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Ethereum increase in demand caused chaos at the Coinbase Exchange

Coinbase, the top platform in the US for  buying and saling digital coins, announced on Tuesday December 12, 2017, that transactions for Ethereum were temporarily unavailable. The problem was solved later and the main cause was of the large volume of transactions for the digital currency.

Earlier, a Coinbase spokesman said “the site has a high volume of traffic at this time, and for some users may be really difficult to make any transactions.” The Coinbase GDAX exchange website also reported that there was a server problem.

Ethereum increased on Tuesday to a new ultimate record of $ 750.32, according to CoinMarketCap, with the result of transactions for the digital currency to grow significantly due to its increased demand