can't send usdt from coinbase

Coinbase users are currently unable to transfer USDT to external wallets due to a maintenance-related suspension, impacting those relying on it for trading and fund transfers.

Oct 24, 2024 at 06:38 pm

Unable to Transfer USDT from Coinbase to External Wallets

Issue:

Users are unable to send USDT (Tether) from their Coinbase accounts to external wallets due to a recent issue.

Details:

Coinbase has implemented a suspension on USDT withdrawals for maintenance reasons.
The issue affects all USDT transfers from Coinbase to external wallets, including:
- Self-hosted wallets
- Exchange wallets
- Other third-party platforms
Withdrawals to fiat currencies and deposits are unaffected.

Impact:

Users who wish to transfer USDT out of Coinbase are currently unable to do so. This may cause inconvenience for those who rely on USDT for trading or transferring funds to other platforms.

Reason:

Coinbase has not publicly disclosed the specific reason for the suspension. However, it is likely related to a security update or system maintenance.

Estimated Resolution Time:

Coinbase has not provided an estimated resolution time. The duration of the suspension will depend on the severity of the issue and may vary.

Actions for Users:

Users who need to withdraw USDT urgently may consider exploring alternative platforms or using other cryptocurrencies.

Updates:

Coinbase will provide updates on the situation through its official communication channels. Users are advised to monitor Coinbase's Twitter account or support page for the latest information.

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