runs through July 29, 2026, and Coinbase has confirmed no transaction fees will apply during the swap. For a token trading at roughly $0.0207, even small friction costs would matter to holders, so the fee waiver is a practical move.
Why LCX is migrating in the first place
LCX, the Liechtenstein-based crypto exchange and tokenization platform, is updating its token infrastructure to comply with the European Union’s Markets in Crypto-Assets Regulation, better known as MiCA.
MiCA went into effect on July 1, 2026. Coinbase isn’t the first major exchange to back the migration either. Kraken announced its support back on March 13, 2026, giving LCX two of the largest Western exchanges endorsing the transition.
