Celo (CGLD) L1 blockchain is migrating to Celo L2 on January 16, 2025. Coinbase will not be supporting this migration.
Due to migration by hard fork, all customers must either transfer CGLD to a supporting self-custody wallet, sell CGLD, or convert CGLD for another asset by January 13, 2025. Any CGLD remaining on the Coinbase platform after January 13, 2025 will become inaccessible.
Updates on the migration will be sent by email and posted on Twitter.
In the mobile app, select Transfer. If you’re using a web browser, skip to step 2.
Select Send crypto, then CGLD.
Other wallets and exchanges list the Celo L1 network as CELO.
Find the QR code or crypto address to the supporting self-custody wallet of your choice.
Enter the information.
Select Continue.
Enter the amount you'd like to send.
You can toggle between the cash or crypto amounts.
If you're not sending to a user's email or phone number, select the CELO network.
Leave a note (optional), then select Preview and review the transaction details.
Choose Send now.
If prompted, enter the security code sent to one of your trusted devices.
In the mobile app, select Buy & Sell. If you’re using a web browser, skip to step 2.
Select Sell, then CGLD.
Update the To destination if needed.
This defaults to your local currency balance (USD) but you may have the option of adding to another balance (e.g., USDC).
Select Review order.
Choose Sell now to complete the sale.
Once the transaction is complete, the funds will be available in your cash balance.
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