Coinbase Users Locked Out: Unable To Buy, Sell, Or Transfer Crypto

San Francisco-based Coinbase is looking to up the ante when it comes to being bitcoin users' favorite wallet provider. Perhaps feeling pressure from Circle over on the East coast, Coinbase on Monday introduced a little something they're calling USD wallets. Initially available to clients residing in the states highlighted below (and listed at the bottom of this article), USD wallets will open the door to new possibilities when it comes to holding, acquiring, and selling bitcoin on the Coinbase service. Users are able to deposit their United States dollars into their Coinbase accounts and....

Coinbase has added support for ether, the digital currency that powers the ethereum blockchain. The announcement comes just two months after the startup, which has raised $117m to date, added ether trading to its bitcoin exchange service, at which time it also formally rebranded the platform, Global Digital Asset Exchange (GDAX). With the news, Coinbase users can now buy or sell ether from an ethereum wallet on their accounts, as well as its Coinbase Buy Widget, announced in June. Users can also buy and sell ether using all of Coinbase's available payment methods, including credit card and....

Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against the digital currency's price volatility. Users with euro, dollar or pound Coinbase accounts will be able to purchase or sell bitcoin directly on the company's website. Once their instant buy or sell order has been executed, the funds will be withdrawn from or credited to the users' local currency wallet. Coinbase said in a blog post:

Rather than storing their Bitcoin funds on the Coinbase platform itself, users can transfer the funds to CoPay and still enjoy all of the functionality offered by the exchange itself. BitPay has made it a bit more convenient for users to buy and sell Bitcoin through their Copay wallet. Although this feature requires the user to have a verified Coinbase account, this could be a very powerful merger of popular Bitcoin services. It is not the first time BitPay mentions exchange integration in their Copay multisignature solution, however, now we finally know which platform will be used. The....

Popular Bitcoin buying and selling center Coinbase has apparently halted Bitcoin buys for the day due to overwhelming demand, according to a Reddit user. The company states the following on their website. Due to higher than normal buy volumes, we are unable to provide exact price quotes right now. Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Nov 22, 2013 at 07:56AM PST. Note that you can cancel your order....