when

<a href="https://bitcoinworld.co.in/coinbase-on-top-of-it-despite-withdrawals-not-processing-for-users/" title="Coinbase ‘On Top Of It’ Despite Withdrawals Not Processing For Users" rel="noopener noreferrer nofollow"></a>
Coinbase users claim they can’t make withdrawals of their funds from the world’s second largest exchange despite it announcing it had ‘fully recovered’ after a system-wide outage.
The platform suffered the three-hour-long outage on Monday but in the early hours of Tuesday, it <a href="https://status.coinbase.com/incidents/xdkg69x2mfgz" rel="noopener noreferrer nofollow">claimed</a> to have resolved the problem and apologized for the inconvenience.&nbsp;
However, a slew of users on X (formerly Twitter) have responded to the recovery announcement claiming that they still can’t withdraw their funds.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Coinbase is now fully recovered. We appreciate your patience and apologize for the inconvenience. <a href="https://t.co/AAzEMPaJGL" rel="noopener noreferrer nofollow">https://t.co/AAzEMPaJGL</a>
 — Coinbase Support (@CoinbaseSupport) <a href="https://twitter.com/CoinbaseSupport/status/1790284475055669684?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 14, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
According to one user, “It’s not fixed, withdrawals are not available!!,” while another posted “@X can we get community notes here. This tweet is false as millions of people are still unable to withdraw or transfer their assets.”
See Also: <a class="row-title" href="https://bitcoinworld.co.in/coinbase-resumes-operations-following-four-hours-system-outage/" aria-label="“Coinbase Resumes Operations Following Four Hours System Outage” (Edit)" rel="noopener noreferrer nofollow">Coinbase Resumes Operations Following Four Hours System Outage</a>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Hi there! We're aware that some users may still experience issues when sending crypto or withdrawing fiat. We're actively looking into this and will keep you posted through our status page: <a href="https://t.co/mW4zzTb0Mr" rel="noopener noreferrer nofollow">https://t.co/mW4zzTb0Mr</a>
 We appreciate your understanding as we work to resolve this. ^JE
 — Coinbase Support (@CoinbaseSupport) <a href="https://twitter.com/CoinbaseSupport/status/1790357941796655469?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 14, 2024</a>
</blockquote>
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Coinbase told users, “We are aware that some users may still experience issues while sending cryptocurrency or withdrawing fiat. Our team is on top of it.”
The latest ‘degraded transactions’ update from the exchange’s status page was <a href="https://status.coinbase.com/incidents/dgth3ht32rgs" rel="noopener noreferrer nofollow">posted</a> at 02:58 PDT, and said, “We are continuing to investigate this issue.”
When asked to explain the situation, Coinbase told Protos, ”Some users may still experience failures when sending crypto or withdrawing fiat.”
“We are continuing to investigate this issue and will provide an update shortly. Rest assured, funds are safe.” Coinbase failed to comment further on what caused the previous outage.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
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The post <a href="https://bitcoinworld.co.in/coinbase-on-top-of-it-despite-withdrawals-not-processing-for-users/" rel="noopener noreferrer nofollow">Coinbase ‘On Top Of It’ Despite Withdrawals Not Processing For Users</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Coinbase ‘On Top Of It’ Despite Withdrawals Not Processing For Users

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