The users of one of the largest cryptocurrency exchanges will encounter issues this weekend. This article will explore the reasons behind the disruptions and provide essential information.

Problems Expected at Coinbase This Weekend?

The leading US cryptocurrency exchange, which has over 100 million users, announced on X that it will be temporarily offline on October 25 at around 7 AM PT for a scheduled systems upgrade.

“All trading (except perpetual futures on INTX) across Coinbase.com (Simple and Advanced Trade), Coinbase Exchange, and Coinbase Prime will be unavailable. All transfers will be unavailable on Coinbase Exchange, and any in-flight transfers will be delayed,” the announcement states.

The company’s team advised users to follow its official account on social media for updates and promised to post reminders and details on a designated website.

Some users expressed frustration regarding the timing of the upgrade over the weekend, while others noted that such outages are becoming routine.

Additionally, it’s important to note that Binance, the largest cryptocurrency exchange, recently experienced a significant disruption. During a market crash on October 10, numerous users reported errors and technical issues, making it difficult to place orders.

Following that event, Binance established a multi-million-dollar fund to reimburse clients affected by the operational hurdles, attributing the problems to sharp market fluctuations.

Recent Listings by Coinbase

Earlier this month, Coinbase placed Binance Coin (BNB) on its roadmap, indicating potential official listings of cryptocurrencies that meet certain criteria. This decision was somewhat unexpected, given that BNB is the native token of Coinbase’s largest competitor, Binance.

Despite the controversies, Coinbase added support for the asset on October 22, confirming its availability on the platform, including its application and Coinbase Advanced.

“The opening of our BNB-USD trading pair will begin when liquidity conditions are met in areas where trading is supported,” it stated.

Other recently listed cryptocurrencies on the exchange include aPriori (APR) and Meteora (MET), while trading for Freysa (FAI) and Moonwell (WELL) perpetual contracts was suspended.