CGLD is migrating to CELO
The Celo (CGLD) migration, originally scheduled for January 16, 2025, has been delayed. Customers are no longer required to withdraw their CGLD balances by January 13, 2025. We will provide further updates about the migration timeline as they become available.
Updates on the migration will be sent by email and posted on Twitter.
What You Need to Know About the Migration
Celo (CGLD) is migrating from an EVM-compatible Layer 1 network to an Optimism stack Layer 2 via a hard fork. This upgrade intends to enhance efficiency and scalability for transactions.
Migration Delay: The deadline for withdrawing CGLD has been extended, and customers no longer need to take action immediately.
Future Announcements: The Celo team will announce the new timeline and additional details regarding the migration process soon.
Withdrawal Information
As of now, you do not need to withdraw your CGLD assets by January 13, 2025. You can leave your assets in your Coinbase Exchange account until further notice.
Please contact your Coinbase Exchange Account Manager or Coinbase Support for more details.