Coinbase is one of the most well known cryptocurrency websites, and is widely used for buying, selling and exchanging the various cryptocurrencies
Indian citizens can open a Coinbase account, submitting the KYC documents.
While some users have withdrawn the balance to their indian bank account, it appears that the facility is not available at present
Members who wish to sell their cryptocurrency balance in their coinbase account are getting the message
"sales with this payment method are temporarily unavailable. Sorry for the inconvenience"
When a complaint was posted on Reddit, the user got a message that this problem was faced since 14 January 2023.
Coinbase claimed that they are investigating the IMPS withdrawal issue.
If users were aware of the withdrawal problem with Coinbase, and wish to withdraw money urgently, they would have used some other wallet.
If anyone has more information on this problem, please comment.