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Coinbase hits top spot on Apple’s US App Store despite struggling to handle bitcoin demand

Ignoring fresh worth rises for a 2nd, should you’ll be in a position to — there’s no higher signal of bitcoin fever than an app that permits you to achieve the cryptocurrency changing into one of the crucial downloaded app throughout the App Store.

That’s precisely what took place on Thursday when Coinbase, the $1.6-billion-valued corporate in the back of what’s arguably the field’s best-known business for changing fiat into crypto, hit the top spot without spending a dime apps in Apple’s U.S. App Store for the primary time as the cost of bitcoin rocketed previous $17,000 thank you by the use of a price leap of over 20 % in 24 hours.

The irony of Coinbase hitting the mainstream is that, for a large number of shoppers, the provider was once as soon as once in fact unavailable for massive parts of the day. The Coinbase app was once as soon as once placing for a large number of — making it inconceivable to test an account stability let on my very own achieve into The Next Great Bitcoin Rush — and its web-based provider didn’t fare any higher. The information superhighway web site was once as soon as once “down for maintenance” for massive chunks of the day, irritating customers looking to achieve, put it up for sale or simply get correct of get entry to to their account.

Things seems to have stabilized on the time of writing and, to be truthful to Coinbase, it wasn’t the one fiat-crypto business that buckled underneath the facility and its capability has obviously stepped forward very important since its final primary outage when bitcoin handed $2,000.

Still, it’s insane that an app can race to the top of the App Store despite no longer in fact functioning for a large number of customers that very day. But hello, we are living in a global the place one bitcoin is value north of $18,000 so ‘normal’ is popping into harder to outline.

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