Post
Topic
Board Exchanges
Coinbase, the famous scam - wallet we should avoid
by
Kuopiotis
on 12/12/2017, 15:57:48 UTC
Dear friends,

As most of you, I have the interest in investing in cryptocurrencies. I have many online wallets and trading accounts (and soon a hardware wallet).

But only one specifically frustrated me so much. Coinbase, is the wallet that will not let you have access to "your" account and "your" coins whenever you want, they will not even let you withdraw money if you convert your coins into €/$. In your most critical moments of investing, you have actually nothing.

I chose to have Coinbase as my main wallet, as I can buy and sell (or I thought) anytime Bitcoin/Ethereum/Litecoin.

Every damn time a currency is suddenly raising (has a bump) and there is sure it will again drop or it will be down and it is going to go up, Coinbase will NOT let you have access to your account! You are left to see in agony without any way to have access to something that belongs to you.

Coinbase is not also letting me withdraw the money I convert into €. It gives me no option of card or something when I go to withdraw. They are good at getting your money and coins and that's all!

Coinbase cost me lot of money and I can do nothing about that. Even their support is never answering in any of my questions (not even why I can't withdraw)

If you wish to have Coinbase as an online wallet after that, be my guest! I will personally take my coins and wave bye-bye (especially after I will have my hardware wallet and there are other, more good and ethical online wallets) to these scammers. Good luck to everyone that will not.