Coinbase outage caused crypto purchase issues, not an intentional ban

Coinbase outage caused crypto purchase issues, not an intentional ban

Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties. On Jan. 29, a number of Coinbase users reported issues with the platform’s buy and sell functions. The Coinbase difficulties arose just a day after Robinhood barred GameStop share purchases following surging prices on the stock. A recent blog post indicates the Coinbase difficulties arose from an outage, not a ban on trading. “Between 4:25am and 9:31am PST on Friday, January 29, had an outage,” Coinbase said in a post on Feb. 5. “During this time, many users experienced errors while attempting to....

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It most certainly is not just you. Popular bitcoin buying and selling house Coinbase appears to be down at the moment. It's unclear just what the issue is, but users trying to access the website are getting "This webpage is not available" and "bad gateway" messages. A number of users have taken to twitter to express their frustration, and Coinbase is yet to post anything regarding this downtime. The company did not immediately answer a request for more information on the outage from newsBTC. Relax, make a cup of coffee. They'll be back in business before you know it! Update, 4:17PM....

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