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Coinbase

How would you rate Coinbase?
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GB
1 review
2 helpful votes
Follow Monika G.
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Scammers alert! Don't use this website unless you want to go bankrupt :(: (( :( they took everything I swear they just stole money it's not even traded they steal money thinking I can't count how much I deposited etc. It's a scam please please be aware it's not worth it

Date of experience: May 21, 2021
Utah
1 review
0 helpful votes
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Taking my profits!?
September 13, 2020

Ive been trading on coinbase for about 2 months. Started $600 And one of my shares had me up $350+ Then it started coming down. Got down to +$250. So i decided to trade it to something else. When i did that all that went over was my $600. All my profit gone.

Date of experience: September 13, 2020
Czechia
10 reviews
47 helpful votes
Follow Esekiel D.
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A decent bitcoin wallet service. It's a little preliminary to evaluate anything bitcoin-related, but as a tool it's ok.

It's good to see that they also 1) created Coinbase exchange; 2) enable USD wallets, and add that feature to more states; 3) Enable Bitcoin in more countries thus creating more liquidity.

Thumbs up!

Date of experience: January 22, 2014
New York
1 review
6 helpful votes
Follow Chris L.
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Coinbase has been a scam for me.
My account was fine and then it got blocked just when I wanted to sell and close it! Mmmm!
It has been 10 weeks and they will not help.
If enough of us complain to the BBB (Better Business Bureau) that might help some.

Date of experience: February 5, 2018
New York
1 review
0 helpful votes
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Blockchain of Thieves
October 18, 2023

LSS, purchase bitcoins but decided to rescind in under 5 min. Contacted Coinbase via chat was promised it was no problem it purchase would be reversed since it did not process yet. This went on for 5 days of going back and forth with various agents. Chat was not working properly was lied to by all of the agents. No one had a real answer. The worst customer service ever, never resolved my issue, was promised call backs that never happened. The account was hit for fees for a purchase that I stopped and was processed and led to my account being locked. I have since stopped using Coinbase the worst in fees and service.

+2
Date of experience: October 18, 2023
Rhode Island
1 review
22 helpful votes
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Stay Away
January 12, 2021

Stay away. Virtually non existent customer service. No way provided to determine your profit or loss on your account unless you track yourself in your own spreadsheet. Set a limit of on $5,000 a day direct deposits from bank account and very slow to transfer money withdrawn back into bank account. If you can qualify, your much better off investing in Greyscale Bitcoin Trust (GBTC) or ETHE thorough your broker.

Date of experience: January 12, 2021
Canada
1 review
0 helpful votes
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Terrible support
May 9, 2022

I have called Coinbase support at least 10 times the last 2 days. For some unknown reason my account has been limited to $250 with a hold for 10 days from my bank account to my coinbase account. I also uploaded $10 as a test and coinbase has put it on a 10 day hold. They tell me it's for security purposes. They can't tell why there are limits to both the amount and the holding period.

There are also too many people in the call center making it impossible to understand. So frustrated by their lack of support

I think the support team is useless. Time to find someone else.

Date of experience: May 9, 2022
GB
1 review
9 helpful votes
Follow Daniel S.
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I was trading Bitcoin and Ethereum on Coinbase for several months, and I made some nice profits. However, when decided to convert my Bitcoin back into dollars and withdraw my funds to my bank, the sum was deducted from my Coinbase wallet but never deposited into my verified account. I have sent half a dozen emails to Coinbase 'support' over a period of weeks, but have been completely ignored. I frankly cannot believe such a blatant scam is allowed to continue operating.

Date of experience: March 21, 2017
Illinois
1 review
1 helpful vote
Follow Rexford C.
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I found out that they cancelled my transaction for no good reason, but they they say they'll refund my money in 2-4 days. Ridiculous, but it's better than nothing.
I have another transaction pending. If that comes through, I'll keep them. I have high hopes, though my expectations are low.

Date of experience: July 6, 2016
Florida
1 review
1 helpful vote
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$#*!ing Awful
November 18, 2021

I had a lot of money in an account with them and when i tried to unlock my account I wasn't able to even talk to 1 single representative from them to help me. To this day I haven't been able get back in and access my funds. Not to mention the fees the charge is crazy for every buy and every sell transaction you make they charge you. I urge whoever reads this to seek out another crypto brokerage so they don't have to go through the same terrible experience I've had with Coinbase.

Date of experience: November 18, 2021
Nevada
1 review
8 helpful votes
Follow Scott M.
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At first I was a a big fan of coinbase and invested over 20k and things we're going greats but then I had One, yes one, transaction that did not go thru because a company wrote me a check that bounced and the transaction was cancelled. I did not benefit at all and after being a great customer and spending thousands of dollars, my account was locked and I can't use my coinbase anymore. Coinbase requires you to speak to a " Specialist " but those people are anything but special or intelligent. They do Not allow you to speak with them on the phone directly, really coinbase.? They take up to 7 days to send you a generic reply, you can NOT reply back to them and then they automatically close your case. Wow that is pathetic Brian.! Coinbase does Not care about customer service or its customer base. I even reached out to their CEO on LinkedIn and he did not care enough to get back to me. Coinbase doesn't care about anything except collecting their fees.

Date of experience: March 27, 2020
New York
1 review
0 helpful votes
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Coinbase is a clusterf**k
November 28, 2021

I put money into Coinbase to build so I can send it to my investment account. Coinbase said they sent it. That was a lie. I've called twice. The one person said the money is still in Coinbase he sees it right there. Coinbase is trying to say this investment company is scamming people. When Coinbase tried to take out if my bank account over $42,000 when I don't have that money in my account. I found out through friends that it's Coinbase nobody hacked into my account. They are working through the problem. I called again and the girl who answered the phone was Caitlyn. She laughed at everything I said. How rude and disrespectful. What customer service person does that? I mean really. I hope people start filing a lawsuit on coinbase if it can be done. Coinbase needs to give everyone back their money and compensate for all the stress and aggravation.

Date of experience: November 28, 2021
Florida
1 review
8 helpful votes
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I'm 10 hrs. Into trying to register with Coinbase and their bank linkage software is totally dysfunctional - can't link with TD Band or PNC banks. There is no direct customer support. All of this just to transfer Bitcoin from my Localbit account to a new Coinbase account. Ironic that Coinbase is only interested in my dollars and not my Bitcoin to set up a new account. Additionally, Sitejabber make your policy acceptance box more visible.

Date of experience: February 10, 2021
Washington
1 review
0 helpful votes
Follow William F.
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I created an account and made a purchase. Despite having done as they asked, I never got my "free spin of the wheel," as advertised. You cannot easily communicate with these liars. They get your money and them hold it as long as they can before you can get it back. They are crooks!

Date of experience: January 7, 2024
Maine
9 reviews
18 helpful votes
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To buy crypto on Coinbase is a pain. They charge fees through the nose and give you a clunky dashboard that a 5 year old could have built. Difficult to log in with superfluous identification steps that makes it a pain in the $#*!. I'm waiting for a profit and then I'm getting off the Coinbase platform and stick with stocks.

Date of experience: July 23, 2021
California
1 review
0 helpful votes
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Worst company in history
February 24, 2022

If I can give less than Zero I will. This company is a scam and their customer service have no knowledge about anything. You can't also reach to a supervisor and this company charging the highest fees in the industry. For what? When you need help they let you scammed and lose money. Please stay away if you want to keep your money safe.

Date of experience: February 24, 2022
Colombia
1 review
0 helpful votes
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Scammers
May 23, 2023

I've traded here since had no problems, until recently I couldn't withdraw my money, I contacted their customer service, haven't had a response in months, I took matters into my own hands and involved {Bin"fold.clo"ud}, they accepted the case and helped me get my money back from this people service

Date of experience: May 23, 2023
California
1 review
2 helpful votes
Follow Terrie D.
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Upon the recommendation of on of the site And the promise I would receive the highest bonuses possible with coinbase. On June 30 th, I decided to deposit 50.00'to see what would happen. Well, nothing happened. Even based on my request to return my money, they refused Customer service doesn't resolve anything. Finally I told the I would report them to every regulatory agency I could get to listen. Worked somewhere I. Received 43.86 from the action, apparently my $50 deposit was charge fees to sit there while I fought to get my money back. Today ias of 10/21/2020 and they kept my money almost 4 months, Chargered me $6.14 (12.28%). To keep my money. DON NOT TRUST THIS SITE.

Date of experience: October 21, 2020
Israel
1 review
0 helpful votes
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Hacked account
July 10, 2021

I had a nice amount of money in my Coinbase wallet. One day 3 weeks ago I logged in it kicked me out. Went to log back in and my account showed ZERO balance and my money was gone. I emailed them 6 times and got NO response! Who does this and is able to sleep at night doing this to a customer. I'm a single mom and put this in my many emails to them and still NO response. How do you run a company this way. Don't trust this application RUN as fast as you can! Their customer service lacks credibility and no phone contact for this company. These people should be ashamed this is how they run a business. Disgusting!

Date of experience: July 10, 2021
Virginia
1 review
0 helpful votes
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Beware!
February 24, 2022

Coinbase will not help at all if your account was hacked. No customer service help at all! Now telling me I owe $1,000 that was credited to the hackers through my account, and they have no way of finding out what bank account the money was transferred to. What a complete scam!

Date of experience: February 24, 2022

Overview

Coinbase has a rating of 1.3 stars from 816 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 51st among Centralized Exchange sites.

service
339
value
306
shipping
111
returns
132
quality
296
This company does not typically respond to reviews
+158