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Author Topic: [Cheating Coinbase] Be Careful All Coinbase Users  (Read 192 times)
BountyDoor (OP)
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May 29, 2020, 04:58:21 AM
 #1

Lately the coinbase team is suddenly blocking the account. Without any notice. So be careful for buy sell and hold your crypto on coinbase.


For Example

My Account verified but coinbase team blacked my account. I lost 50 usd ETH

The screenshot below is shown as proof

Some Review


Note:Coinbase Not safe for hold big amount of Crypto. If you do it. You cam lost your money. So be careful. You can use Blockchain wallet and Binance  for buy sell and  hold crypto  safely  
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May 29, 2020, 05:47:07 AM
 #2

Coinbase was easy to use. That's why i used it 4 years ago when i was new to crypto but there i was facing many problems. They blocked transactions sometimes without prior notice that was disgusting to me. Sometimes they block the account without any warning or legitimate cause. I have left coinbase from that time and i am still using Blockchain wallet.
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May 29, 2020, 12:12:38 PM
 #3

Lately the coinbase team is suddenly blocking the account. Without any notice. So be careful for buy sell and hold your crypto on coinbase.


For Example

My Account verified but coinbase team blacked my account. I lost 50 usd ETH

The screenshot below is shown as proof

Some Review


Note:Coinbase Not safe for hold big amount of Crypto. If you do it. You cam lost your money. So be careful. You can use Blockchain wallet and Binance  for buy sell and  hold crypto  safely  
Ever since coinbase came in existence have not made use of it for any transactions be it ETH or bitcoin what have been making use of its luno. Which I was having this feeling that it's only made for foreigners which Nigeria was in the list of countries.

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May 30, 2020, 01:54:48 AM
 #4

You definitely have done something against their rules. You are verified does not mean you will not follow their terms and condition. My coinbase account is not verified but still I am using it without any problem other than a bug I faced some months ago which was solved within couple of days.
I will not say coinbase is good to store crypto, it is very risky because they are custodial wallet service. You should use wallet which you control or you have the private key.

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coboguard
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June 01, 2020, 08:10:17 AM
 #5

Coinbase for me it's okay no worries with them yet Kiss.

No need for kyc for exchange today there are several methods

Fiat only ERC, Ethereum:
https://medium.com/myetherwallet/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4
https://www.financemagnates.com/cryptocurrency/news/no-kyc-on-myetherwallets-regulated-crypto-to-fiat-exchange/

Exchange:
https://stellarport.io
https://news.bitcoin.com/6-cryptocurrency-exchanges-that-dont-require-kyc/

ERC
https://www.airswap.io

It is true that ERC are more practical for exchanges without KYC Wink.

For bitcoin it becomes more complicated there are sites that can bypass the kyc with a risk for fiat Roll Eyes.
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June 01, 2020, 08:51:16 AM
 #6

"Bountydoor" have you contacted them yet through using their support email. If yes then you can share all the screenshots here. Personally i have my coinbase account and its verified. Still i haven’t faced any problem and their service is quite good IMO. As far as i know due to country restriction issue they block their users account. So i am not sure actually why did they blocked your account.

Try to contact their support and don't forget to give updates here.   


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hugeblack
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June 01, 2020, 10:34:33 AM
 #7

Note:Coinbase Not safe for hold big amount of Crypto. If you do it. You cam lost your money. So be careful. You can use Blockchain wallet and Binance  for buy sell and  hold crypto  safely  
In brief:

 - If you do not have the required documents, do not use these platforms.
 - If you do not read or understand the terms of use, do not read these platforms.
 - Do not trust one platform. It is best to use several reliable platforms.

What is the difference between Coinbase and Binance? Both are central platforms, so it is best not to use those platforms to store large amounts.

If we want a comparison between Coinbase and Binance, Coinbase will win, the problem is that they may close your account at any time, as the support team may not respond, but the platform remains legitimate and one of the safest ways to buy Bitcoin (focus buy, not store.)

Blockchain wallet is the worst advice for storing cryptos, it is a buggy wallet, does not support bc1 address (fewer fees), and other things that make the decision to use it a waste of money. Try Electrum.org
Most negative reviews are for people who have experienced problems, not reports of scam against this platform

Returning to your condition, have you contacted the support team? What was their answer?

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