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: 2762280

Date Received: 2017-12-21

Issue: Fraud or scam

Subissue:

Consumer Complaint: I had received XXXX XXXX in XXXX of XXXX that was given to me on Coinbase as part of a XXXX XXXX class. In XXXX XXXX XXXX the money was taken from my account. Original Wallet XXXX XXXX XXXX I recently made an inquiry with coinbase and they deleted my history. It ended up in this address which seems to be related - XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX. XXXX XXXX XXXXXXXX

Company Response:

State: OH

Zip: 44107

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2762166

Date Received: 2017-12-21

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

Subissue:

Consumer Complaint: Saturday, XX/XX/XXXX purchased {$4000.00} of bitcoin through Coinbase with an affiliate link that was supposed to give me a {$10.00} credit as well. Today, XX/XX/XXXX we see market value plummeting given their unfair announcements devaluing my purchase. Get canned responses trying to cancel the still pending transaction that was withdrawn from my bank immediately. However, still can not access or trade my Bitcoin wallet to move my funds to a more secure store or market. As it is right now Ive lost a 1/4 of my investment without the ability to move/shelter or withdrawal it.

Company Response:

State: OR

Zip: 97045

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2762132

Date Received: 2017-12-21

Issue: Other transaction problem

Subissue:

Consumer Complaint: Coinbase XXXX # XXXX Coinbase / XXXX have suspended my account due to a return payment. I selected the wrong payment type and subsequently canceled the payment cause of insufficient bank funds. So Coinbase XXXX has locked up all my fiat and cryptocurrency. I 'm unable to log into XXXX, which is where all my funds are. I 'm unable to withdrawal funds, which I was planning to use for some of my bills. They have XXXX of my yearly salary locked up in their system, and I ca n't even see my balance. Very Scary to me! At this point I 'm scared they may have stolen the funds. My attached email is dated XXXX XXXX, but I 've been trying to get this resolved for 2 weeks now ( I 've had more than one case # ). The email says something about verifying identification, which I had already done when I opened the account. The rep I spoke to on the phone said I should wait to hear back before resubmitting my ID. CoinbaseXXXX ID verification system is broken also, making this task seemingly impossible.

Company Response:

State: PA

Zip: 17046

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761875

Date Received: 2017-12-21

Issue: Other service problem

Subissue:

Consumer Complaint: Hello thanks for read this! Have a technical trouble to accss to my account on coinbase. Explains the reason. Recently I change my contry of Living, I am travelling in XXXX for couple of months and I will Come back to my home in XXXX. I was living in XXXX for 1 years and of course had a phone number XXXX. Because I close this account ( phone number ) I cant have access to my account because they send my a code for change my password. I didnt want to XXXX this password but I wouldnt access to my account on my computer ( dont know why because on my phone this password was working ). I decide to change this password to have complet access to my wallet in both system. I dont receveit the code so I need to change of phone number on the website and my account but doing this i Need to verify my account. That there have trouble too because they cant verify my passport and a selfi of Me ( maybe because in my account its not XXXX for the contry of residence ) but I can change this of course because of the password I cant have acces to my account. I try to call them few time nobody answers, I try to send some email for explain the situation but they send my a links for verify my account. I invest more than 1000 $ in and now I dont know what going on. All this happening 2 last week ago. I open a request but nobody send me nothing. I have the felling to have lost this money!! I have my passport and all What I need to get access to my account its frustrating. I Hope you can give me a way to done something and get back this money. Thank you

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761871

Date Received: 2017-12-21

Issue: Other transaction problem

Subissue:

Consumer Complaint: To Whom It May Concern ; On Friday, XXXX XXXX, XXXX I initiated a transaction in amount of {$1500.00} USD on Coinbase.com ( Page 1 ). On XXXX XXXX, XXXX I found out that my purchase of virtual currency was not credited to my account. I opened a ticket with case number XXXX at Coinbase customer service center and made a phone call to escalate the issue ( Page 2 ). On XXXX XXXX, XXXX I sent another email to check the status of my case ( Page 3 ). Still waiting for a response on XXXX XXXX, XXXX I made a phone call and for the second time, I escalate my issue and a representative sent me a conformation email of our conversation ( Page 4 ). As of today XXXX XXXX, XXXX still my account has not been credited. Hereby I seek your help to resolve this issue, and get credited by Coinbase for the total amount of {$1500.00} USD for the purchase of virtual currencies, Ive never received. Please refer to attachment on page 5 for a copy of my account activity on Coinbase website which indicates I never received XXXX ETH in total amount of {$1500.00} USD. You may also refer to page 6 for a copy of my bank account statement showing the withdraw amount made by Coinbase on XXXX XXXX, XXXX and the transaction ID. Please do not hesitate to contact me if you need any further information. Thank you so much for your time and consideration. Sincerely,

Company Response:

State: CA

Zip: 94549

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761869

Date Received: 2017-12-21

Issue: Fraud or scam

Subissue:

Consumer Complaint: Coinbase Inc., advertised that a deposit made from a linked XXXX XXXX account via ACH transfer would be available in seconds. It has been 8 days since my {$1000.00} deposit has been withdrawn from my checking account, but it never confirmed by Coinbase. Coinbase simply stole {$1000.00} from me. Coinbase app and website crashes frequently and I 'm locked out of my account most of the time. I believe, coinbase is engaged in fraud and deceptive busines. All attempts to reach coinbase representatives were unsuccessful. The company did not respond to email, phone or webform requests for help.

Company Response:

State: GA

Zip: 30066

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761802

Date Received: 2017-12-22

Issue: Other transaction problem

Subissue:

Consumer Complaint: I purchased an option from XXXX back on XXXX XXXX, XXXX for XXXX btc using my coinbase wallet. 3 hours later I won my option and funds and earnings were returned to coinbase three hours later and documented by the bitcoin blockchain. I never recieved a credit to my account for XXXX btc and from my research of the blockchain can see my money was sent from coinbase into some coin tubbler service. I have reached out once last year and never recieved a follow up from the coinbase research team. I contacted them again yesterday XXXX/XXXX/XXXX asking for my money to be returned. I have still not recieved a reply so I 'm seeking your assistance.

Company Response:

State: CA

Zip: 91606

Submitted Via: Web

Date Sent: 2017-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761390

Date Received: 2017-12-21

Issue: Fraud or scam

Subissue:

Consumer Complaint: My account has been locked for over 13 days with zero response from Coinbase after raising a support ticket immediately. Have also tried XXXX their support XXXX account with no response. Also impossible to get through to their phone support line. This account contains money and a number of cryptocurrencies which I can no longer access.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761378

Date Received: 2017-12-21

Issue: Money was not available when promised

Subissue:

Consumer Complaint: The company I complain about is Coinbase. I made a withdrawal XXXX euros, wire transfer from my Coinbase account to my bank account on XX/XX/XXXX, they said that transfer is confirmed and money should be in my bank account within XXXX. Have done this before, usually 1-2 days and money is in my bank account, but not this time. More than 9 days now, but still no money, I have written them complains and asked for help, but no answer at all. Could you please help me sort this out! I am ready to give you all the information you need about this transaction!

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2017-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 2761320

Date Received: 2017-12-21

Issue: Wrong amount charged or received

Subissue:

Consumer Complaint: On XXXX XXXX 2016 I had XXXX bitcoins which was worth about 3000 US dollar back then transfer to my wallet in Coinbase the transfer was successfully processed but the coin never showed up in my Coinbase wallet it seemed before the money go to my wallet they transfer it to 2 diffrents wallet that I had no clue I contact them they asked to send everything that I had I sent them but no one can really give me a real answer all they told my account is at level 10 right now no real answer I have all the screen shots to support my claim it is very scary I had the money send to that wallet so I can invest it but Coinbase try to steal my coin

Company Response:

State: FL

Zip: 33024

Submitted Via: Web

Date Sent: 2017-12-21

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.