Coinbase Faces Major Service Disruption Affecting Core Transactions
Coinbase has confirmed that many users are currently unable to buy, sell, or transfer cryptocurrencies, signaling a significant disruption affecting core platform services.
Key Takeaways:
- Coinbase users report being unable to buy, sell, or transfer crypto assets.
- The disruption affects core trading and transaction functionality.
- The root cause has not yet been disclosed.
- Restoration efforts are currently underway.
The outage appears to impact essential trading and transaction functions, limiting users’ ability to execute orders or move funds during active market conditions.
BREAKING: Coinbase, $COIN, says many users currently unable to buy, sell, or transfer crypto. pic.twitter.com/HMZEoKlJAT
— The Kobeissi Letter (@KobeissiLetter) February 12, 2026
The company acknowledged the issue following a surge in user complaints about failed transactions and restricted account access. While Coinbase has not provided specific technical details, it stated that internal teams are investigating and working to resolve the problem as quickly as possible.
Market Impact and Investor Sensitivity
Platform outages during periods of active trading can have meaningful ripple effects across the broader crypto market. When traders are unable to manage positions or access liquidity, it can temporarily distort price discovery and increase volatility on other exchanges.
The disruption also comes at a delicate time for Coinbase’s publicly traded stock, COIN, which has already faced pressure amid broader digital asset market weakness. Operational reliability remains a key pillar of confidence for both users and shareholders, particularly as institutional participation in crypto markets continues to grow.
Users are encouraged to monitor Coinbase’s official status page and communication channels for real-time updates as the situation develops.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
