Major crypto exchange Coinbase appears to be operating smoothly even as Bitcoin sets a new price high above $41,000.
The United States-based crypto exchange is known for experiencing serious connectivity issues during periods of peak trading activity.
These disruptions have reportedly prevented traders from taking advantage of price gains and dips, robbing them of profit-taking and reentry opportunities.
With this in in mind, Coinbase recently acquired Routefire, a platform for enhanced trade execution as part of an effort to better handle periods of peak crypto trading activity.
The transaction appears to be paying off as Coinbase has yet to report any connectivity issues across its exchange platforms. The company did experience a minor service disruption last week but has already taken care of the problem.
Coinbase is not the only major exchange to suffer issues during Bitcoin price rallies. Binance also routinely goes offline when BTC prints major price gains.
Founded in 2015, Coinchapter.com has become one of the leading resources for the crypto asset community. Created by a small group of cryptocurrency enthusiasts, Coinchapter.com was built to provide new members of the crypto asset community with unbiased listings of cryptocurrency exchanges and retail options that would allow them to buy the crypto assets that they wanted, how they wanted and at the price they wanted.