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Coinbase

How would you rate Coinbase?
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Virginia
1 review
0 helpful votes
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Unauthorized transaction
February 5, 2022

My money was stolen off my account and was told I was going to get my money back but money never came back and now they are telling me they can not get my money back app is trifling and dishonest

Date of experience: February 5, 2022
Florida
2 reviews
4 helpful votes
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They allow transfer to them and payment to a scam site and then close your account so you cant recover any money and didnt answer with acceptable solution, just pre writted message. They sucks

Date of experience: May 25, 2016
Australia
1 review
3 helpful votes
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Absolute nightmare to register with still cant complete this. Zero customer support, completely incomprehensible registration process. Avoid at all costs!

Date of experience: January 7, 2018
California
1 review
3 helpful votes
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Lost my check
March 6, 2020

Last year I called Coinbase and spoke to a nice lady. Being a computer Luddite, I could not figure out how to purchase Bitcoin online, and it was around $3500 at the time. She said send a check for a minimum of $5000, and they would purchase the Bitcoin for me. On Sept 26th I sent a Cashiers' check for $9500 and got a signed USPS receipt for the envelope, so I know they did receive it. Bitcoin was around $6000 by then. After a few days I tried to call and only got a phone tree. Left a message but no response. I then tried to open a case, told them the above, and they responded saying they had to research it. They then closed the case without responding to me. I did the same thing one more time, with the same results, they never responded that they ever found my check. By Christmastime, I gave up and got the bank to put a stop payment on the check, which was quite a process in itself. They never deposited it or credited my account, and by then Bitcoin was over $9000. I strongly suggest you do not deal with these people.
Jeff
Gardnerville NV

Date of experience: March 6, 2020
Iceland
1 review
3 helpful votes
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Buyers BEWARE, horrible customer service, I made an initial buy of 100 eur no problem, approved my account and I was able to buy bitcoin, I decided to make a larger deposit of 1000 eur, and then ALL of the sudden I have to go through the verification process AGAIN, my verification is accepted the SECOND time, but this time I am not eligible to buy on my account, contact customer service multiple times and get an answer after 10 days,

"Coinbase reviewed your account and has determined that you are not eligible to use the Coinbase platform to purchase cryptocurrency or use our deposit services - as such you are not eligible to link a new payment method. We are not able to provide you with any additional information"

THIS IS A HUGE SCAM!

Date of experience: April 29, 2019
California
3 reviews
15 helpful votes
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Coinbase SCAM
January 24, 2018

COINBASE IS THE BIG SCAM I HAVE SEE SO FARE IN MY LIFE TIME. AFTER BUY BOTCOIN, I HAVE TO WAIT 2 WEEKS FOR THE TRANSACTION BEEN POST, FILL DAYS LATER, I WHEN TO CHECK MY ACCOUNT, FOR MY SURPRISED, COINBASE CLOSE MY ACCOUNT AND I STILL CAN'T FIND THE WAY TO HAVE MY FUNDS BACK, COINBASE IS A SCAM.

Date of experience: January 24, 2018
Saudi Arabia
16 reviews
54 helpful votes
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After the ridiculous implementation of BCC and the terrible prices for BTC transfers I am deeply disappointed from them. Planing to switch to another one.

Date of experience: December 25, 2017
Nigeria
1 review
0 helpful votes
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Scammers
July 10, 2023

Thank you so much edgetophub.digital

In April 2023 I deposited $6800 to buy crypto(btc) and invest on this scammer platform. I was told to wait 15 business days before withdrawing. On May 2nd I decided to withdraw my funds and there was an error. I reached out to customer service to get help. They said i have to pay 28% for tax and accrued fees. I sent it in.I try to withdraw again and they freeze my account i can't access my wallet and money. I wrote them no less than five times asking for an update in the status and they never responded.
I couldn't stay doing nothing so i reported to my husband's sister working at the sec, they confirmed Coinbase is unregulated. She directed me to private forensic investigators, (EDGE TOP HUB DIGITAL)
I immediately sent a message to them at, they were swift and professional in their work to trace my money to the wallets the scammers had hidden them, and they helped me retrieve it all in eleven days. Do not make the mistake i made! Don't do any sort of business with these scammers.

Date of experience: July 10, 2023
Florida
1 review
1 helpful vote
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They suck
August 23, 2020

Take your profits when trading. There app auto purchases in your pocket. There customer service is atrocious. Don't ever use! Use binance Or anything else.

Date of experience: August 23, 2020
Florida
1 review
0 helpful votes
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Fees are wrong!
December 31, 2022

I paid $250 in fees for a service that is free on binance. Coinbase charges $40 up to buy crypto. Binance charges from 25 cents to $3 dollars. Binance is the best for your money!

Date of experience: December 31, 2022
District of Columbia
1 review
0 helpful votes
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Is terrible I try to open my account and the security don't let open I call is not any answer only automatic service and don't resolve my problem I try to sale and buy unfortunately I can my next step to find out haw I can get my money back and open account in different company they are the worst very poor costumer service don't get trap

Date of experience: August 14, 2021
North Dakota
1 review
6 helpful votes
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HORRIBLE company, no support works, all avenues. January 2020, the answer to may question (transfer to paypal) was it would be available in December of 2018.

Date of experience: January 7, 2020
Pakistan
2 reviews
10 helpful votes
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Secure
August 28, 2017

When you are talking about real funds, security is a must. Coinbase has been recommended wallet of bitcoins and their security and service level is excellent.
Highly recommended

Date of experience: August 28, 2017
Ohio
1 review
0 helpful votes
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Manipulation
September 7, 2021

BTC and other coins all took a huge dip today 9/7/21 and exchange has been down for hrs cannot sell or but this is no more than manipulation they are probably in someones pocket not good at all. They should be able to handle any amount of volume I will be looking into a DEX No exuse for this I wouldnt recomend them to no one!

Date of experience: September 7, 2021
Texas
1 review
0 helpful votes
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Very unhappy with how they handle a security breach.

I've recently fell victim to a phishing/ scamming email and lost all of my coins that were both in my Coinbase and Coinbase Pro account. In addition to losing money, I also nearly lost my identity. These hackers has access to my date of birth, personal address, phone number, and email. They were able to change my legal name on Coinbase.com to where I was no longer able to verify my own true self in order to reset my account information. It isjust unfortunate how easy it was for these hackers to gain access to not only to my coins/ money, but also my personal information. Additionally, I immediately locked my account, but these hackers were still able to purchase an additional $1,000 of coins, which charged my personal banking account. I am still questioning Coinbase Support as to if my account was even locked upon my initial request. Overall, it was frustrating not having a real person/ customer service agent to speak with over the phone and only having the option of communicating via email, which were mainly generic, bot type responses. It took at least a full week before I received any usable information, and I am still in the process of reclaiming my account. Coinbase is a great and efficient platform for beginner traders, but when a security breach occurs, you will not only lose your coins, investments, and money, but potentially your personal identity.

Date of experience: August 23, 2021
South Africa
1 review
0 helpful votes
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They are jokes
June 15, 2022

This people are scammers they took all my money I invested am just so lucky I wrote a mail to "support@ globalrecovery.com " they help me get all my money

Date of experience: June 15, 2022
Nigeria
1 review
0 helpful votes
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Investment
January 28, 2021

The truth is, success and failure follows the same path, the same pattern, it's just a matter of habit that determine weather you fail or you succeed. Just like success, you don't fail over night, it's simple errors and judgments practice daily that leads to failure. So it's simple, if you're willing to do what most people are not willing to do, then you could have what most people could never have. Most of you will say it's not that easy, because if it was then we all be millionaires. If I tell you now that it is possible to earn over
$9550 weekly trading forex and bitcoin mining, a larger majority of you will say it's just another scam, others might be so skeptical to try this and only a few that do, actually see the light at the end tunnel because believe me you can earn that much weekly with a good investment. If you want to succeed, then you should be willing to take those steps that others won't, to enjoy those benefits that others can't so choose today to do what others won't, so tomorrow you can do what others can't. Inbox me geizertonyedwardo@ consultant, com OR WHATSAPP>*******064 OR telegram( geizertonyedwardo) and I will show you how to earn big investing in forex trading and bitcoin mining systems.

Date of experience: January 28, 2021
Nevada
1 review
0 helpful votes
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It's a scam!
May 15, 2021

They'll do you right at the beginning then keep your coins like they did mine. I sent $2500 in XLM to my Coinbase wallet and it never got there. Turns out Coinbase requires an ID memo to complete the transaction. Which means, they received my $2500 in XLM and didn't put it in my wallet. They asked me to send another 15XLM from the same wallet to verify my as the owner. That 15XLM didn't make it to my Coinbase wallet either. So I tried sending from my Coinbase wallet out to my Edge wallet and it works fine. No reply from Coinbase after they asked me to send another 15XLM. $#*! THESE GUYS! GO SOMEWHERE ELSE! USE ANOTHER APP! EVERYONE KNOWS HOW CORRUPT THIS CRYPTO MARKET IS. SO, IT SHOULDN'T BE TOO DIFFICULT TO UNDERSTAND THAT THESE COINBASE $#*! HOLES ARE PART OF THE CORRUPTION.

Date of experience: May 15, 2021
Canada
1 review
2 helpful votes
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Coinbase sms to login to you account does not work, there is no phone number, no one answers your emails, an no body answers your twitter questions. I think i was scamed.
Do not use coinbase

Date of experience: July 18, 2017
Mexico
1 review
2 helpful votes
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I recently had this happen, 1 BTC stolen out of my wallet with strong password in place, etc. Coinbase REFUSES to compensate me, for their lack of security, in any way. As soon as it happened, and I reported it to them, they froze my acct immediately. It then took them over 3 WEEKS to get my acct unfrozen, after a lot of effort on my part. With Coinbase, you have to move crypto from their vault to the wallet to be able to transact with it. This takes 2 to 3 days to move from the vault to wallet. So if you are anticipating a short term trade, in the fast moving crypto world, it's necessary to have in their wallet. Now, to recover my acct, I basically have to go thru the acct setup process all over again. What a pain! And of course their phone support sounds like its based somewhere in Central or South America. Many sound like trainees, learning on the job, while their customers are receiving poor customer service. BUYER BEWARE when considering Coinbase. My $60K+ in crypto holdings at Coinbase still inaccessible. As they tell me it will take another 4 to 5 business days to clear up the 2FA problem to start the acct recovery process. Are you kidding me? Everything must to be referred to an "account specialist" who only operates thru email communication - VERY slowly. Prior to this experience, they were OK. But if you can't count on them to compensate you, when they get hacked and you get robbed, it's time to look elsewhere.

Date of experience: July 25, 2019

Overview

Coinbase has a rating of 1.3 stars from 814 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with Coinbase most frequently mention customer service, bank account and phone number. Coinbase ranks 49th among Centralized Exchange sites.

service
338
value
305
shipping
111
returns
131
quality
296
This company does not typically respond to reviews
+157