Update 1/18: It is still displaying a temporary outage banner over 24 hours later.

How can it even be legal that a company that does what coinbase does fails to set up to handle high traffic, over the course of years. It almost never fails, if there is some kind of rush of attention coinbase chokes and costs you the opportunity to use it during volume peaks. This can't possibly be ok with anyone.

Edit: This is what I am referring to since many of you seem to struggling with the premise. Nothing is locked, I can trade on my phone if I wanted.

On the web for 7 hours now:

"Some services are temporarily unavailable

Your funds are safe. We’re looking into it. Learn more"

Learn More!:

"Temporary outages

Coinbase can experience intermittent network issues due to heavy traffic, which might temporarily affect your experience in the app or on our website.

If you have issues, try again later today. You can also check the status of our servers and subscribe to be notified when certain issues are resolved.

Some issues you may encounter:

• Sign-in may be unavailable or time out
• Payment methods may not be available 
• Balances may not appear or update 
• Buy, sell, and convert functions may be disabled 
• Account information such as contacts and addresses may be unavailable 
• Some assets may not show correctly"