Due to high transaction volumes, we are currently working through a backlog of outgoing BTC and ETH transactions. Customers sending these assets from Coinbase to an external address may experience a delay before the transaction appears on the blockchain. Deposits, buys, and sells are unaffected by this incident.
Customers should anticipate the following wait times:
- BTC: up to 72 hours
- ETH: up to 5 hours (reduced from 12–36 hours)
Our team is working to add resources and optimize our system so that we can process transactions more quickly. We apologize for any inconvenience this may cause.