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CoinbaseReviews 832

1.3

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Coinbase Reviews Summary

Coinbase has a rating of 1.3 stars from 832 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
352
value
316
quality
304
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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
Florida
1 review
5 helpful votes
Follow Richard E.
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Coinbase is not to be trusted. As with many other complaints I have seen. They have lost/stolen $190.00 from me, they have no Phone number posted anywhere to contact them, they will not answer to any complains you have from the website, or if they do eventually answer to a problem from the website after several weeks, they will just tell you there is nothing they can do.
I am opening a case with the Better Business Bureau, and any other authority I can contact.
DO NOT USE COINBASE... STAY AWAY!

Date of experience: February 27, 2017
Illinois
1 review
3 helpful votes
Follow John D.
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Horrible company and that goes along with their cudtomer service. I have messaged the CEO cia twitter and the bull$#*! support. My account was frozen on Febr 13th. After several e-mails all I get is nothing, and I mean nothing. Head all the warnings! Coinbase will take your money, not resolve the issue and continue taking other peoples money. I will be reporting them and now I'm super pissed and willing to do whatever I have to. Digital currency is supposed to be the future but Counbase is your typicak bull$#*! company. DONT BUY ANY COINS, THERE ARE PLENTY OF OTHER SIGHTS. ALSO, THE ONE GOOD REVIEW ON HERE IS A FAKE. How can one person be taken care of while the rest of us are robbed. SHADY SHADY! THE CEO SENDS MESSAGES VIA TWITTER ABOUT BLAH BLAH BLAH. He is making OUR money. I would love to meet him in person. You are a piece of $#*! Coinbase.

Date of experience: February 27, 2017
Minnesota
1 review
2 helpful votes
Follow eric m.
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I followed all the prompts, protocol, jumped thru all the hoops. Linked bank account, tried to purchase, problems, and on and on they are either tototally incompetent or a complete scam. Stay away.

Date of experience: February 20, 2017
Minnesota
1 review
3 helpful votes
Follow C V.
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I must also agree that when you have a problem with them, they are not found, and their default action is to suspend your account.

UPDATE: Coinbase, after closing my account, reinstated me. My account is working and I did not lose funds. I wanted to update everybody to let them know that Coinbase did resolve my issue to my satisfaction, although it was painfully slow.

Date of experience: January 19, 2017
Washington
1 review
1 helpful vote
Follow Trevor O.
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All the other complaints I've just read verified my fears.

Date of experience: December 30, 2016
Texas
1 review
3 helpful votes
Follow Donna D.
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The first few transactions were OK. Their minimum deposits drove me nuts but at least I was getting my bitcoins when I order them. Now I have a much more critical issue. On the 12th of October I requested that Coinbase transfer money from my bank account to purchase some bitcoins. The money was withdrawn from my bank account on October 14th. Today is October 18 and I still have no money in my Coinbase account. The support sucks you cannot talk to anyone. When you email them they just refer you to their support on the website. I do not recommend these people to anyone. They may treat you right in the beginning but as you begin to trust them they will take your money. You are completely at their mercy. Not a good place to be with these shady characters.

Date of experience: October 18, 2016
Virginia
1 review
7 helpful votes
Follow William M.
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I opened my account with Bitcoin in the Spring of 2016. My acct 'opened' fine after their stated waiting period. Had questions on multi-cosigners, found answer on Youtube before they got to me 3-4 weeks later. "Aound" this time, my ISP, Verizon sold out to Frontier (MANY problems in FL). At this point CANNOT CONNECT TO COINBASE - (have tried 3 times, but won't "Recognize Device" EVEN AFTER THEY SEND A "TRY AGAIN". About a FULL MONTH between responses. Have OPEN TROUBLE TICKET, but response is "About Monthly". I am wondering if I will have to get a LAWYER "Touch" them... or whether I have LOST MY MONEY.

I have lost ALL FAITH IN THEM, and discourage ANYONE from using BITCOIN.COM for ANY cryptocurrency dealings. It is now 10/4/16, and I have not had access since Late JULY 2016!

Date of experience: October 4, 2016
New Jersey
3 reviews
11 helpful votes
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Just Perfect
August 4, 2016

Coinbase is the number one wallet provider for cryptocurrency. Its fast, secure and dependable. The addition of ethereum makes their platform to win more customers to them. I will recommend it all. Hope that bitcoin can rise again soon.

Date of experience: August 4, 2016
Washington
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
Oregon
1 review
1 helpful vote
Follow Davidson W.
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I found a series of fraudulent charges ACH from Coinbase to my bank account. Coinbase does not seem to have proper fraud controls in place to prevent the abuse of their platform which does not speak well of the company as a whole. A call to their fraud department results in an unprofessional voice mail instead of a fraud professional. They should do better.

Date of experience: July 5, 2016
Virginia
1 review
8 helpful votes
Follow Gerard D.
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These people have the worst customer service in human history.
On June 14th I sent an email to Coinbase support stating that my account has been locked.
June 16th, Josh from Coinbase responded and told me that it was because my payment for a previous purchase was pending and it should clear in a day or two and at that point, my account abilities would be restored. Thats the last I ever heard from him or anyone at Coinbase.
June 24th, I sent a follow up inquiry (no response)
June 27th, I sent a follow up inquiry (no response)
June 29th, I sent a follow up inquiry (no response)
June 30th, I sent a follow up inquiry (no response)
I have tried to call information to get their number, they are not listed. Ive contacted the Better Business Review and searched dozens of sites online to try to talk to a human. All they say is to send an email or go to their website. However, they are totally unresponsive. These people have the worst customer support of any business that I have ever seen! With no way to contact them and no way to get a response. It is very frustrating!

Date of experience: July 1, 2016
Florida
2 reviews
4 helpful votes
Follow Flavio L.
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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
Alaska
1 review
7 helpful votes
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Coinbase Fraud?
May 22, 2016

How much has Coinbase defrauded you? Send the amount expressed in US Dollars to: *******@gmail.com Let's see the total and discover whether law enforcement is interested. DO NOT send personal information, just the actual dollar amount of your loss.

I lost USD $2,000 to them two weeks ago in a BTC purchase order they cancelled for no reason, then failed to refund the money they had withdrawn from my bank account.

Please post this contact email address and request to your Facebook and Twitter accounts.

*******@gmail.com

On Twitter:@CoinbaseFraud

Date of experience: May 22, 2016
Minnesota
19 reviews
90 helpful votes
Follow Jack W.
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Coinbase requires users to share their most personal state-regulated information, such as their real world identity via state-regulated ID and their social security number. When I asked them to change this for the privacy and safety of their customers, they declined on the basis of "regulation requirements". A company that cowardly kowtows to the state is a clear sign that when our MONEY and our RESOURCES are at threat, Coinbase will be out to save itself.

Date of experience: April 19, 2016
Virginia
1 review
8 helpful votes
Follow Bib G.
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They suspended my account, tried for days to get an answer why, claimed I may be using the funds to fund terrorists. I accept Bitcoin on my website and demanded I turn over all my customer details, not just the ones that used Bitcoin. When I refused they closed my account.

Also every time I sent an email to there customer service I would suddenly get porn spam. I know it's coming from them, I only used that email address for Coinbase communications.

I suspect they only wanted my customer database so they can try to get people to move over to them.

Date of experience: April 9, 2016
New York
1 review
10 helpful votes
Follow Alexander S.
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I have an open case with these people regarding a $1000 transaction that I initiated with Coinbase. Their website tells me that the transaction is complete, however I haven't received my funds yet. I keep writing to them and all i get is the "wait alittle more" response. I am very displeased with their service. I write to you as a warning. For the sake of your sanity and you money, DO NOT DEPOSIT or WITHDRAW any money into this service! They will flat out rob you. I have read the warning from other people and didn't listen. But the warning is REAL. DON'T MESS WITH THESE GUYS, THEY WILL ROB YOU. If you want details, I will give you all the details you need.

HEED MY WARNING! These people kidnap and rape your bitcoins. They are low level shady bottom feeders. They don't care about you the only take your money and give you the finger. I got raped by these scumbags for $1000. I am definitely filing a complaint with the Federal Trade Commission.
To file a complaint Google "FTC". And look for "Submit a consumer complaint"

Date of experience: January 22, 2016
Ireland
4 reviews
13 helpful votes
Follow Dave D.
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Without a doubt, the worst customer service I've ever experienced. These guys tried to hold MY MONEY hostage. It might not seem like it now, but these guys are going to be remembered in the same thought as Mt Gox. They're happy to take your money, but when you need assistance because their awful application doesn't work as expected (and it WILL happen), you're completely on your own.

Managed to get my money out by transferring Bitcoin out in time.

Avoid at all costs. YOU HAVE BEEN WARNED.

Finally, don't be fooled by their "support" on social media/reddit. They tell you to get in touch if you announce a problem publicly but when you do, they never get back to you. Publicly, it looks like support is happening. But it's not. I think they have one person working support. Seems all he's doing is scratching his balls.

Avoid at all costs.

Date of experience: January 19, 2016
New York
1 review
8 helpful votes
Follow Gail G.
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Don't Use Coinbase!
January 10, 2016

I had my bitcoins sold last fall and I still cannot get a refund. They have put me through the ringer for months and it is starting all over again.

My purpose now is to save anyone else from going through what I am going through. Coinbase are THIEVES!

Date of experience: January 10, 2016
John M. — Coinbase Rep
over a year old

Hi Gail, Can you clarify what you mean by this?

> I had my bitcoins sold last fall and I still cannot get a refund.

You could buy bitcoins again with the proceeds of your sale, but given the volatility of bitcoin's price, it wouldn't really make sense to give a refund.

Missouri
2 reviews
6 helpful votes
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Coinbase STOLE my money!
December 2, 2015

All of a sudden Coinbase is closing my account and I cannot access it to transfer my bitcoins to another wallet. I have been going back and forth with their lousy customer
Service for over two weeks as I changed my phone number and now I cannot access my
Account. Coinbase "outsourced" the verification process to authy.com and they are giving a
Really hard time to accept the phone change. They "argue" that they are doing it for security reasons, so they can be sure that I am the owner of the account. First authy mentioned that they will take TWO business days to process the request. I kept contacting them and today they say that it will take an extra THREE business days. They are supposed to be technology companies! It's ridiculous!

Date of experience: December 2, 2015

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
+155