Coinbase has issued a statement saying that it is working to fix issues that are plaguing users. transactions Processing transactions with US banks.
early today, users of transactions Experienced issues that caused withdrawals to failACH deposits and purchases. transactions It has now acknowledged the problem and said it is investigating.
The Coinbase statement says:
“We are currently unable to accept payments or make withdrawals from US bank accounts. Our team is aware of the issue and is working to get everything back to normal as soon as possible.”
transactions It is also recommended that users try alternatives like PayPal account or debit card if they want to make direct purchases from their account in the meantime.
it seems that transfers ACH isn’t the only problem currently plaguing Coinbase, Users have also complained about other issues on Twitter as to when they will be resolved.
Users reveal other challenges
Many users complained that no one has been able to access Solana on Coinbase, and a user he claimed That the transaction done on 1st October is still blocked.
Meanwhile, another user with complained that he is not able to use his Coinbase card to pay bills and asked when they would be resolved.
One user, John Morina, said:
“I don’t understand how CB continues to face tough times, not only with ACH payments, but everything always breaks down. It’s like you need band-aids and bilge wires to fix everything. make use of.”
Latest information Coinbase Status Shows US Bank Payment Problems, It has now been identified and they are currently implementing a fix. The exchange said it was looking into other issues raised by users.
recently, Coinbase shares faced selling pressure Wells Fargo revealed that the exchange faces increasing competition from the likes of FTX and Binance.
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