Coinbase Withdrawal Delays Leave Users Frustrated, Weeping Foul – Bitcoin News
When you are dealing with platforms that are supposed to be the on-ramps to the money of the future it’s hard to accept worse voorstelling than the systems of the past. Unluckily, this an kwestie plaguing all major cryptocurrency exchanges at the uur with Coinbase being one of the leading examples right now.
San Francisco-based cryptocurrency exchange Coinbase is experiencing several disruptions to its regular business operations. According to the company’s status pagina, it is now facing transactions delays, wire processing delays and ID verification delays. Coinbase also reports users are getting degraded show for both bitcoin (BTC) and ethereum (ETH).
The Coinbase team blames all thesis problems on high traffic, high volumes and a need to cope with a backlog of transactions. This is te common with other exchanges all around the world who say they can’t treat the massive influx of fresh traders without causing operational problems. Also similar to the other trading venues, the Coinbase team promises they are working on adding extra resources to optimize their systems to scale.
While the Coinbase team is working on fixing the current issues and upgrading the exchange’s capability to treat more traffic te the future, users are going public with their suffering. The Coinbase Reddit forum is predominated by complaints regarding very long delays and a lack of decent answers for support. A few posters updated that the company processed their transactions only after they got a considerable amount of attention, suggesting it wasgoed done spil a PR budge.
Ter militar, users are calling on the company to take stronger deeds to resolve the situation, and chief among those to halt fresh client registrations were recently done by Binance, CEX.IO, Bitfinex, and Bittrex. Some higher profile members of the bitcoin community have even taken to social media to menace Coinbase with permitido deeds if their concerns are not met.
Have any latest exchange issues affected your trading? Let us know ter the comments section below.