Coinbase Customers Suffer from Delays spil Withdrawal Period Completes – Bitcoin News

Coinbase Customers Suffer from Delays as Withdrawal Period Ends - Bitcoin News

Overheen the past few days the bitcoin verhoging Coinbase has bot experiencing some significant withdrawal backlog from customers attempting to budge their bitcoins ter order to obtain bitcoin metselspecie (BCC) after a possible network fork. Since the company stated it would not support the BCC blockchain, and associated token many customers have bot scrambling to withdraw. Now the time to withdraw from Coinbase and other exchanges has officially ended.

Spil the Bitcoin Fork Approaches Coinbase Customers Complain About Withdrawal Delays

It seems it’s bot a difficult few days for the bitcoin exchange Coinbase spil the company has bot processing a loterijlot more withdrawals lately due to the upcoming August 1 fork. Overheen the past duo of days, customers have bot complaining of twelve-hour delays to get their funds off the podium. Coinbase addressed the problem a few times via Twitter stating,

Were experiencing delays due to a large number of bitcoin withdrawals. All funds remain secure. Wij understand this is frustrating for customers and will proceed our efforts to process all thesis withdrawals spil swiftly spil possible.

Withdrawals delays began a few days ago for Coinbase.

Coinbase and Many Other Bitcoin Exchange Withdrawal Periods Have Ended

Furthermore, the San Francisco based company suffered from a DDoS attack on July 28 and temporarily went offline. When viewing the Coinbase instrumentenbord customers are greeted with a warning about the company not supporting the bitcoin specie currency. The postbode warns clients that if they wish to access both bitcoin (BTC) and bitcoin contant (BCC) need to withdraw before Ten am PT, July 31, 2018.

Coinbase announcement via Twitter.

Coinbase and its associated exchange GDAX wasgoed one of the very first companies to explain that it would not support BCC. Ter fact, the GDAX exposed this information a while ago on July Nineteen when many other exchanges not supporting BCC have just announced their plans overheen the past few days. Because Coinbase has such a large customer coj√≠n, there’s bot a lotsbestemming more complaints directed at their business and customer support.

Following the fork, those who leave funds on exchanges that don’t support bitcoin metselspecie like Coinbase, Bitstamp, and a few others will not be able to access tokens on the other chain after the fork lodges. Spil of now Coinbase and almost every other exchange have officially shut down deposits and withdrawals for the next 12-36 hours so users who want BCC and hold funds on thesis specific exchanges will not be able to withdraw or rechtsvordering those funds.

What do you think about the withdrawal backlog Coinbase has experienced overheen the past duo of days? Let us know what you think ter the comments below.

Photos via Shutterstock, Coinbase instrumentenbord, and Twitter.

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3 Responses

  1. MS1211 says:

    Welp, it looks like Coinbase is going to credit the BCS after all the complaints from people who didn’t take their funds out te time. People are truly fortunate that they are doing this.

  2. leah123 says:

    Coinbase said they would be issuing the fresh bitcoin cashes for those who held bitcoin at the time of the fork.

  3. firelite30 says:

    I think they said by January 1, 2018…so hopefully bitcoin specie’s blockchain suspends around at least long enough for people that have money ter coinbase

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