Coinbase faces class action lawsuits for insider trading and stealing cryptocurrency from...

Color me surprised.

Sincerely,

A Coinbase hostage.

 

Coin base is just a means to turn cash into crypto then move it to an exchange

 

It is supposed to reverse it, and let you get the cash back into your account, is where they notoriously fail.

And they do monstrous overcharge on everything. They are thieves.

 

I've gone both ways on coinbase and never had a problem. They always over deliver even if their fees are high but they are upfront about their fees. It's not like they hide the from you. Whenever ever you go to sell they tell you the current market value of what your selling, what they're taking and what you will receive in your account.

They aren't theives if you agree to what they're taking.....

 

They always sell you BTC at the price way higher than the currently trading price, and buy for way less then the current price. That's what I see whenever I use them. On top of that, 1.5% to sell + 1.5% to buy is outrageous. So if you want to park your BTC account for some time, it will automatically cost you 3% + the difference from the real price, which is around 1%, so 5% loss just to park your BTC account. They are thieves!

 

Coinbase locked my account with thousands of dollars of bitcoin in it. They are holding my money hostage!

And I have seen many others say the same thing happened to them, also. Supposedly, you can get back into your account if you just jump through some hoops. But I have now done so (provided all documents, and taken extra pictures for verification) literally about 18 times now, and still they won't let me into my own account! Months have gone by now. And still nothing but excuses from Coinbase.

I am really thinking at this point they would probably just rather keep my money for themselves and expect they can get away with it. Since a lot of people don't mind this kind of thing at all if it isn't happening to them. Or even defend it, as long as it's not happening to them! I don't doubt there are many who have NOT been treated poorly/ripped off by Coinbase. But just because you were lucky enough to get by unscathed doesn't mean everyone was.

I really, really want to see them properly investigated on ALL FRONTS. I suspect Coinbase just may turn out to be the Enron/Worldcom of the crypto world.

 

That's what she said. You kinky devil you.

 

The problem I have with coinbase is you can deposit funds but you cant withdraw it. Its 2018 not 1844 why its so hard to withdraw is beyond me. cant even withdraw to paypal

 

I've delt in the tens of thousands with coin base just in the last few months, I have NEVER had a problem I do 2-3 deposits AND withdrawls a week through them

 

I tried to withdraw and atm theres no options... Its like a damn maze, if your US then yes I see how it'll be easy but im british its not so easy its like trying to get blood from a stone