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: 2816567

Date Received: 2018-02-16

Issue: Problem with a purchase shown on your statement

Subissue: Card was charged for something you did not purchase with the card

Consumer Complaint: Coinbase processed charges to my account. These charges are UNAUTHORIZED. These unauthorized charges were posted on XX/XX/XXXX. Coinbase even admits to this, too. Please see attached images. Today, on XX/XX/XXXX, I called them and wrote them. They did not respond, nor answer me.

Company Response:

State: CA

Zip: 95820

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816546

Date Received: 2018-02-16

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: I made a Coinbase purchase on XX/XX/XXXX for {$200.00} in BTC. My bank account was debited that value ( plus an unexpected {$2.00} ATM charge by Coinbase ) on XX/XX/XXXX. My bank account has been charged AGAIN for that amount ( {$200.00} ) on XX/XX/XXXX without my consent. I additionally purchased XXXX on XX/XX/XXXX ( {$110.00} ) & XX/XX/XXXX ( {$150.00} ). Those have not double charged but I expect them to due to the negligence on Coinbase 's part. I expect to be paid back my {$200.00} PLUS any additional costs that may be incurred against the XXXX purchases. Additionally, I expect to be compensated for the error. Coinbase is unresponsive in email and phone.

Company Response:

State: MN

Zip: 55416

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816513

Date Received: 2018-02-16

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/XXXX I purchased {$200.00} of Bitcoin from Coinbase. On XX/XX/XXXX that charge cleared my bank account. Then on XX/XX/XXXX Coinbase hit my bank account again for {$200.00} ( unauthorized ). This caused an over daft in my account and left me with no money. Coinbase is not answering the phone and the web support is unresponsive. As of now Coinbase owes me {$200.00} and an overdraft fee.

Company Response:

State: NM

Zip: 87120

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816404

Date Received: 2018-02-16

Issue: Problem with a lender or other company charging your account

Subissue: Transaction was not authorized

Consumer Complaint: Purchased XXXX litecoin on XXXX-XXXX-18 Before hitting the button " confirm purchase '' my total was XXXX. I have purchased litecoin before from coinbase and received it in minutes. After 18 hours of my order still pending I decided to check my bank statement ... I was first charged XXXX $ then hours later I was charged another XXXX, and then another charge for XXXX.

Company Response:

State: NJ

Zip: 08081

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816331

Date Received: 2018-02-16

Issue: Other transaction problem

Subissue:

Consumer Complaint: Coinbase.com recently had an 'technical error ' resulting in many users having their personal bank accounts that are tied as a payment method to Coinbase deducted in amounts varying from person to person. The charges are all posted on XX/XX/2018 Time/amount XXXX - {$50.00} XXXX - {$100.00} XXXX - {$140.00} XXXX - {$220.00} XXXX - {$300.00} As of this report I am now subject to five {$35.00} overdraft fees per day and I'm attempting to work something out with my bank, as these charges will continue daily. These charges mirror some of my Coinbase purchases that I previously made. Coinbase costumer service has not responded to my inquiry on their site.

Company Response:

State: SC

Zip: 293XX

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816300

Date Received: 2018-02-16

Issue: Unauthorized transactions or other transaction problem

Subissue:

Consumer Complaint: Coinbase charged me for a transaction from XX/XX/XXXX and XX/XX/XXXX twice. The charge from the XX/XX/XXXX was {$100.00} and the charge on the XX/XX/XXXX for {$100.00}. I realize this may be small amounts for some people but this is money I need for bills and food. Please assist as soon as possible. Thank you

Company Response:

State: NY

Zip: 137XX

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816254

Date Received: 2018-02-16

Issue: Other transaction problem

Subissue:

Consumer Complaint: XX/XX/XXXX i sent XXXX ETH to a smart contract. On coinbase the status of the order was completed " successfully ". Few day after i check XXXX website i discover my transaction failed. I contacted the owner of the smart contract, he explained to me we can't send money to a smart contract with coinbase but my money is some where in the systeme and i have to contact coinbase to update my account. XX/XX/XXXX i opened a case to inform then, i need my private key to unlock my money. XX/XX/XXXX i received a content that " Thanks for reaching out. Having investigated the issue, I am working with a specialist to address it properly. We will follow-up with you as soon as we have an update. Thank you for your patience '' Case # XXXX. Till today i have zero information about my case in the mean time i try to contact coinbase through tweeter but no response

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816085

Date Received: 2018-02-16

Issue: Unexpected or other fees

Subissue:

Consumer Complaint: In XX/XX/XXXX I was charged XXXX euros for no reason by Coinbase

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816059

Date Received: 2018-02-16

Issue: Money was not available when promised

Subissue:

Consumer Complaint: On XX/XX/XXXX I wired {$100000.00} to Coinbase.com ( FDIC INSURED ), got an email on the same day saying my wire was being rejected because of a name mismatch and will receive the money back in 7-10 business days. Since then I have been writing, calling and making support cases on their website. I only got 1 computer generated response on XX/XX/XXXX, saying we will look into it. No further progress. This time period has caused me tremendous damage and I am paying 6 percent interest on the money.

Company Response:

State: NY

Zip: 11223

Submitted Via: Web

Date Sent: 2018-02-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2816037

Date Received: 2018-02-16

Issue: Problem with a lender or other company charging your account

Subissue: Transaction was not authorized

Consumer Complaint: On XX/XX/XXXX, four fraudulent {$25.00} charges were made to my bank account towards coinbase via debit card for a total of {$100.00}. I have reached out to coinbase and have yet to receive a response. I have also contacted my bank by email and am waiting to receive a response.

Company Response:

State: MO

Zip: 65301

Submitted Via: Web

Date Sent: 2018-02-16

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.