There have been numerous reports of issues with Coinbase, a popular online platform for cryptocurrency trading, as of February 28, 2024.
Users are eager to get more information about the cause of the outage that has affected thousands of customers.
On February 28, 2024, users started to experience difficulties accessing their account balances on Coinbase. Concerned customers have been turning to Downdetector to share their problems with the digital trading platform, with reports starting to come in around noon.
According to Downdetector, 75 percent of users are facing issues with the app, 22 percent are encountering problems with the website, and three percent are struggling with transfers. The U.S. Sun has reached out to Coinbase for a response.
Coinbase Support took to social media to inform users about the ongoing problems and how they can check the status of the trading company. They assured users that their assets are safe and that the team is investigating the issue.
If you suspect that your Coinbase account is down, you can visit the link provided on the Coinbase Support page to track the incident.
Coinbase is a publicly traded US company that operates an online platform for trading cryptocurrencies.
Established in May 2012 by CEO Brian Armstrong and Fred Ehrsam, Coinbase aims to provide a trusted space for individuals and businesses to buy, sell, and manage cryptocurrencies.
According to Coinbase’s website, the company believes in economic freedom through the fair participation of individuals in the economy.
They are dedicated to updating the financial system by offering a reliable platform for various crypto-related activities like trading, staking, safekeeping, and global transfers.
As the crypto community continues to grow, Coinbase advocates for responsible regulations to make the benefits of cryptocurrency accessible worldwide. Stay updated on the situation by visiting the provided link to track any ongoing issues with Coinbase.
