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: 2795982

Date Received: 2018-01-28

Issue: Fraud or scam

Subissue:

Consumer Complaint: I have been locked out of my coinbase/XXXX account for 30 days. I was never given a reason why I was locked out and all methods provided to contact customer service are dead ends. I have roughly {$200.00} USD and approximately .8 ETH ( roughly {$960.00} USD ) locked in the account and have no way to access it. I attempted to resolve the issue with the online customer service form on XX/XX/XXXX and was never responded to. I attempted to resolve the issue with customer service over the phone on XX/XX/XXXX and was never able to reach a representative. I attempted again to contact customer service via email on XX/XX/XXXX and was never responded to.

Company Response:

State: TX

Zip: 760XX

Submitted Via: Web

Date Sent: 2018-01-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795879

Date Received: 2018-01-29

Issue: Other transaction problem

Subissue:

Consumer Complaint: I made a purchase in coinbase this Friday ( XXXX ref code : XXXX ) and coinbase double charged my debit card. This caused my account to go in the negative and I have a check thats out pending that will now bounce. I cant get ahold of anyone at the company and this is ridiculous!!

Company Response:

State: AR

Zip: 722XX

Submitted Via: Web

Date Sent: 2018-01-29

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795765

Date Received: 2018-01-27

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Wire transfer completed on XX/XX/XXXX from my local bank for {$12000.00} to Coinbase, INC. Coinbase says wires are posted to your account the SAME DAY day if received by XXXX EST, they received my wire at XXXX EST on XX/XX/XXXX. The wire as of today XX/XX/XXXX the funds have not been credit to my Coinbase account. I have emailed the company multiple times only to receive generic responses that do not resolve my lost wire. XX/XX/XXXX - I emailed XXXX to say my wire has not been posted. Coinbase responses on XX/XX/XXXX with a generic mass message saying it could take XXXX days from the when the wire was completed ( already over 20 days received ) and have me a link to case # XXXX which says it was specific to my case status but the link takes me to a their general FAQ page. I responded on XX/XX/XXXX to this email asking them to reverse the wire immediately and attached the wire confirmation information my local bank provides to me. No response as of XX/XX/XXXX. XX/XX/XXXX - I emailed XXXX asking where my funds are, they sent back a mass response generic message saying it could take several days and if I the wire was not posted in 2 business days reply with case # XXXX. They also gave me a link to follow up on the case but it goes to the general FAQ page, not my specific case. XX/XX/XXXX - I relied to XXXX to say my funds were still not in my account. With no response. XX/XX/XXXX - Replied again to XXXX saying the funds have not been posted. No reply from company.

Company Response:

State: KY

Zip: 423XX

Submitted Via: Web

Date Sent: 2018-01-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795233

Date Received: 2018-01-27

Issue: Other transaction problem

Subissue:

Consumer Complaint: Hi on the i sent XXXX Ethereum from my digital wallet on XXXX to the ether wallet on my account on XXXX. It still hasn't shown up and i have been sending daily Emails asking for help as this is XXXX worth of aud and pretty much all my savings. XXXX has been great helping with proof of the successful transaction, which i have offered to provide to coinbase on multiple occasions but still no response. I have also tried calling there American number but i can never get through and this is costing me a lot of money each attempt as i live in XXXX. I am desperate and this is heavily effecting my mental health, and just can't understand the lack of support from such a big company.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-01-27

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795136

Date Received: 2018-01-26

Issue: Other transaction problem

Subissue:

Consumer Complaint: Hi, On XX/XX/2018 a {$25000.00} wire was sent to Coinbase.com. The wire was rejected due to the account using my middle name, which i go by, instead of my legal first name. The wire was supposed to be reversed and received by my bank within 7 business days ( which already is a ridiculous wait period ). It has been over 7 business days already and we still have not seen anything or received any correspondence from the company. I can provide detailed information on the wire sent to coinbase. Amount : {$25000.00} Date : XXXX/XXXX/18

Company Response:

State: KS

Zip: 670XX

Submitted Via: Web

Date Sent: 2018-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795055

Date Received: 2018-01-26

Issue: Fraud or scam

Subissue:

Consumer Complaint: I attempted to send cryptocurrency worth {$750.00} to my USD wallet and the funds were never received. This happened a week ago on the XXXX.

Company Response:

State: PA

Zip: 156XX

Submitted Via: Web

Date Sent: 2018-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795044

Date Received: 2018-01-26

Issue: Money was not available when promised

Subissue:

Consumer Complaint: I transferred by wire transfer on XX/XX/XXXX, XXXX to Coinbase.com to be able to buy bit coin. The transfer was executed correctly by my Financial institution according to the directions on their website and it was received by the beneficiary bank, XXXX XXXX XXXX. It has not been applied to my online account and when I tried to call coinbase they do not take human calls and require an email to discuss the issue- after several tries to reach them I spoke to a person named " XXXX '' in the fraud department and he sent me email on XX/XX/XXXX saying he was working on the issue. When I emailed back to check status onXX/XX/XXXX I received a automatic reply that the email address I was given no longer accepted direct emails and I still do not have my XXXX back. I called XXXX XXXX and they said the money would be in Coinbase 's account and that Coinbase would have to release it back. They will not respond to me.

Company Response:

State: OH

Zip: 44137

Submitted Via: Web

Date Sent: 2018-02-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795010

Date Received: 2018-01-26

Issue: Other transaction problem

Subissue:

Consumer Complaint: On XX/XX/XXXX, I initiated an ACH in the amount of {$900.00} to coinbase. Today coinbase withdrew {$3000.00} from my account and attempted 12 ACH request leading to nearly {$500.00} in fees besides the lost money. I contacted coinbase, they can give me no satisfactory answer, say they can not see the transaction on their side and don't know when they can get back to me.

Company Response:

State: WA

Zip: 983XX

Submitted Via: Web

Date Sent: 2018-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2795009

Date Received: 2018-01-26

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: Coinbase charged me debit card fee on buying crypto currency in the XXXX. In the XXXX its illegal for companies to charge a fee for using their debit card for any purchase. This law came into force on the XX/XX/2018. XXXX XXXX XXXX

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2018-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2794946

Date Received: 2018-01-26

Issue: Other transaction problem

Subissue:

Consumer Complaint: Hi Dear Coinbase Support Team. By mistake i have given the coinbase ETH address during XXXX XXXX, and i have recieved my XXXX $ CRPT coins in coinbase address XXXX. Please look into the issue ASAP and either transfer the token to my correct MEW ETH address or Send the transaction back to the sender. My friend did the same in XXXX and XXXX sent the token back to sender. Please do the needfull ASAP. Please send the transaction back to my correct ETH adress XXXX or to the sender back. your help is highly appreciable.

Company Response:

State: CA

Zip: 95670

Submitted Via: Web

Date Sent: 2018-01-26

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.