Coinbase Is Temporarily Down: Are User Funds Safe?

Some Coinbase users are currently experiencing a temporary disruption, leaving them unable to buy, sell, or transfer digital assets on Coinbase.com.

The issue, first reported by the platform on social media, has prompted concern among traders, though the company reassures customers that all funds remain secure.

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Temporary Service Disruption Leaves Coinbase Users Unable to Trade

Coinbase, the largest US-based crypto exchange, confirmed the disruption in a statement on its official Twitter support channel, noting:

The company emphasized that the outage is temporary and that there is no indication of any long-term risk to user accounts or funds. Updates will be provided as the investigation progresses.

Community trackers and crypto news accounts, including MilkRoad, quickly picked up the report, echoing Coinbase’s statement.

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While the cause of the disruption has not yet been disclosed, Coinbase’s quick acknowledgment reflects the platform’s growing focus on transparency amid increased scrutiny of crypto exchange reliability.

Temporary outages on exchanges, though relatively rare, can have ripple effects on trading activity and market sentiment, especially for high-volume users or during periods of heightened market volatility.

Some users have expressed frustration on social media, noting that being unable to execute trades temporarily could affect active positions. However, such disruptions are often resolved quickly and typically do not result in financial loss.

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Coinbase Q4 Earnings In Focus

The incident comes ahead of Coinbase’s earnings report, with the exchange scheduled to release its Q4 2025 and full-year 2025 financial results today, Thursday, February 12, 2026, after market close (US time).

The market sentiment ahead of Coinbase earnings is predominantly cautious to bearish in the short term, driven by expectations of a sequential decline in key metrics amid softer crypto trading volumes, lower asset prices, and broader market weakness.

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Analysts at Monness, Crespi, Hardt have also downgraded COIN stock amid predictions that Coinbase will struggle to meet Q4 earnings forecasts.

The downgrade reflects ongoing issues in digital asset trading and reduced visibility in near-term financial performance.

As of this writing, COIN stock was trading for $140.31, down by over 45% year-to-date. While revenue is likely to lag, long-term prospects remain intact.