Coinbase, Exchanges

Is Coinbase Currently Down?

Coinbase, one of the most popular cryptocurrency exchanges, appears to be down at the moment. Both the website and the app are currently inaccessible, with users seeing a “500 Internal Server Error” message.

This is not the first time that Coinbase has suffered from technical issues. The exchange has been plagued by outages and downtime over the past few months, much to the frustration of its users.

In December, for example, Coinbase was down for several hours due to a “system upgrade”.

NOTE: WARNING: Coinbase is not currently down. However, it is possible that you may experience intermittent service outages or other technical issues while using the Coinbase platform. If you do experience any issues, please contact Coinbase customer support immediately.

It is not clear what has caused the latest outage. However, it comes at a time when the cryptocurrency market is experiencing a lot of volatility.

Bitcoin, the largest cryptocurrency by market capitalization, has fallen by around 10% over the past 24 hours.

It is possible that the Coinbase outage is simply due to high traffic levels as investors panic sell their cryptocurrencies. However, until Coinbase releases an official statement, we won’t know for sure.

Update: Coinbase has now released a statement confirming that it is experiencing “unexpected downtime”. The exchange says that it is working on a fix and will provide updates “as soon as possible”.

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