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Author Topic: Coinbase struggling to keep up with volume.  (Read 190 times)
Faisal2202
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March 01, 2024, 04:47:01 PM
 #21

Is there any way around this?

If i was to use advance trade and set sell limit orders for when a coin reaches a set price, will the order go through or will it not due to the exchange struggling?
That's so strange that you faced this issue, till now in my time in crypto I have not faced such an issue that my balance is showing zero, this is a waking call for you to change the exchange, there are plenty of other dexs and cexs that you can prefer to avoid such errors, and talking about limit orders, I can say that they will be executes once reaches.

But no one from here can ensure you 100% but the coinbase support or team can assure it, you should report this issue to them, and try to keep the app up to date, I don't use coinbase, but Binance and I never faced this issue there. And talking about trading volume it was not that much that exchange is not able to handle, I think its not a volume problem but might be an internal problem, technical one.

Saint-loup
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March 01, 2024, 10:57:08 PM
 #22

Crazy day today with Bitcoin pumping and now cooling off have just gone to check my coinbase account and its currently showing £0.00 total balance.

This has happened before during busy times and it just go me thinking what its going to be like when the bull run really does start and it comes to selling.

Its not ideal when you might want to sell a position but you cant because coinbase cant deal with the volume.

Is there any way around this?

If i was to use advance trade and set sell limit orders for when a coin reaches a set price, will the order go through or will it not due to the exchange struggling?
You should take a screenshot because it's a good promotion against CEX and storing funds at them, even the most reputed ones. People leave funds there in order to be able to sell them quickly or to buy other crypto assets swiftly with them if a good opportunity happens. But if glitches occur precisely when you want to take advantage of opportunities, it defeats this purpose and becomes useless. It just remains risky for nothing at the end.

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