Topic: Fuck Coinbase (Read 2550 times)

FUCK COINBASE

Ive had an account with them for 4 years with several thousand £ in various currencies in my wallet, now they have all of a sudden reduced my daily debit/credit card limit to £5 ....FIVE FUCKING POUNDS...

I have been fully verified for years and even reverified and accepted recently...

My bank transfer buy limits is £100,000 yet debit card (which is the only ever means I use is £5)..banks transfer buys take 4 days so ther eis no chance is twenty thousand year I would ever buy crypto with a FOUR DAY DELAY... fuck off..

Support are a joke and only give scripted responses.. as per below...

Hello there,

Thank you for contacting Coinbase support and sorry for the trouble. Instant buy limits using a debit or credit card are calculated dynamically based on account status and activity. You can take a look at your current limits and the verification steps required to raise your limits here: https://www.coinbase.com/verifications

If you have completed all verifications, your debit and credit card limits will increase over time and as you make transactions with us.

If you are a US-based customer and you want to buy more digital currency than the current instant limit on your debit or credit card, I would recommend linking a bank account with us at https://www.coinbase.com/payment_methods

Buys from a linked bank account typically have a much higher limit, and the fees are much lower. The only disadvantage with buys from the linked bank account is a 3-5 business day delay in the delivery of your digital currency, because of the ACH bank transfer system that we use.

Thanks for choosing Coinbase!

For inquiries and questions, you can also check our online website https://support.coinbase.com.

With Regards,
Dave
Coinbase CSR

What I learned when I went to coinbase with hopes of prospering

Their network Interruptions are now a daily thing.
They yielded to the feds and IRS. They're basically lapdogs now.
They respond 6 days and with an automated service while you tremble in fear of losing your Investment.[/li][/list]


So yeah, I packed up my sh*t and went to Paxful and other sites.
We don't deserve that. We worked for our coins.

Thats a right and safe approach keep bitcoins safe in your own desktop wallet. Storing bitcoins at Online wallet providers like Coinbase is always a risk as they can anytime block your account making you deprive of your savings. They never give you your private key and hence they are in control of your coins.

I've made around 5 purchases within the last month and my account has been credited instantly each time. Have the finds been deducted from your card already? You should email support ASAP. Would love to hear the outcome of this.

Fuck Coinbase!
Made an "instant" credit card purchase that shows "Your purchase was successful!"
I got no litecoin. 18hrs WTF?

I guess it's better to get your coins frozen, or to facilitate being tracked if it were the case bitcoin becomes illegal and you insist to use it.

Rawdog, seriously? You finally bought some bitcoin? Welcome to the new wealthy elite even if you are a late adopter. Don't you wish you had listened to Davincij when he started mining so many many years ago....

Of course it does makes sense. If you want to have a full control of your amounts then you should not waste your time using their service because they are and exchanger and they have your amount. And in the first place you should have read their those if it is against your will then go simple

So you are expecting a decentralized treat to your bitcoins once it was stored Coinbase? Makes sense mate. That's a third party and all decentralized thing of bitcoin is not included once you stored it on an exchange wallet especially a web one.

And in the first place, why the hell a person will stored large amount on this exchange? Those people are in the possession of lots of money and they are not thinking some of risk associated when using a service of an exchange company. They are really taking care of their money lol.

I'm still using coinbase service for my activity in Bitcoin receive and sent payment, but this is should be warning for me to change my wallet, i'm prefer to use dekstop wallet for next time, maybe Electrum or Multibit, is hard for me to use Bitcoin Core because need to download a large chain.

This is what happens when giving enough credit and trusting with 8 figures amounts to the greedy companies.

I hope they are not in as bad a situation as some people say, because in this case there are few options for reliable exchanges. Even bitfinex has been hacked in the past year. A few months later coinbase went through legal problems. If we continue in this way users will be more insecure about using exchanges.

The price you will get on LBC is a lot lower then you will get on coinbase (or the price you will pay for bitcoin is a lot higher then you will pay on coinbase) if you are wanting to buy at a specific time. The risk of getting scammed on LBC is also a lot higher than with coinbase.

Thats completely bullshit, coinbase is a shitty exchange government-whored and as we know you cannot trust cunts. I know its the only alternative of many, try localbitcoins folks.

They are shutting down accounts only in case you are violating rules and terms otherwise still its one of best exchange and we can trust them they are doing good job I am using them for last 3 years without any problem

It still doesn't make any sense. Bitcoin is a decentralized currency and even If Coinbase isn't an ideal bitcoin wallet, Shutting down user's account with funds inside is insane.

Lol you must have read first their TOS, obviously bitsler is a gambling site so blocking your account would be so easy because you broke their TOS. Although I have read at least 3 complains about the coinbase f*cking its users so still should choose not to use it anyways.

Having to go public to have such issues addresses isn't acceptable for a "regulated" service in my opinion. Coinbase shouldn't assert to such tactics as canceling orders for whatever reason.

Only a noob would use coinbase in 2017.They're a bitcoin bank ran by corporates which adhere by the rules laid by the NSA even if that means stealing your information and saving it to their government directory.

Happy Realization.I hope you'd spread the word and save as many bitcoiners as possible.

Reading here and there, i read more and more complaints about coinbase; there are always some negative comments with any companies, some are legit and understable and  some not, but the one i see about coinbase make me worried about them...
When you compare with their dev. it seems to me it's started since they implemented etherum ect. In fact i started to doubt when they implemented etherum. Looking like less users than they excepted, so they added etherum to attract more