29 Jul '17, 10pm

Coinbase Users Face Bitcoin Withdrawal Delays of 12 Hours or More

Coinbase Users Face Bitcoin Withdrawal Delays of 12 Hours or More

Coinbase is still one of the largest Bitcoin exchanges in the world today. How long that situation will last is anybody’s guess at this time. The company is dealing with multiple issues and negative press on social media. The latest incident involves Bitcoin withdrawal delays. Apparently, a lot of people are moving their funds off Coinbase in anticipation of the Bitcoin Cash hard fork. This causes a massive backlog for the company, resulting in delays of 12 hours or more. The past year has been both good and bad for Coinbase . On the positive side, they keep growing their customer base by leaps and bounds. No other exchange is so transparent regarding its growing user base. Then again, most exchanges don’t share this data in general, rendering any comparison pretty moot. The downside to a growing customer base comes in the form of more issues and delays. More specifically,...

Full article: http://www.newsbtc.com/2017/07/29/coinbase-users-face-bit...

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