Common Reasons for Coinbase Transaction Failures
Insufficient Funds
Transactions may fail if your account balance is insufficient to cover the transaction amount, including applicable fees. Always ensure you have enough cryptocurrency or fiat funds before initiating a transaction.
Network Congestion
Cryptocurrency networks, such as Bitcoin or Ethereum, can experience delays or failures during high-traffic periods. These delays are usually temporary but can disrupt your transaction.
Account Verification Issues
If your account hasn’t completed the required verification steps, Coinbase may block certain transactions to comply with security and regulatory standards.
Technical Glitches
Occasional platform errors or app bugs can cause transactions to fail. Regular updates and clearing your app cache can help prevent these issues.
Payment Method Problems
Transactions funded by linked payment methods, such as credit cards or bank accounts, may fail due to declined payments or outdated billing information.
Security Flags
Coinbase may flag or block a transaction if it appears suspicious to protect users from potential fraud or unauthorized access.