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CoinbaseReviews 842

1.2

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Coinbase Reviews Summary

Coinbase has a rating of 1.2 stars from 842 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 59th among Centralized Exchange sites.

service
357
value
321
quality
310
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Kentucky
1 review
1 helpful vote
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Coinbase
October 30, 2020

They are terrible. I have multiple issues in transactions with them. Their support is worthless. Use with caution.

Date of experience: October 30, 2020
California
1 review
1 helpful vote
Follow Fred H.
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Are you serious? Why Are you charging almost $400.00 ($386) to buy and sell One (1.*******) Bitcoin? I was charged $386 (rounded off) to buy & sell one Bitcoin. To buy and sell ETFs, Stocks are free. I will be closing my Coinbase account right after I finish writing this review and will file a report. In my opinion, Coinbase is overcharging to Buy and Sell Bitcoin.

Date of experience: October 22, 2020
California
1 review
2 helpful votes
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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
Utah
1 review
3 helpful votes
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They duplicated the withdrawal from my bank into Coinbase, and the second withdrawal did not even sure up in the Coinbase transaction detail on my account, even thought the total cash there was the sum of the two transactions that appeared in my bank statement. I asked support to explain that, and they regurgitated what they saw on my account (which I had sent them as a screenshot.) That is, they described what I was already seeing. I wrote back, indicating they had not explained why the duplication occurred and why it did not appear in their transaction detail. They simply repeated the same thing they'd already said - just indicating what to look for the total, etc. I tried a total of 4 times to get a real answer, and finally they stopped responding. 5 days later I got an email that my support ticket had been resolved and the case closed. Customer support is non-existent!
I should add that I had deleted my linked bank account after I first noticed the problem - in case their system attempted to perform another random ACH against my bank.

Date of experience: October 16, 2020
Portugal
1 review
0 helpful votes
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Hi, i just lost 1 BTC because they want more documents that are not available on my country and its not possible for me to have them! Fortunately i found the best investment website (cryptoinvest. Space), they have best profit plans and works very smooth.

Date of experience: September 24, 2020
GB
1 review
0 helpful votes
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Coinbase is a very good way to lose money Cryptocurrency is only a real thing with them there is a lot of good apps out there Coinbase is the one to stay away from.
Scammers Connors these people like that I want there and of course probably all of the old credit cards you've had stolen would off passed through Coinbase.

Date of experience: September 18, 2020
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
California
1 review
3 helpful votes
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My Coinbase account was compromised and and my associated credit card was too. I reported the occurrence to Coinbase and had my account disabled to limit further fraud. Coinbase provided automated email responses but has yet to provide any assistance or resolution to my issues. At this point, I am unaware if my cryptocurrency wallet is still intact or if it was completely emptied by the compromisers.
I am extremely disappointed in the lack of communication or follow up from Coinbase.

Date of experience: September 9, 2020
Australia
1 review
3 helpful votes
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Stole my money
September 3, 2020

I had $1000 AUD worth of bitcoin, they wouldn't let me withdraw it in Australia. So they're happy to take my money but won't give it back when I try to withdraw!? So I sent it to my brother in the US who never received it, but it's gone from my wallet. Do you think I can get anyone at bitcoin to help? I wish! Coinbase is an absolute scam, they took my money and won't let me get it back, won't even help me find missing bitcoin. Disgraceful. What a rort.

Date of experience: September 3, 2020
Brazil
1 review
15 helpful votes
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SCAMMERS BEWARE!
September 1, 2020

This site is a SCAM, they have my account under review for over 3 weeks after doing the first deposit & can't use the money inside it now even to their wallet & even can't exchange to another currency!

Date of experience: September 1, 2020
Florida
3 reviews
2 helpful votes
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High Fees
August 31, 2020

Seems to be some trickery going on with their fees.
I tried to contact Coinbase about being charged $400.00. For a trade/transaction. No luck in getting an answer. They seem to be clouded in secrecy with no accountability. I will no longer recommend them to friends.

Date of experience: August 29, 2020
California
1 review
0 helpful votes
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High overall fees for trading and to deposit. Also, if you convert from one coin to another, even though it says there is no conversion fee, you can literally watch the value of your account drop. Unless you're planning to use a Coinbase Pro subscription and day trade a bunch of $#*! that is more volatile than penny stocks or buy bitcoin in hopes of a safe long-term return, don't bother. However, you even get dinged on the back end, especially if you sell Bitcoin. Not happy with this service. Of the $15k I put in, $3.5k profit was lost on a bad trade and $1.5k was lost on a bad company, Coinbase. Find another way to trade your coin, that's my advice.

Date of experience: August 27, 2020
Colorado
1 review
0 helpful votes
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I have now been waiting for over 3 weeks to get a response back as to where my VERIFIED deposited went.
The replies have all been the normal run around "We are checking into your issue" but redirected to read their policy and other FAQ with links to resolve issues. I am starting to wonder if Coinbase is actually run by Humans! I have not been able to call or speak to an actual person, makes me wonder if the master AI is running the show and has not developed a voice that sounds like a Human! So these guys don't want to talk to people (as in most cases like any insurance company and govt agency) I am moving my holding to another company to avoid future problems. If it is this hard to find my deposits can you imagine how hard it could be to find your account if they screw up?! WARNING DO NOT USE COINBASE!

Date of experience: August 26, 2020
Texas
1 review
6 helpful votes
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For almost 4 weeks I have requested Coinbase to reinstate my bank account according to their own procedures so I can trade again on their platform.

This should be simple, since they have the data and their procedures require this simple activity.

1 request per week and nothing, but we are working on it. You have got to be kidding. Can't anyone I your company get this simple thing done? Help!

Date of experience: August 25, 2020
South Carolina
1 review
0 helpful votes
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I'm not saying this because I've had one issue with them, I've had multiple issues with them now. Their lack of care and pure negligence reminds me of the old days in btc when mtgox (trading platform) stole all my money. Everytime you contact support you aren't responded to until a few days after. Then, the email you received (every time I might add) is it takes 5-7 days for someone to get up with you about your issue. Depending on what that said issue is, you might just be screwed because they do not care about you, or your money. Might as well call some of it stealing. Please steer clear of this platform, it's been nothing but headaches for so many users. Check out Binance, they have a much wider variety of crypto options, better support, and more supply of crypto to be purchased.

Please, please, please steer clear.

Date of experience: August 25, 2020
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
California
2 reviews
1 helpful vote
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Terrible!
August 23, 2020

I don't want to give them a half of a star, but I have to give at least one to move forward. They are terrible! DO NOT use Coinbase. You get locked out a lot and you may lose access to your money. When I log in it says they cannot fetch my portfolio. Which means I can't see my money. I keep hearing there was a gain and I will never know if there was any increase for me. You cannot reach them by phone. I have emailed them many, many times and no help. The response may even say things that do not relate to my issue. They are not trying to help at all! DO NOT use it!

Date of experience: August 23, 2020
Georgia
1 review
0 helpful votes
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Coinbase is a biggest fraud look for alternatives as binance, stay as far you can from coinbase they will scam you

Date of experience: August 22, 2020
Virginia
3 reviews
26 helpful votes
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I used the vault feature for added security and it requires two email approvals prior to withdrawing it from the vault. The primary email account worked just fine; however, the secondary email verification loops you back to the coinbase site without executing the approval. I cancelled and attempted it again and it still did not work. So I have a large amount of crypto that I cannot get access too. Totally inept customer service; STAY AWAY FROM THIS EXCHANGE!

Date of experience: August 17, 2020
California
1 review
2 helpful votes
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Hugh fees, low customer service, hold your money for long amount of time. If you use a small amount of money the charge a smaller present of money per transaction even in there own app. But larger amounts that charge a larger percentage. Not good for large amounts over 100$

Date of experience: August 16, 2020

From the business

Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency.


coinbase.com
Founded in 2012
San Francisco, California, United States
+157