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CoinbaseReviews 841

1.2

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Coinbase Reviews Summary

Coinbase has a rating of 1.2 stars from 841 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 60th among Centralized Exchange sites.

service
357
value
321
quality
309
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District of Columbia
1 review
2 helpful votes
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BTC
December 17, 2017

Coinbase $#*!ing scammed me and stole my money. I almost gave up on cryptocurrencies until I came across furcoins.com where I successfully bought over $10,000 worth bitcoins and I got the bitcoins in less than 24 hours.

Date of experience: December 17, 2017
Australia
1 review
4 helpful votes
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Seriously bad experience with coinbase: id verification is the most frustrating you will ever have. Have still not been accepted after nearly a week of trying.
The entire process is inefficient and mostly not working.
Support is... well, not there.
Hat will happen with your funds if you have an issue and cannot get hold of anyone: these people are not accountable to anyone and cannot be trusted.
This is the sort of organization that give crypto currency a bad name.
Use at your own risk

Date of experience: December 13, 2017
Mr A.
Germany
1 review
1 helpful vote
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VERY PHISHY
December 13, 2017

originally attempted to register with the cellphone app, putting in all necessary information. Each time - about 6 attempts spread out over almost 2 weeks - I would constantly have to go through the same steps until it either locked me in ID limbo or if that got through (only one time mind you), than I would than get stuck in payment verification limbo.

The last attempt was directly on their website (not through the app) to see if it would have better luck seeing as I am given the additional option to upload photos from a jpg. Same result...failed verification.

I noticed other potential users having the same problems based on many of the reviews. The other thing I noticed were the conveniently placed "outages" when prices were at their highs.

This $#*! is extremely phishy. This company is not the future for digital currency exchange...it has failed that "verification".

On a sidenote: if cryptocurrency is supposed to be decentralized, why are you forced to go through a mediary (exchanges) to buy and sell? That is still a form of centralization. Additionally, you can be locked out of access to your wallet or any transactions do to "outages".

Date of experience: December 13, 2017
Italy
1 review
3 helpful votes
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Used to be very convenient. Recently needed to do a transfer. After spending time on verifying "new login", I enter the details... and am hit with a 3-day clearance interval because it's not a address I sent to before. Unless you verify with ID, that is - the site states. So I go to that page. Turns out that my country is not supported for ID verification. I try to message the support asking if there is any other way to verify. 3 days later I get a response that they **do not offer email support for residents of my country**. My country is not subject of sanctions by US or EU, this is their own choice. I didn't even know that you could offer paid services while outright denying support.

Date of experience: December 11, 2017
Texas
1 review
2 helpful votes
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Coinbase closed my account for no apparent reason after I purchase $7500 in bitcoin. The transactions were left pending and prompted me to close my account. In the process it shows there is nothing in my wallet and there are no current transactions! Guess what 4 days later the $7500 just cleared my bank account and shows nothing in my wallet! Of course no one answers email or phone! What a fraud!

Date of experience: December 11, 2017
Minnesota
1 review
10 helpful votes
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Wheres my money
December 2, 2017

Coinbase does an update this week and I lose all the money in my account. No one answers the phone... after an hour I give up. Emailed customer service and get a reply that it will take 2 weeks to get me. What a scam. Shut this site down

Date of experience: December 2, 2017
Canada
1 review
5 helpful votes
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Customer Service Sucks
December 2, 2017

So I change my phone and try to sign into Coinbase only to find you have to jump through circus rings to get access to your account, because the sign-in re-verifies you after a month of not logging in; and if you don't have the phone number you used to enroll with you have to send a snapshot of your drivers license and a selfy, to say the least it's uncomfortable. Then when I finally get access to the account, 2 DAYS later, I go ahead and send some Bitcoin to an address; well, the address timed out and I had to endure a nerve wracking 2 days before it hit my wallet again. I would never do business with this company again.

Date of experience: December 2, 2017
Texas
2 reviews
11 helpful votes
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I probably only have less than one quarter of a Bitcoin in my Coinbase wallet at the present moment... back a few years ago, it was so user friendly and so easy to do things... like transfer Bitcoin and that sort of thing... now it has morphed into a very user unfriendly whores nightmare... security is now so damned tight... that I cannot even get into my account any more... I have just got so frustrated with them... and frankly I want nothing to do with cryptocurrencies any more... that's it... fool me once, shame on you Coinbase... there has got to be better sites than Coinbase... do not make the same mistake that I made... look elsewhere for a cryptocurrency wallet...

Date of experience: November 29, 2017
California
1 review
13 helpful votes
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I like their interface, and I was able to buy and sell bitcoin initially. But their verification gets messed up and your funds get stuck in limbo. Definitely don't put in more than you can afford to lose... not because the crypto's may lose value, but because you may not be able to get it back from Coinbase.

Date of experience: November 8, 2017
Idaho
1 review
10 helpful votes
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Bull$#*!
October 7, 2017

I hate em. $#*!ed $#*! verification system. Aggervation $#*! $#*!. Coinbase sucks. I ain't got nothing else to say $#*! you and your hundred word minimum. I hate dumb $#*! $#*!. The market decided. End of review.

Date of experience: October 7, 2017
Ohio
1 review
7 helpful votes
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Fraud
October 4, 2017

Someone by using the help of this company commit a fraud on my credit card. They stole my money and this company refused to refund the money back. Be aware of them before you give them your bank account!

Date of experience: October 4, 2017
Canada
1 review
14 helpful votes
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My mother and grandmother each put in 1000 dollars back in 2014. My mother died last year and my grandmother is 97. I have been trying to get their money back for over a year! I have 28 pages of emails documented and all they do is offer excuses, ask for court orders, anything and everything to stall and or delay you from getting to your money!

I am now in the process of filing complaints with the FBI, California State Attorney General, Both California State Senators and the FinCin bureau and who ever else will take a complaint.

After all the back and forth, I firmly believe that Coinbase is a Bernie Madoff Scam and that the money simply does not exist. A Ponzi Scheme at best!

My Family invested $2000. 00 back in 2014, supposed to be worth over $16,000 now and we will probably never see a dime! :(

Date of experience: September 29, 2017
Ohio
4 reviews
14 helpful votes
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CoinBase is a horrible company. I tried to send my payment to a vendor and the transaction timed out. CoinBase couldn't process the transaction fast enough and the vendor rejected the transaction. The money was supposed to return to my wallet but it did not.

I went to the FAQ and it states if the transaction times out CoinBase will contact the vendor and submit the payment. I was in contact with the vendor for 7 days with no message from CoinBase. I then e-mailed them 3 times over the next 7 days. Their site states they will be in contact within 48 hours. It took them 21 days to respond to my e-mails. By then I filed a complaint with the BBB.

CoinBase final got a hold of me and said my account was being terminated for a policy violation. Turns out they don't like people reporting them so they close your account. I was told I wouldn't receive a refund but I can keep my remaining. 26 cents in my account.

Luckily the vendor felt bad for me and sent me my order for free. So not only did CoinBase keep my money but the vendor had to send me a free order out of good will.

I'd never use CoinBase EVER. They SCAMMED me out of $85.75. This company is a joke.

Date of experience: September 29, 2017
Ukraine
2 reviews
9 helpful votes
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Coinbase is scam friends!
September 29, 2017

Coinbase is scam friends! Never trade with coinbase! I have a better way. Buy or sell bitcoins online without verification and registration from https://liviacoins.com They offer great prices and very fast services!

Date of experience: September 29, 2017
Virginia
1 review
5 helpful votes
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Coinbase is a scam
September 27, 2017

The worst customer service in America. Can't withdraw funds, on hold for 40 minutes only to be hung up on. They claim they can't place outgoing calls. Smells like a racket big time

Date of experience: September 27, 2017
Ohio
1 review
5 helpful votes
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BEWARE
September 14, 2017

They will let you put money in with your credit card but there is no way to get your money out once its in there. It has a number of banks that it says you can transfer your funds to but it won't let you verify them. Stay away from it. I have put my charge into dispute with my credit card company. Hopefully the government will shut this down before any others get ripped off.

Date of experience: September 14, 2017
New York
1 review
4 helpful votes
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I buy from liviacoins.com nearly every day and they provide a great service and the nice part is their service is available worldwide.

Date of experience: September 14, 2017
Texas
1 review
9 helpful votes
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This Company is literally making "tons of money" on every "customer" trade and they can't provide a decent customer experience or real customer service to assist "us customers" that are lining their pockets with real cash.

They seem to have one guy responding to customer request by email (after days of waiting) using canned responses - this is deplorable!

Date of experience: September 13, 2017
California
1 review
6 helpful votes
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Horrible
September 13, 2017

Transactions pending after 5 days while bitcoin drops. Can't sell or cancel buy orders. Sucks. I won't be using again

Date of experience: September 13, 2017
California
1 review
6 helpful votes
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The company allowed me to deposit 5k from my bank but after deposited, somehow couldn't "verify my identity" and held the money refusing to return it. No number to call no customer support and no help. Its been 61 days and still no help from coinbase. Ive reported them to the BBB, but I don't know if that will help. I saw they have 100s of complaints against them there.

Date of experience: September 10, 2017

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