Coinbase, a Nasdaq-listed cryptocurrency exchange, is still said to have some systemic issues after a major connectivity issue.
Coinbase Support officially announced that brokerages on Coinbase and its Coinbase Pro trading platform were unavailable on Tuesday due to connectivity issues on both platforms.
“This can lead to bad deals, transaction delays and unexpected behavior on the website and mobile apps,” said Coinbase.
The stock exchange said that it has solved the problem from kl. 02.00 UTC November 24, since the issue no longer affects Coinbase products and services. According to Coinbase’s incident history and scheduled maintenance, it took the company less than two hours to fix the problem.
A number of Internet users immediately expressed their anger over the platform’s recurring connectivity issues, with some observers noticing that Coinbase faced a similar issue just a month ago. Several users have linked Coinbase “connectivity issues” to coin collecting, including Shiba Inu (SHIB), GYEN and Crypto.com (CRO).
According to CoinGecko, after Coinbase published a CRO on its platform in early November, the token rose more than 300%. Due to the status of Coinbase, GYEN has not been available for purchase, sale and trading on Coinbase since Friday due to technical reasons.
Some Coinbase users reportedly continue to experience problems with the platform after the stock exchange reported that the problem had been resolved.
“I wake up and the next day Coinbase is still down. Imagine being sued if the stock market is really bad,” said a Coinbase user.
Another alleged customer wrote on Twitter: “It has been 24 hours and Coinbase is still down.”
While the Coinbase support team still accepts complaints from new users on Twitter, the exchange has refused to give Cointelegraph more details about the problem or the causes. “We had trouble connecting to Coinbase.com and Coinbase Pro. It’s settled now,” said a Coinbase spokesman.
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Tesla CEO Elon Musk recently expressed his support for crypto holders who transfer funds from centralized exchanges to protect their assets. “Any cryptocurrency wallet that does not give you your private keys should be avoided at all costs,” Musk said earlier.