COINBASE, INC.


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"Products" offered by COINBASE, INC. with at least one, but usually more complaints:

Bank account or service - Other bank product/service
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Credit card debt
Debt collection - I do not know
Debt collection - Other debt
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Other financial service - Foreign currency exchange
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Pawn loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Pawn loan
Prepaid card - General-purpose prepaid card
Prepaid card - Mobile wallet
Virtual currency - Domestic (US) money transfer
Virtual currency - International money transfer

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Complaint ID: 4447214

Date Received: 2021-06-09

Issue: Other service problem

Subissue:

Consumer Complaint: Hello. In XX/XX/XXXX I signed up for coinbase.com and everything was fine until XXXX of this year ( XXXX ) when they asked me to verify my identity again, which I do and from then on the account under review appears to me and they tell me : " Your account is currently being reviewed and we need some time to verify your information. During this review, you will not be able to use Coinbase. Reviews usually take a few days. Please log in every day or every other day to check your status. " Last week I accessed the app again and in it they ask me again to verify my identity by taking a photo through the mobile device. I've done it repeatedly and it always ends up telling me that the verification failed, that the photo was too blurry, which is not true. It asks me to repeat the process again, I do it and it keeps failing. I wrote to the company several times and they always respond by saying : " Thank you for following up with us. Our team has received a high number of account review requests. However, we've asked them to expedite their review of your account, and will get to your inquiry as soon as possible. We appreciate your patience and understanding. Regards, Coinbase Support " The number of this latest incident that I created is : Case # XXXX - Pending verification. I have XXXX ETH blocked since then and I wish I could get it back. Thanks for your attention.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-06-09

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4445970

Date Received: 2021-06-10

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: I have a Coinbase Wallet but the altcoin ( Dogecoin ) that I have owned since 2018 has went missing. There is no phone number to contact the company only an Email address. I have contacted the company on several occasions only to get a reply that the case is being reviewed. I first contacted the company via email XX/XX/XXXX. I have contact the company at least 9 times and I have attached their last email response. The remedy that I am looking for is for my coins to be returned which is XXXX coins at time my coins went missing the value for them was over {$7000.00} us dollars which I would like to receive the value of these coins at the time of disappearance.

Company Response:

State: FL

Zip: 33032

Submitted Via: Web

Date Sent: 2021-06-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4445725

Date Received: 2021-06-09

Issue: Other service problem

Subissue:

Consumer Complaint: https : //www.coinbase.com/ ad stated ion their website that when any consumer opens account with them, they will give {$5.00} worth of bitcoin after their information gets verified.. We went ahead and provided all of the personal information including driver licence number and other information and went through the process over a month ago now and we still do not see {$5.00} XXXX deposited in the account that we created. We have made multiple attempts to reach them via their Support email, but all we get is a generated ticket # and then no ones responses.. there is no customer service number.. The last ticket that we created is XXXX # XXXX - " Where my {$5.00} Free XXXX '' Someone needs to look into this company and find out why they are nor honoring what they are stating in their ad and collecting personnel information from the consumer..

Company Response:

State: PA

Zip: 193XX

Submitted Via: Web

Date Sent: 2021-06-10

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4445102

Date Received: 2021-06-09

Issue: Other transaction problem

Subissue:

Consumer Complaint: Early on XXXX XXXX I received a text from Coinbase that my password had been changed, so I changed it agan to enter my account. I tried contacting customer service and of course its automated and I couldnt make any headway with Coinbase. I was given a sort of reference number for my complaint and was told I would be contacted. I went to my bank account and I come to find out whoever hacked into my Coinbase account was trying to empty my personal bank account. I immediately called my bank and froze the accounts. I was able to stop the theft at my personal account, but as far as my Coinbase account Ive had no progress. I had invested amount of {$10000.00} and had a value of about {$18000.00} at the time of the theft. Ive been reading about other Coinbase customers with the exact same problem. Many of those victims recommended I come here and also the FBI to file a complaint. Im in the process of hiring a lawyer. I would like some advice.

Company Response:

State: CA

Zip: 92595

Submitted Via: Web

Date Sent: 2021-06-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4444548

Date Received: 2021-06-09

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Hello I bought and sent XXXX USDC using the Coinbase app and they marked the withdrawal as complete although the withdrawal was never completed and I never recieved the money and Coinbase refused to help and kept closing my support tickets. I also contacted the reciever, XXXX XXXX, who also refused to help and claimed to never obtain my funds. XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company Response:

State: NY

Zip: 11375

Submitted Via: Web

Date Sent: 2021-06-09

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4442322

Date Received: 2021-06-09

Issue: Other transaction problem

Subissue:

Consumer Complaint: The company is coinbase. I submitted a ticket that my account appeared to have been hacked. Upon submitting the ticket they froze my account. I followed the steps to unfreeze the account at which time they told me due to the nature of my complaint they were taking further steps to look into it. My account has been deactivated since XX/XX/21 and I have not received any updates from XXXX I would like to withdrawal my funds but I can not access them.

Company Response:

State: TX

Zip: 786XX

Submitted Via: Web

Date Sent: 2021-06-09

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4440749

Date Received: 2021-06-08

Issue: Other transaction problem

Subissue:

Consumer Complaint: Re : Coinbase Pro : Today is XX/XX/2021. One XX/XX/XXXX, I was locked out of my Coinbase Pro and Coinbase accounts which was holding XXXX ETH coins equivalent to {$95000.00}. The reason stated for being locked out was potential suspicious activating. I followed all recommended steps posted on Coinbase 's website to regain access. All attempts failed. Coinbase does not have a technical support call number or the availability to chat with a service member. From XX/XX/XXXX to XX/XX/2021, I have sent approximately 15 emails regarding my Coinbase case number. : To date, I have received no response from Coinbase or Coinbase Pro that provided any measures to gain access to my account and funds. I need Coinbase to contact me and confirm my funds are secure and that my account has been re-activated.

Company Response:

State: SC

Zip: 296XX

Submitted Via: Web

Date Sent: 2021-06-28

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4440484

Date Received: 2021-06-08

Issue: Money was not available when promised

Subissue:

Consumer Complaint: To whom is may concern, Coinbase Case Number : Complaint # XXXX On XXXX XXXX, I completed a deposit to my Coinbase wallet of USD XXXX} and the funds never posted to my Coinbase account. The USDT Crypto was sent from my XXXX account via the XXXX network vs the XXXX network which was in error. Though the crypto was transferred via the incorrect network, the funds were still deposited in the correct Coinbase USDT wallet which can be confirmed via the following txid : XXXX XXXX XXXX Coinbase is a public company and has the capacity to resolve the matter and post the deposit to my account and is choosing to ignore my requests for assistance. I have submitted over 12 general requests for assistance and submitted a formal complaint/ request which has gone unanswered. Coinbase will not provide the necessary key to recover the funds myself which leaves me seeking other means of holding them accountable. I am not the only investor that this has happened to and if Coinbase is to remain a public SEC regulated entity, they will need to do better. According to an independent investigator, the funds are not lost but Coinbase will need to properly investigate and resolve the matter. They need to pull the the deposit from the XXXX network and redirect to my Coinbase wallet. I would truly appreciate assistance in holding Coinbase accountable and getting my funds back. Thank You, XXXX XXXX

Company Response:

State: FL

Zip: 33025

Submitted Via: Web

Date Sent: 2021-06-08

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4438308

Date Received: 2021-06-07

Issue: Other service problem

Subissue:

Consumer Complaint: Good morning, in XX/XX/2021 I have opened an account in Coinbase to buy and sell cryptocurrencies, I have verified all the data that they asked me and everything without problem. I have started trading, buying and selling, and a few weeks ago they have put my account " under review '' without giving me an explanation of the problem or a possible solution, since then I can enter my account but I can not operate, buy, sell or transfer, assuming this A great prejudice for me due to the price variations of cryptocurrencies. I have contacted the company 's technical support on several occasions and they do not give me a solution, they tell me that the problem is solved and they have closed my complaint, but the problem continues and I have the money blocked. I have my account verified with level 2

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-06-07

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4435293

Date Received: 2021-06-06

Issue: Money was not available when promised

Subissue:

Consumer Complaint: I opened a Coinbase.com account and I was able to buy some coins but they put {$15000.00} of my money in a default Portfolio and every time I try to buy coins even if its {$10.00} it says " Insufficient funds '' I am XXXX years old, a senior citizen, and have already asked them to help with this but no answer. This have been going on for some time now. My email is XXXX Please get involved because I have read online that the same thing is happening to others I thank you XXXX XXXX

Company Response:

State: FL

Zip: 33156

Submitted Via: Web

Date Sent: 2021-06-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.