ChainThink report, October 14, Coinbase Markets tweeted that Coinbase Exchange will carry out a technical system upgrade at 22:00 Beijing Time on October 25. During this time, all trading services on the simple trading and advanced trading pages of the website, as well as Coinbase Exchange and Coinbase Prime, will be suspended. All transfer services on the Coinbase Exchange will be suspended, and any ongoing transfers will be delayed.

This downtime maintenance will be divided into two phases. The entire process is expected to take up to 4 hours, although this estimate may vary. Phase one: technical system upgrade (expected to take up to 2 hours). Phase two: restart of the trading system (expected to take up to 2 hours, with the exact duration possibly extended depending on market conditions).