Cryptocurrency Q&A Why is my Coinbase transaction failing today?

Why is my Coinbase transaction failing today?

SakuraSmile SakuraSmile Mon Dec 30 2024 | 7 answers 1107
I'm trying to make a transaction on Coinbase, but it's not going through. I don't understand why it's failing. Everything was working fine before, but today it's just not working. What could be the reason for this? Why is my Coinbase transaction failing today?

7 answers

Bianca Bianca Wed Jan 01 2025
Cancelled transfers can occur due to various reasons.

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Carlo Carlo Wed Jan 01 2025
If your bank detects that there are not enough funds to cover the transfer, it may cancel the transaction.

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MysticRainbow MysticRainbow Wed Jan 01 2025
One common reason is that Coinbase detected potential security concerns.

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CharmedSun CharmedSun Wed Jan 01 2025
When such concerns arise, Coinbase may cancel the transfer to protect users' funds.

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Maria Maria Wed Jan 01 2025
Another reason for cancellation is insufficient funds in your bank account.

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