Trying to trade on GDAX? You can't. Neither can million of other people. The service is once again down.
However this time it was "technically" scheduled. You can reach the GDAX status page here which states the following:
Whereas schedule maintenance is understandable and sometimes necessary, Coinbase appears to be struggling to maintain the exchange lately as it gets bombarded with new customers and growth. This is a good problem to have, but seriously, it's also a bad problem to have if it keeps happening again and again.
Bitcoin hit $10,000 for the first time a few days ago and the onslaught of people rushing to buy took the exchange, and others, down. The demand hasn't lessened and Coinbase seems to be slacking a bit.
Perhaps this scheduled maintenance is something to alleviate this issue.
[accordion] [item title="Author and Credits"] Article by dinbits
Image Credits: Banner Image by dinbits.com staff