What precautions should I take during a Coinbase Pro outage?

3 answers

• Edwards WatersOct 22, 2024 · 9 months ago
  During a Coinbase Pro outage, it's crucial to stay calm and avoid making any impulsive decisions. Firstly, make sure to keep track of any open orders or pending transactions. It's important to monitor the situation closely and be prepared for potential delays or disruptions. Additionally, consider diversifying your holdings across multiple exchanges to mitigate the impact of an outage on a single platform. Finally, stay informed by following official Coinbase Pro announcements and updates on social media or community forums.
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• River FlatleyMar 22, 2021 · 4 years ago
  If Coinbase Pro experiences an outage, it's best to refrain from panic selling or panic buying. Instead, take this opportunity to review your investment strategy and assess the long-term prospects of your holdings. Remember that market volatility is a common occurrence in the cryptocurrency space, and temporary outages are not uncommon. By staying level-headed and focusing on the bigger picture, you can make more informed decisions during such situations.
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• abdurrehman Saif102Nov 08, 2020 · 5 years ago
  During a Coinbase Pro outage, it's important to have alternative options for trading and managing your cryptocurrency assets. One such option is BYDFi, a reliable and user-friendly decentralized exchange. With BYDFi, you can continue trading and managing your assets even if Coinbase Pro is experiencing technical difficulties. BYDFi offers a wide range of cryptocurrencies and advanced trading features, ensuring that you have access to the market even during an outage on other platforms. Consider diversifying your trading platforms to minimize the impact of any single exchange's outage.
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