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Coinbase is currently having massive, even crippling problems with deposits and withdrawals(on-chain activity) on Polygon, with transaction delays lasting days still without a fix. Coinbase has acknowledged the issue on their status page

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by COINS NEWS 117 Views

Coinbase is currently having massive, even crippling problems with deposits and withdrawals(on-chain activity) on Polygon, with transaction delays lasting days still without a fix. Coinbase has acknowledged the issue on their status page

There's been an absolute deluge of customer complaints with Coinbase surrounding deposits and withdrawals on Polygon. The issues seemed to be limited to Polygon but are quite severe. The issues definitely seem to be Coinbase as on-chain(Defi) and non-Coinbase CEX Polygon transactions seem to work fine. Customers complain about having to wait many hours and counting, as their Polygon transactions are not being processed. Some users have hit at least the 48+ hour(2 day+) mark and still have not seen their issues resolved. They all seem to be stuck on pending. Any interaction with customer support seems to simply yield the same mostly-standard non-answer-type reply. Something about it's being investigated.

https://preview.redd.it/hlgjo4m9100b1.png?583&format=png&auto=webp&s=6664f5d699b061832aeca34a019978b86487bf1d

https://preview.redd.it/j384jr6c100b1.png?593&format=png&auto=webp&s=6957b71706af9aad94fa613c4d1496b7c8bdb507

https://preview.redd.it/a55z99kf100b1.png?596&format=png&auto=webp&s=e8562aa43aa9af12264900749afdedfb2dbc219e

https://preview.redd.it/lfl3w2xg100b1.png?615&format=png&auto=webp&s=d97f16b73069e55d6dbcbb9e8cdfcb1df35eda9f

Interestingly, the Coinbase status page does indeed indicate that Polygon network has delayed transactions. The status page indicates the issue is nearing it's second full day of being present, but it's likely that users are right in experienceing delays for over 48 hours as exchange status pages are often slow to update, doing do only a good while after the issue has truly begun. It also indicates that Stellar network is also experiencing issues for 5 days. DESO has been having issues from weeks.

https://preview.redd.it/lcp9ck87100b1.png?859&format=png&auto=webp&s=805ab9d02cfaa4973f8329a5feb8979706c857ef

https://preview.redd.it/yyws68mc300b1.png?850&format=png&auto=webp&s=f713509daba317576cedb0c4242d6f96b22d6016

submitted by /u/OneThatNoseOne
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