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Breaking Coinbase Asks Customers to Wait After Reporting Transaction Failures

1 min
Updated by Bary Rahma
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In Brief

  • Coinbase advises patience due to transaction failures.
  • Users should wait or retry transactions on Coinbase.com.
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Coinbase is advising its customers to exercise patience following a series of transaction failures attributed to network congestion on the Base network.

Coinbase Reports Transaction Failures

Users of Coinbase Wallet and Coinbase.com have encountered intermittent disruptions. Indeed, some transactions are not being confirmed as expected. In response to these challenges, Coinbase has issued guidance. It suggested that users either wait for a resolution or attempt to resubmit their transactions on Coinbase.com.

“We advise that Coinbase Wallet customers wait for congestion to resolve before submitting transactions on the Base network,” the company stated.

This situation reflects the nature of blockchain networks, where congestion can lead to delays and transaction failures, affecting users’ ability to trade or move their cryptocurrencies.

Read more: Coinbase Review 2024: The Best Crypto Exchange for Beginners?

Coinbase’s proactive communication aims to mitigate customer frustration by providing clear instructions on how to navigate these disruptions. The firm’s reputation for reliability and customer service is on the line as it navigates through these network challenges.

This is a developing story…

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Bary Rahma
Bary Rahma is a senior journalist at BeInCrypto, where she covers a broad spectrum of topics including crypto exchange-traded funds (ETFs), artificial intelligence (AI), tokenization of real-world assets (RWA), and the altcoin market. Prior to this, she was a content writer for Binance, producing in-depth research reports on cryptocurrency trends, market analysis, decentralized finance (DeFi), digital asset regulations, blockchain, initial coin offerings (ICOs), and tokenomics. Bary also...
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