Coinbase is a very hot company right now and I think all of you know what coinbase is.
The company recently added a product update to explain what the future holds for this company
Addressing Recent Issues And Reports
The current year has been eventful for coinbase in many different ways and I see the biggest issue was about how the company got caught up in some troubles related to its Visa as hundreds of its users had complaints about using their payment cards.
Some of them got charged twice or more than twice for one specific transaction and this matter has been repeated with many of them more than one time and this is something that isn't acceptable and it seems that their visa will continue to crack down on all cryptocurrency activities for a nonspecific coming period of time to come.
Personally, I don't see that any of these issues came as a result of doing something wrong by the coinbase company itself but it's related to Visa & WorldPay.
Both companies are working on resolving the issues right now and most duplicate transactions have be reversed without problems but still have some other issues that need to be resolved in this regard and we should know that coinbase can do nothing toward these issues right now but keeping an eye on how things are going.
Also some users suffer from an extra fee when buying cryptocurrency through the exchange and we should also mention that this isn't a problem of coinbase itself and they are working with their card processing company to solve out this issue but this process may take more time than we think but the most important is that they are already working on it and unfortunately all users can do toward this is just giving reports to their banks and then it's up to the financial institutions to explain the situation or address it accordingly .
Buying cryptocurrencies with a payment card will always be a bit cumbersome but the current high fees make it unfavorable and may some users be entitled to a fee reimbursement and your individual mileage may vary in this regard.
Paypal Support Will Be Removed Temporarily
Also they provided an update regarding PayPal Support as many users are not impressed by the coinbase integration of paypal method. The option will be available for few weeks and after that, the paypal support will be taken offline and go through an entire revamp.
Finally, these was the recent updates related to coinbase with the date 21/02/2018
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