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Coinbase to Support MKR to SKY Token Migration in January 2026

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Coinbase will support the MKR to SKY token migration from January 12 to 14, 2026. Users with MKR in their Coinbase wallets will see the swap handled automatically. The migration is part of a token launch news update by the project. Trading, deposits, and withdrawals for MKR will be paused during the window. No fees will be charged, and the exchange rate will follow the official ratio. Users are urged to store MKR in their Coinbase wallet and avoid scams. This marks a new token listings event on the platform.

As per BitcoinWorld, Coinbase has announced it will support the MKR to SKY token migration from January 12 to 14, 2026. The migration will be handled automatically for users holding MKR tokens in their Coinbase wallets during the specified period. The process aims to transition assets to the new SKY token, a strategic upgrade by the project. Users are advised to ensure their MKR tokens are in their Coinbase exchange wallet before the migration window. Trading, deposits, and withdrawals for MKR will be suspended during the migration, and no fees are expected for the swap. The exchange rate is set by the project developers, and Coinbase will follow the official ratio. Users are warned to avoid scams and to only follow verified Coinbase communications.

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