Coinbase is advising its customers to exercise patience following a series of transaction failures attributed to network congestion on the Base network.
Coinbase Reports Transaction Failures
Users of Coinbase Wallet and Coinbase.com have encountered intermittent disruptions. Indeed, some transactions are not being confirmed as expected. In response to these challenges, Coinbase has issued guidance. It suggested that users either wait for a resolution or attempt to resubmit their transactions on Coinbase.com.
“We advise that Coinbase Wallet customers wait for congestion to resolve before submitting transactions on the Base network,” the company stated.
This situation reflects the nature of blockchain networks, where congestion can lead to delays and transaction failures, affecting users’ ability to trade or move their cryptocurrencies.
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Coinbase’s proactive communication aims to mitigate customer frustration by providing clear instructions on how to navigate these disruptions. The firm’s reputation for reliability and customer service is on the line as it navigates through these network challenges.
This is a developing story…