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: 3457168

Date Received: 2019-12-03

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: On XX/XX/2019, coinbase alleges that they declined a purchase order, actually numerous orders somewhere in the ballpark of XXXX usd. I checked and my bank has no recollection or documents proving this to be true. Coinbase sent out an email stating i owe them this money which i didnt authorize in the first place. Now i just sold some cryptocurrency from elsewhere and deposited in coinbase and come to find out they locked my account so i cant withdraw or send anywhere, holding my XXXX in bitcoin hostage. When i called and emailed them, they said i must pay what i owr, i was shocked. Im not a rich man i worked for this money and expect them to honor that after all the fees and money they made off my customer loyalty. Please help me fix this my family and i would appreciate it.

Company Response:

State: PA

Zip: 17078

Submitted Via: Web

Date Sent: 2019-12-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3450012

Date Received: 2019-11-25

Issue: Fraud or scam

Subissue:

Consumer Complaint: Coinbase transfer to a FRAUD SCAM Brokers : XXXX XXXX. I would like to bring your attention to a serious issue I have with Coinbase wires that first took place on XXXX of XX/XX/2019. I have been victimized by a multilayered scam operation orchestrated by XXXX XXXX - the Company. The funds were transferred utilizing Coinbase 's services in the total amount of XXXX GBP! I would also like to point out that on XXXX of XX/XX/2019 - I filed a dispute with Coinbase.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-11-25

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3449378

Date Received: 2019-11-25

Issue: Managing, opening, or closing your mobile wallet account

Subissue:

Consumer Complaint: Coinbase wallet problem I'm Facing this issue from XX/XX/2019 they locked my Coinbase wallet account for no reason I'm Coinbase user from 4+ years till now I didn't get any problem with them but on XX/XX/XXXX they temporary block my Coinbase Account & telling me contact Coinbase support there support is not replying at all I have send several emails just got automatic reply no reply by there employee & company here is company website https : //www.coinbase.com I have my funds in Account but they BLOCK my account on XX/XX/2019 for no reason also support not replying me I have tag them on XXXX XXXX By email no response calling number not responding I tried to call all of them are busy not answering call just computer running please I want to get my account unblock asap as they block my account for no reason I have around {$2600.00} in Coinbase & that amount stuck now my account is disabled This is the error I getting Everytime wen I try to login into my account Coinbase sorry Account temporary disabled please contact support Case number - # XXXX that I got from there email complaint which I raise with Coinbase I don't get reply for that for an unknown reason my account was just disabled. I also read there support questions on there website what Todo if u showing error that ur Account was temporary disabled please contact support in answer I get Just change ur password of ur Coinbase Account & contact us by email i have done that both I changed. My password & contact Coinbase support via email XXXX XXXX by call no response I get from them My registered email ID with Coinbase Account - XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-11-25

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3444830

Date Received: 2019-11-20

Issue: Fraud or scam

Subissue:

Consumer Complaint: CoinBase 's transfer to a FRAUD SCAM Brokers : XXXX I would like to bring your attention to a serious issue I have with CoinBase wires that first took place on XXXX of XX/XX/2019. I have been victimized by a multilayered scam operation orchestrated by XXXX - the Company. The funds were transferred utilizing CoinBase 's services in the total amount of XXXX EUR! I would also like to point out that on XXXX of XX/XX/2019 - I filed a dispute with CoinBase

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-11-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3440847

Date Received: 2019-11-17

Issue: Other transaction problem

Subissue:

Consumer Complaint: I don't Made a autorizacin yo Transfer bitcoins ir My wallet un coinbase and gdax My email is XXXX i sent My conplain to many times but they nevera answerd 3 months ah they only tild me that it's un investigacin the weird thing is i nevera receive a confirmaron ir any transaccin they clised My account and i can't mor Open again

Company Response:

State: NJ

Zip: 07011

Submitted Via: Web

Date Sent: 2019-11-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3440177

Date Received: 2019-11-16

Issue: Other transaction problem

Subissue:

Consumer Complaint: I have a Bitcoin account on Coinbase.com ( under email XXXX ) with approximately {$190.00} of Bitcoin currency in it. I used this as a fun bit of speculation. I want to have the money back in hand in my bank account. Coinbase operates a system called a " Vault '' allowing you to store the Bitcoins in it, and require authorization to remove it. It requires a text message authorization, and to confirm emails from my main email ( above ) and a secondary email ( XXXX ). I have access to all these things, and yet, the approval email to withdraw my money under the secondary email never arrives. As such, any request to withdraw my money is canceled. My {$190.00} is effectively held hostage by Coinbase. I have contacted them numerous times, and no one helps. It is merely a standard " Here is how a Vault on our website works '' email. Their phone service also gives no way of resolving the problem or talking to a person. It is frustrating and deceitful. Please advise. All the best, XXXX XXXX

Company Response:

State: OK

Zip: 73120

Submitted Via: Web

Date Sent: 2019-11-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3435952

Date Received: 2019-11-12

Issue: Fraud or scam

Subissue:

Consumer Complaint: COINBASE, INC.s transfer to a FRAUD SCAM Brokers : Initialrate. I would like to bring your attention to a serious issue I have with COINBASE, INC. wires that first took place on the XX/XX/2019. I have been victimized by a multilayered scam operation orchestrated by XXXX - the Company. The funds were transferred utilizing COINBASE, INC. 's services in the total amount of XXXX EUR! I would also like to point out that on XX/XX/2019 - I filed a dispute with COINBASE , INC .

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-11-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3435515

Date Received: 2019-11-12

Issue: Fraud or scam

Subissue:

Consumer Complaint: COINBASE transfer to a FRAUD SCAM Brokers : XXXX, and, XXXX XXXX. I would like to bring your attention to a serious issue I have with COINBASE wires that first took place on the XXXX of XX/XX/XXXX. I have been victimized by a multi-layered scam operation orchestrated by XXXX, and, XXXX XXXX - the Company. The funds were transferred utilizing COINBASE 's services in the total amount of XXXX EUR! I would also like to point out that on the XXXX of XX/XX/XXXX - I filed a dispute with COINBASE.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2019-11-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3434295

Date Received: 2019-11-10

Issue: Other service problem

Subissue:

Consumer Complaint: I am the owner of a Coinbase.com account. I have a valid username and password to access the account but am not able to access it due to two step authentication that needs to be reset as I have a new phone ( same phone number ). After multiple attempts ( 4x different times of day ) on Sunday, XX/XX/XXXX calling Coinbase support XXXX XXXX XXXX XXXX XXXX - the service states that all of its specialists are busy and hangs up. No holding, just hang up. Attempting the proposed alternative - submitting a ticket online, each ticket ( submitted 2 within the span of 1 hour ) created gets automatically closed with the following message : " This is an automated notification that your case has been closed. We have delayed logins to your account due to an unrecognized device used to generate your 2-step verification code. '' The automatic closure of my online ticket is directly tied to my 2-step verification issue - I am stuck in a cycle that has no means of resolution. I want access to my money.

Company Response:

State: NJ

Zip: 08648

Submitted Via: Web

Date Sent: 2019-11-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3430000

Date Received: 2019-11-05

Issue: Other service problem

Subissue:

Consumer Complaint: My phone logged me out of my coinbase app last week. I have tried to log back in so I can cash out my money, but it asked for a two-factor authentication, and the number that is associated with my account is the one from when I was stationed overseas in XXXX. I tried changing the number and doing an ID verification, but because my ID isn't from XXXX, it wouldn't let me verify it. I've tried calling and emailing multiple times and selecting multiple issues, but I've not had any luck resolving this issue.

Company Response:

State: AL

Zip: 35806

Submitted Via: Web

Date Sent: 2019-11-05

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.