It was recently reported that Coinbase, one of the most popular cryptocurrency exchanges, has been “shut down.” However, it appears that this is not the case.
Coinbase is not shut down. The rumor appears to have started because Coinbase was inaccessible for a short period of time on June 26th.
NOTE: This is a warning about Coinbase being shut down. While Coinbase may have experienced some technical difficulties in the past, it is not currently shut down. Any claims that Coinbase is shut down are false and should be treated as such. If you have any questions or concerns about your account, please contact Coinbase directly.
However, this was due to an issue with their website and not because the exchange has been shut down.
Coinbase is one of the most popular cryptocurrency exchanges and it is unlikely that they would shut down without any warning. If Coinbase does shut down, it would likely be due to some unforeseen circumstance such as a hack or government regulation.
Until then, Coinbase remains open for business.
4 Related Question Answers Found
Coinbase, one of the most popular cryptocurrency exchanges, is shutting down its professional trading platform, Coinbase Pro. The news was announced in a blog post on the Coinbase website, which stated that the decision was made in order to focus on the company’s core mission of building an easy-to-use crypto exchange. Coinbase Pro was launched in 2018 as a more advanced trading platform for cryptocurrency investors.
If you’re looking to cash out your Bitcoin, you’re in luck. Coinbase allows its users to withdraw their Bitcoin instantly. Here’s how it works:
Once you’ve chosen the amount of Bitcoin you’d like to withdraw, simply click on the “Withdraw” button.
It’s been about a week since news first broke that Coinbase had begun the process of disabling accounts associated with the controversial far-right website, The Daily Stormer. At the time, it wasn’t clear how many accounts were impacted or how long the process would take. We now know that Coinbase has disabled at least a dozen accounts and that the process could take up to a week.
When you make a purchase on Coinbase, the transaction is not complete until it is confirmed by the blockchain. This can take a few minutes, and during that time your transaction will show as pending. If you cancel a transaction that is pending, your funds will be returned to your wallet.