Hacker News Reader

I've just been trying out Coinbase recently and I'm pretty annoyed with them. For one, Canadians can't sell & withdraw money, and their buy/sell limits are ridiculously annoying. On top of this, their fees are very expensive and just right now, they have an outage in the middle of an important news. This is like failing at all the core important bits.

Is there a more serious thing than Coinbase that exists?

Gemini.com (interestingly, also owned by Winklevoss)

Kraken.com?

+1 for Kraken, their track record is excellent

https://status.coinbase.com/

What a lovely shade of red, it really matches the charts!

Coinbase/GDAX is incredibly unreliable during "big news" moments like this. Time and time again this happens, and they haven't quite figured out their scaling issue yet.

It's especially aggravating as a trader, because these big price swings are exactly the time you want to get some trades in.

During the chaos, Gemini (also owned by Winklevoss) had no issues.

Was just going to say the same thing. Looks like everyone is rushing to sell.

Or rushing to buy.

I mean, by definition, it has to be both.

It has to be both for trading to take place, but either on its own could overwhelm an insufficiently robust platform.

Good point.

wow, that's really bad.