Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets and are generally viewed unfavorably by traders.
Between March and November, the exchange recorded nine different issues leading to various types of outages or connectivity problems, although direct customer impact is somewhat unclear in some of the instances. The issues seemingly range in their degree of severity. The main status update posted by Coinbase during such times is: “Coinbase.com is experiencing connectivity issues.”
Four of these instances coincided with volatile Bitcoin price action, according to 30-minute price candles on TradingView.com.
On April 29, Coinbase reported connectivity issues. In an update to its status that was posted later, Coinbase.com appeared to have suffered issues…