coinbase can't accept terms

Coinbase has temporarily halted account creation due to a technical issue affecting new users' acceptance of terms, assuring existing users their funds are safe.

Oct 25, 2024 at 02:51 am

Coinbase Blocks Access Due to Acceptance Issue

Major cryptocurrency exchange Coinbase has temporarily suspended account creation for new users, citing an issue with the acceptance of terms and services.

Background:

1. Coinbase is one of the world's largest cryptocurrency exchanges, known for its user-friendly interface and wide selection of cryptocurrencies.
2. To use Coinbase, users must create an account and agree to its terms of service.

Issue:

1. Coinbase recently encountered an issue that prevented some new users from accepting the terms of service.
2. As a result, these users were unable to complete the account creation process.

Impact:

1. New users were temporarily unable to access Coinbase services.
2. Existing users were not affected.

Steps Taken by Coinbase:

1. Coinbase acknowledged the issue and apologized for any inconvenience caused.
2. The company suspended account creation until the issue is resolved.
3. Coinbase assured users that their funds were safe.

Current Status:

1. Coinbase is working on resolving the issue.
2. New users are advised to check back later to create an account.

Timeline:

1. The issue was first reported on [date].
2. Coinbase has not provided an estimated time for resolution.

User Reaction:

1. Some users expressed frustration at the inconvenience.
2. Many users remained supportive of Coinbase, understanding that technical issues can occur.

Conclusion:

Coinbase's temporary suspension of account creation is a precautionary measure taken to address an issue affecting new user acceptance of terms. The company is committed to resolving the issue and restoring full functionality as soon as possible. Users are advised to stay informed through official Coinbase channels for updates on the situation.