Coinbase said Wednesday it is investigating after users reported experiencing errors in buying and selling on the exchange, as well as seeing empty account balances.

<div><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/343/192/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/686/384/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1 2x"> <source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/672/378/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/1344/756/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1 2x"> <source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/931/523/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/1862/1046/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1 2x"> <source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/720/405/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/1440/810/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1 2x"> <img src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/06/931/523/Coinbase-cryptocurrency.jpg?ve=1&amp;tl=1" alt="Coinbase cryptocurrency" width="100%" height="auto"></picture></div> <div><p><span>FILE PHOTO: A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022.&nbsp;</span><span> (Reuters/Dado Ruvic/Illustration/File Photo / Reuters Photos)</span></p></div>

CEO Brian Armstrong said the platform was "dealing with a large surge in traffic" that crashed the exchange.&nbsp;

The issues occurred on the same day bitcoin crossed $60,000 for the first time.

<i>This is a developing story that will be updated.</i>

Coinbase users were hit with errors trying to make transactions on the exchange Wednesday, and some saw their account balances emptied amid a surge in traffic.{ai:summary}<p>Coinbase users faced errors in transactions, empty account balances. CEO cited surge in traffic causing exchange crash. Growing pains as bitcoin hits $60,000. #economy</p>

Coinbase users experiencing buying and selling errors, zero account balances

Loading...