Coinbase: What Is It and How Do You Use It?

5 stars based on 46 reviews

Coinbase is a digital asset broker headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in countries worldwide.

No problems detected at Coinbase. At the moment, we haven't detected any problems at Coinbase. Are you experiencing issues or an outage? Leave a message in the comments. Bitcoin is a legacy. We need to step forward and embrace upgraded systems. So many alts so mich potential, except BTC. Did jack talk about how he's going to fix the Bot and spam problem?

This is a revolution and they know it. Why market is down today? What do you mean by addresses? In what way are they a major issue? Custody is already available via Coinbase and Gemini. They locked me out of my account since January and haven't fixed their issue. They keep saying that they will but they never do. CoinbaseSupport Coinbase will also not help you! They locked my account since January and say they will fix it every week I call but haven't and it is the middle of May!

They have no customer support and don't care about customers. Don't even reply to BBB! Do not use coinbase CoinbaseSupport! They have locked me out of my account since January and haven't helped me. I call every week and they always act like they will fix my account, but never do.

Won't even reply back to BBB. Terrible company that should go out of business! Your lack of coins and announcements bring down the whole market!!! LordJerrelle coinbase I've been a customer for over a year and never had a problem. But now I think of it, I recently added a new credit card which might have triggered their system.

His insider trading at coinbase has left a bad taste in many people's mouths. Big blocks aren't a solution to the problem, only a band aid. Segwit and ltn have potential to solve it. How could people trade crypto when you block them from trading with their hard earned money?? My account has been blocked for 1 week and none seems to help me fix this issue. Already lost money because I'm blocked from my account. I'm filing a lawsuit. Gameofcrypto davidgokhshtein Way to skew facts.

Coinbase has always said they were not planning to add ANY more assets, they never singled out XRP as if they had a problem with it. Delaying on divest e-commerce, keeping on delaying ICO deadline, raising the tokenized trading platform in the first place but lag far behind competitors like Coinbase. I only use USAA, not had an issue buying crypto through coinbase, and once i did the first approval for coinbase purchases i didn't have another issue.

Been buying since december. RobKruegerz haydentiff Overstock coinbase Being the biggest company pushing a barely beta technology is gonna have problems. Growing pains my friends. It does not match their vision. Hi hope we helped you. No one will assist CB: Everyone there must be trained to lie. I finally got someone to admit there is an issue with their platform so even though my fund ARE available contrary to the repeated lies, coinbase won't let me sell to my bank.

This was one of the down falls of Uber before the CEO was kicked off. I have raised the issue with coinbase and everytime get a standard reply saying the system.

XRP may very wel be labeled as such in the future. I am sick of hearing about a coin going to the moon just because it gets listed on coinbase or any exchange for that matter. If the coin or token is backed by a real project that is a solution to a problem it will moon regardless where and when it gets listed.

White, please do some Coinbase house keeping before making more announcements. Coinbase customers still cannot get access with issues. Today's Crypto News 1. Coinbase launches Institutional Custody Product 2.

Ripple launches Venture Capital Fund 'Xpring' 4. Fedex CEO believes in long term potential of Blockchain 5. Most likely if coinbase doesn't return our assets very soon there is going to be a class action brought against them.

That is being looked at as we speak. Year of the Institutional money coming to Crypto? They already stopped purchased via Coinbase, now it's QuadrigaCX. When you call, they say it's a security issue. BnzSales Told this to marketing dgb team. They will suck in the dumb money first! Please fix it asap. I just did the same on Sunday. The process is easy, but fees are outrageous. What are the other options?

As a one time principle of a public entity I can from experience say resolving this could take years. In my own experience it did. Coinbase doesn't have a broker license, can't be a market maker. They also have SEC issues. CoinbaseSupport I'm locked out of my account and I feel I'm being rob of my hard earn money doing business with coinbase.

I will taking legal action against coinbase ir my problem dont get resolved in a timely manner. I'm giving coinbase 14 days and I will start my lawsuit. DaffBecks dpakman coinbase CoinbaseSupport Usually leads to legal ramifications when a company very quietly retcons their policies in response to an issue like this.

Maybe they've got good lawyers but they don't seem like a particularly large company. Could be avoided if they had insurance like a bank does, but hindsight. Just got off the phone with BankofAmerica Found out that in order to be assured future purchases at coinbase wouldn't be declined by the fraud protection AI, customers must request to disable ALL fraud protection services for ALL future transactions.

I am very close to jumping into the crypto market and as disturbed by this issue. Your rep tells me you will do them right! CoinbaseSupport has continued to not respond to my issue. They asked me to DM but have yet to give me feedback on that fact they have taken money out of my checking account but no ETH in my Coinbase account. CoinbaseSupport Guess there was never a problem with coinbase, they couldn't even pull off an email scam under you guys.

Everyone would know it was bullshit if you ever made contact. HaShForce coinbase This might be true. Only time will tell I guess. Thank you for the report! If you have any tips or frustrations you wish to share, please leave a message in the comments. Coinbase Live Outage Map The most recent outage reports and issues originated from: Share them with other site visitors: Coinbase Issues Reports Latest outage, problems and issue reports in social media: CryptoCow KalvinNowak reported 17 minutes ago Bitcoin is a legacy.

Random Forest dataguy reported 6 hours ago CoinbaseSupport Coinbase will also not help you! Random Forest dataguy reported 6 hours ago Do not use coinbase CoinbaseSupport! Osman Toplica OsmanToplica reported 9 hours ago LordJerrelle coinbase I've been a customer for over a year and never had a problem. Adam Gattellari agattellari09 reported 13 hours ago jeevanshrestha Doubtful, the coinbase hype has gone.

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Cryptocurrency exchange Coinbase will be turning over information on 14, of its users to the IRS — Uncle Sam's tax collectors — thanks to an order from a US court.

The order [ PDF ] comes after a year-long battle between the IRS and Coinbase over the US tax authority's request that Coinbase cough up any identifying personal details on users it believes were skirting taxes on money that had been moved through the site and underreporting gains that should be taxed.

Basically, the IRS wants to know who exactly has been potentially evading their taxes by moving money through the site. Coinbase objected, claiming the demand was a violation of its customers' privacy. Now, after narrowing the scope of the request, the IRS will get its hands on info on 14, people it believes moved the most amount of money through Coinbase without paying tax on their gains.

Coinbase estimates the targeted group is about one per cent of its total customer base. Under the terms of the order, Coinbase will disclose users' taxpayer ID numbers, names, birth dates, and addresses along with transaction logs and account invoices. Coinbase heralded the decision as a "partial victory" in that it got the judge to narrow the request down from the hundreds of thousands of records that the IRS had first asked it to cough up. Now, Coinbase said, it will review the order and, prior to handing over the information to the IRS, notify those users whose info is being disclosed.

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