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July 9, 2022

Coinbase users can’t withdraw to bank accounts

Top crypto exchange Coinbase seems to have a major issue on its hands as it seems users are unable to withdraw there sold crypto to there bank accounts.

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Another user is reporting a delay of up to 3 weeks!!

https://twitter.com/Misinfo3030/status/1543214094672695298?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1543214094672695298%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.cryptopolitan.com%2Fcoinbase-users-unable-to-withdraw-to-bank%2F

Coinbase has since mentioned that they were looking into issues for its users and if your curious the of the current status of Coinbase can check there status page.

There’s a lot to take from this it does look like these issues have been fixed but as a safety precaution I recommend everyone to hold onto your crypto within a hardware wallet like a Ledger or a Trezor with the looming rumors of a possible Coinbase Bankruptcy be as safe as you can.