BitcoinWorld

Black_background_logo_BitcoinWorld-removebg-preview
Blockchain News

Coinbase claims to have fixed the issue that prevented trades from American bank accounts

The cryptocurrency exchange Coinbase Global Inc. claimed that on Sunday night, technical issues that had kept users of U.S. bank accounts from making withdrawals or payments for the majority of the day were resolved.

The Automated Clearing House Network, or ACH, is a system that electronically moves money between bank accounts in the United States.

According to a previous Tweet from Coinbase, “technical issues creating ACH transfers” were to blame for the disruptions experienced by owners of U.S. bank accounts.

According to the business, user funds were secure and all users could still make direct purchases using a debit card or PayPal account.

Following a significant outage on the Solana network on Friday, Coinbase also announced that trading in Solana tokens on its platform had resumed as of Sunday night.

Avatar photo
My Name is Will. I'm a News/Content Writer and SEO Expert. I have good way of using good English construction to write credible articles ranging from News Articles to Creative Writing all around Cryptocurrency Industry. I have actively worked and still working with Crypto startups and have maintained credibility in the Cryptocurrency space.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.