Description
UpdateA hosted web-based E-Wallet used for sending, receiving and storing bitcoins. This is not to be confused with the data structure in the blockchain which is also named coinbase.
The service aims to be the easiest way to get started with Bitcoin. Its service is modeled to provide an experience familiar to those who are comfortable using PayPal.
Reviews
Write a reviewTiff - January 12, 2017
Katie - January 12, 2017
darren short - January 11, 2017
Anonymous - January 10, 2017
It is a horrendous service that does not process your payments at all. I bought Bitcoin in 2013. I went to sell it in December 2016. Here I am in January 2017, STILL unable to process the sale. My bitcoin has been returned to me TWICE after selling it and receiving multiple confirmations that the sale was successful. Bitcoin prices are now below what I sold it for originally.
THEY DO NOT RESPOND TO EMAILS.
THEY DO NOT RESPOND TO SUPPORT TICKETS.
THEY HOLD YOUR BITCOIN AND DECEIVE YOU BY TELLING YOU THEY SOLD IT, ONLY TO RETURN IT ONCE THE PRICE IS LOWER.
STAY AWAY FROM THEM.
I CANNOT STRESS THIS ANYMORE. DO NOT USE COINBASE. AT ALL. WHATSOEVER.
Terrible!!!!! - January 10, 2017
A++ ! - January 8, 2017
Tim - January 8, 2017
Dutxh - January 7, 2017
MXT - January 6, 2017
2. Their customer service is horrible, not friendly, and lack care or concern. To confirm clarification with their privacy policy I asked them a question, they redirected me back to the privacy policy. I told them it didn't answer my question, rather than try to understand it or clarify further, they simply stopped replying. It was quite a common thing to ask them a question via support and receive service that didn't answer the question or that was to put it quite frankly: rude.
3. Unhappy with their service, and with the IRS wanting to know every little detail about the users I decided to just leave despite having nothing to hide (was uncomfortable with the breadth of the request). I closed my account but coinbase keeps your data and yet says it's impossible to reopen your account (at least Circle that if you close your account they keep the data and you can reopen it). Coinbase won't let you. That same month changetip AND circle shut down. I was told by Circle to go back to Coinbase. After how I felt treated and with all the risks involved I decided not to be 'pushed' into their corner and walked away.
This has left me hunting for alternatives before the next market crash. So here I find myself looking at cex.io, and other exchanges to fill in the gap.
Another note is that like Circle, coinbase monitors all of your transactions. I only ever used it to buy and then would immediately send it to another wallet I controlled with different addresses or shapeshift into something like Dash or Monero. They nanny you watching what you spend it on, porn, gambling, your kids presents, it's just very big brother like, more so than an average bank account so another reason why I stepped away.
HKE - January 6, 2017
Ivan - January 5, 2017
Matthew Rawlings - January 5, 2017
Steve W - January 1, 2017
Salsha - December 23, 2016
Jesus - December 23, 2016
NoLimits - December 23, 2016
sam - December 22, 2016
sam - December 22, 2016
Carter777 - December 21, 2016
Tom - December 14, 2016
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