Coinbase, Exchanges

Why Is Coinbase Delaying My Transaction?

It’s been a little over a week since Coinbase announced that it would be adding support for Ethereum Classic (ETC) on its Coinbase Pro platform, and just a few days ago, the company revealed that it was also planning to offer ETC on its regular Coinbase platform (for non-professional traders). However, there’s been no update on when the actual launch will take place. Some users are beginning to wonder – why is Coinbase delaying my transaction?

One possible reason for the delay could be that Coinbase is still working on integrating Ethereum Classic into its systems. The process could be taking longer than expected, and the company doesn’t want to rush things and risk making mistakes.

Another possibility is that Coinbase is waiting for more ETC to be mined before it starts offering trading pairs. This would ensure that there’s enough liquidity in the market and that prices don’t become too volatile.

Of course, it’s also possible that Coinbase is simply taking its time to make sure that everything is set up correctly and that there are no potential problems with the launch. After all, this isn’t the first time that the company has delayed an crypto asset launch – remember when it took almost four years for Bitcoin Cash (BCH) to finally be added to Coinbase?

NOTE: Warning: Coinbase may be delaying your transaction due to a variety of reasons, such as network congestion, low transaction fees, or incorrect payment information. We recommend verifying all of your payment information is correct and ensuring that you are including an appropriate transaction fee before submitting your transaction to Coinbase. If your transaction continues to remain pending after doing this, please contact Coinbase Support for further assistance.

In any case, we should expect an update from Coinbase soon. In the meantime, those who are eager to start trading ETC can do so on other exchanges such as Binance or Kraken.

Why Is Coinbase Delaying My Transaction? – Conclusion

There could be a number of reasons why Coinbase is delaying the launch of Ethereum Classic trading pairs on its platforms. It could be due to technical difficulties, a lack of liquidity in the market, or simply because the company wants to make sure everything is set up correctly before going live.

We should expect an update from Coinbase soon.

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