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r/CryptoCurrency

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Coinbase has just blocked all users from selling.
Coinbase has just blocked all users from selling.
MISLEADING TITLE

Again and again, we’re shown why we shouldn’t trust CEX’s and why self-custody is so important.

Every Coinbase user is suddenly showing 0 balance or no balance in their wallet. Right after it pumps insanely the last couple hours. No one can sell. What convenient timing for this glitch to happen.

Self-custody is literally so important and this is why. Robinhood pt 2. These CEX’s don’t want us to make money, they want them to make money. I’m 90% in self-custody, but even just having the 10% I have on the Coinbase CEX blocked is just rage inducing. I didn’t even want to sell but it’s the principle. How dare they. Genuinely.

Edit: some users are suggesting it might be a traffic surge, which is a different but potentially valid explanation. I do really hope this is a genuine mistake. Either way it still emphasises the importance of self-custody.

It’s about the choice being yours.