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Coinbase

1.5

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Coinbase Reviews Summary

Coinbase has a rating of 1.5 stars from 824 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 58th among Centralized Exchange sites.

service
346
value
313
quality
301
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Georgia
1 review
0 helpful votes
Follow Abdul R.
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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
Nigeria
4 reviews
2 helpful votes
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Good company
August 17, 2020

This company's business is quite innovative and rare to think of. I strongly recommend this for anybody seeking help with their crypto currency transactions.

Date of experience: August 16, 2020
California
1 review
0 helpful votes
Follow Ruby L.
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Great support for people who have problems with account issues.If you want to trade in digital currencies, you are going to need a platform on which to trade them, and an intermediary to communicate with the network. Coinbase is a global digital asset exchange company (GDAX), providing a venue to buy and sell digital currencies, as well as send information about those transactions out to the blockchain network to verify those transactions. Coinbase serves as a wallet, too, where the digital currencies can be stored. The application operates exchanges of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, as well as other digital assets with fiat currencies in 32 countries, and Bitcoin transactions in many more countries. According to its website, Coinbase has served over 10 million customers and facilitated the exchange of more than $50 billion worth of digital currency. Thanks

Date of experience: August 11, 2020
Arizona
1 review
2 helpful votes
Follow Linda A.
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Got in okay. Moved money to vault okay. Cant get 2 step verifacation to work to get out of vault. Support said verify acct. I did, then said verify and provide selfie but there is no place to enter selfie. Sent it to support, no answer. 3 plus weeks cant move $, or get out. No help.

Date of experience: August 10, 2020
Texas
1 review
23 helpful votes
Follow M F.
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Coinbase is the most crooked crypto exchange you could ever work with. Look at how many bad bad bad reviews they have. I am waiting a whole week to access my money. They keep using the excuse that the device that I'm using to authorize the two step factor is not recognized when this has been my phone ever since I opened up my coinbase. If you use coinbase then you are screwed!

Date of experience: August 8, 2020
Georgia
1 review
5 helpful votes
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Say What?
August 7, 2020
Updated review

So my $1,970.64 is available to withdraw but I have $0.00 that I can withdraw. Who can I complain to? Nobody!

Date of experience: August 7, 2020

Strange way to run a business
August 5, 2020
Previous review

After going through a rigorous process to open an account and link a bank account, I was able to make three separate test purchases. I then received an email saying I would no longer be allowed to make purchases through the linked account, check back with them in 30 days!
Today I get another email saying I will now be "allowed" to withdraw my own funds!
No problem, I've already established an account with a competitor. My advice - be sure to test these guys with a few $$ before any major investing.

Date of experience: August 5, 2020
Florida
1 review
12 helpful votes
Follow David L.
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Coinbase has no measures in place to protect it's users. I was scammed through my coinbase account and the customer support essentially said"to bad, so sad". I've requested to speak with a manager or at least a customer service rep various times, but they refuse to do phone calls. It's all done via email. They take way too long too response, when they do respond they don't provide any clarity, and they don't care to protect their users. I wish I could give them a negative rating. Please do not invest with Coinbase, it appears to be a HUGE scam company.

Date of experience: August 3, 2020
Ohio
2 reviews
4 helpful votes
Follow LaShonda S.
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Coinbase has a link for consumers to share, and if you purchase over 100.00 you and the person you shared with are supposed to get 10.00 free btc. I have sent the link to four people and I have only received the free btc once. I emailed Coinbase and the reply was they don't have any control over that and they can't fix the problem. That is false advertisements. I have dealt with other companies like Stash that offer the similar incentives and they always stand behind their advertisements. You can never talk to anyone. The customer service is in dire need for an overhaul.

Date of experience: August 3, 2020
Philippines
2 reviews
2 helpful votes
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Good
August 3, 2020

It is good wallet and secure. I guess. It's one of the most trusted wallet and it really sends money and receive coins.

Date of experience: August 2, 2020
Michigan
1 review
1 helpful vote
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Avoid Coinbase
August 1, 2020

Wanted to experiment with Bitcoin a few years ago--so I bought several hundred dollars of B through coinbase. Just to see what the process was. Now I keep getting messages to verify my account or they will disable access. So now, I have to log in every three months or so. Then I received a message that said "If you do not verify your identity and have any funds remaining in your Coinbase account, please withdraw them immediately to avoid forfeiture to your country or state of residence." Sure, maybe there is a federal law that requires identity verification but they go about it the most invasive way. As someone who has had their identify stolen, not going to go through process. The catch: you can't withdraw your funds unless you upload a driver's license, etc. My advice: avoid Coinbase because it is just going to be a hassle.

Date of experience: July 31, 2020
Washington
1 review
1 helpful vote
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I invested with this company and have entered into a perpetual circle without being able to get my funds back. They have many tricks to avoid you being able to access your email, reset your password and as a result not being able to request cancellation and refund your money. I am going to the FBI to get my money back I have filed a complaint with the Better Business Bureau. This company needs to be prevented from doing business in the USA! A class action lawsuit needs to be started for all those investors that have been scammed and were not able to get their investment money back!

Date of experience: July 8, 2020
Delaware
1 review
1 helpful vote
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Deposited a grand and bought some BitCoin. Over 14 dollars for that pleasure alone... when you sell it, guess what? More fees. I've tried other sites, stay clear of this 1. Absolutely Horrible experience.

Date of experience: July 8, 2020
Virginia
1 review
21 helpful votes
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Perpetual Circle
June 30, 2020

Was able to log on one time to make a minimum purchase, but two weeks on I cannot access my account so what good is a purchase of goods or services if you can't use what you paid for. Just keep getting bot e-mail reply's and no resolution, seems I'm not the only one having trouble trying to access an account with coinbase. This so called company is just ripping people off of their hard earned money. Stay clear of this scam site there are much better platforms to acquire cryto assets.

Date of experience: June 30, 2020
Texas
1 review
1 helpful vote
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Total scam
June 26, 2020

Totally robbed my account. No recourse. Never lost my phone. Account locked out while thieves drained my account. Stay away!

Date of experience: June 25, 2020
Viet Nam
1 review
28 helpful votes
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Monkey business!
June 18, 2020

The customer service is one of the worst I came across.

Incompetent, inconsistent and repeatedly did the exact opposite of what had been requested!

Based on their replies it was easy to tell that they obviously didn't read the mail at all.

If I wouldn't know it better, I'd say the people working for coinbase support are getting high at work - at least that how it felt, dealing with such an amount of misunderstandings and incompetence...

And worst thing is, my exchange fees are probably paying those useless operators'.

Date of experience: June 18, 2020
California
1 review
2 helpful votes
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Fraud
June 17, 2020

After talking with multiple friends and family we realize that we all have the same cryptowallet address from coinbase! It started with coinbase denying my wife and I could have the same address unless our accounts are connected! I urge others to see if they have the same crypto wallet addresses as family and friends, so a class action lawsuit can be filed against coinbase! As well if you freeze your account with them it just locks you from your own portfolio not anyone else if they already have the wallet address and tag number. Coinbase will not replace the tag number until a transaction is made. So it's like freezing your credit card you get denied access but not the person in possession of your card!

Date of experience: June 16, 2020
New York
1 review
0 helpful votes
Follow Nathanael T.
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Hola hace una semana que no puedo entrar a coinbase. Quieren que autorice otro dispositivo nuevo que no tengo. Le he enviado muchos correos electrónicos diciéndole que no tengo otro ordenador y sigue insistiendo que registre él supuesto nuevo ordenador. Haver quien me puede ayudar. Gracias.

Date of experience: June 16, 2020
Utah
2 reviews
3 helpful votes
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BEWARE
June 13, 2020

At a point in time I couldn't access my account anymore and lost about 5 btc. I got an expert to gain my money back. You can recover lost funds when you talk to an expert, reach out to them by searching for swiftfundsrecovery on google.

Date of experience: June 13, 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
+153
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