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Transactions pending and delayed on Coinbase on 1 August


Aug 01, 2017 Posted /  1794 Views


Transactions pending and delayed on Coinbase on 1 August

Transactions pending and delayed on Coinbase on 1 August

Coinbase customers are experiencing regular backlogs when withdrawing Bitcoins from their accounts. Majority of these customers are those who are trying to withdraw their bitcoins to change into Bitcoin Cash (BCC) or are looking to secure their funds in their wallets.


Customers are complaining that it is becoming more difficult to withdraw near the segwit activation day (August 2017) and some are experiencing delays of upto 12 hours in the process


Coinbase also suffered from a DDos attack on July 28 and went offline temporarily. Following the Bitcoin fork today, Bitcoin holders will have to choose between Bitcoin or Bitcoin Cash (the new bitcoin that will be generated)


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