Coinbase Users Locked Out: Unable To Buy, Sell, Or Transfer Crypto
An unexpected platform outage left customers temporarily unable to trade or move assets hours before Coinbase's scheduled earnings; the company says it is investigating and that funds are safe.
Cryptocurrency exchange Coinbase experienced an unexpected service disruption that left users temporarily unable to buy, sell, or transfer digital assets on the platform, a situation the company acknowledged on social channels and its status page [1][4].
The outage came just hours before Coinbase was due to report fourth‑quarter 2025 results and coincided with reports of trading halts for some users and a sharp slide in COIN stock; users also reported the interruption on Reddit as the company investigated the issue [1][2][3].
Coinbase said it was investigating the disruption and indicated customer funds are safe; the company has posted updates to its status channels as it works to restore services [4][1].
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Citations
Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.
- 1Coinbase Users Locked Out: Unable To Buy, Sell, Or Transfer CryptoBitcoinist• Feb 12, 2026
- 2Coinbase Halts Trading for Some Users as COIN Slides 15%Coinpaper• Feb 12, 2026
- 3Coinbase says users currently are unable to buy, sell, or transfer crypto.r/CryptoCurrency• Feb 12, 2026
- 4BREAKING: Coinbase Trading and Transfer Services Down – Company Issues StatementBitcoin Sistemi• Feb 12, 2026