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How can I buy Bitcoin when Coinbase is down?

avatarSundaySmokeyDec 17, 2021 · 3 years ago3 answers

What are some alternative ways to buy Bitcoin when Coinbase is experiencing downtime?

How can I buy Bitcoin when Coinbase is down?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    If Coinbase is down, you can consider using other cryptocurrency exchanges such as Binance or BYDFi. These exchanges offer a wide range of cryptocurrencies, including Bitcoin. Simply sign up for an account, deposit funds, and you'll be able to buy Bitcoin even when Coinbase is experiencing downtime. Remember to do your research and choose a reputable exchange with good security measures.
  • avatarDec 17, 2021 · 3 years ago
    When Coinbase is down, you can also try using peer-to-peer marketplaces like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to buy Bitcoin from individuals. Just be cautious and verify the reputation of the seller before making a transaction. It's always a good idea to use escrow services provided by these platforms to ensure a safe and secure transaction.
  • avatarDec 17, 2021 · 3 years ago
    In situations where Coinbase is down, it's important to stay updated on the status of the exchange. You can check Coinbase's official website or social media channels for any announcements or updates regarding the downtime. Additionally, consider using price tracking websites or apps to monitor the Bitcoin price and find the best buying opportunities. Remember, downtime can be temporary, so it's worth waiting for Coinbase to be back online if you prefer using their platform.