Firstly, do not use an exchange as a storage wallet. Exchanges can halt transactions at anytime and they do that a lot when the price is going up or coming down sharply. Your non custodian wallet cannot lock your funds, meaning you can check around to know which platforms are available at the time you want to sell or buy and deposit into them.
P2P (decentralized) exchanges would also allow you trade at any point.
- Jay -
Topic: Coinbase struggling to keep up with volume. - page 2. (Read 245 times)
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?
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?
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