Coinbase has officially confirmed that the problem with the buying and selling of bitcoin, which emerged yesterday, is eliminated. The Coinbase team took almost 7 hours to identify and fix the problem.
That Coinbase cannot perform operations on buying and selling bitcoin became known from the official tweet by the company:
[status] Investigating: A recurring issue with one of our processes is causing Bitcoin buys and sells to become tem… https://t.co/Zc5he85Q8h— Coinbase Support (@CoinbaseSupport) February 28, 2018
Despite the fact that the problem is solved, Coinbase yet made an official statements in social networks, the team also Coinbase continues to understand the causes of the problem.
Coinbase is experiencing periodic technical failures, for example, in January this year, the company suspended the transfer of funds in BTC. And in may 2017, the service has experienced a series of failures due to “unprecedented volume of traffic and trading volume”.