Do Not Use Caution! Caution! I had a Coinbase account for a few years mostly small dollars. I recently moved over $40K into my account and Coinbase immediately froze it for security reason. Original hold was for 7 days. After verification that all was good, on day 6 Coinbase increased hold to 30 days. Then 3 days later after another verification process, Coinbase restarted the 30-day clock. Pretty sure in 30 days Coinbase will find another reason to lock out funds for even longer. Best not to ever use them if you value you funds or expect customer service.

Cowardly Operation Unfortunately there aren’t many alternative options when it comes to regulated crypto exchanges, Coinbase pretty much has a monopoly and taking full advantage by illegal practices that involve random unjustified account freezes. A huge problem I have had as a decade long customer is they refuse to provide any customer support by phone. Everything is forcibly done through email by design so they have unlimited time to resolve your case. Sometimes an account is left hanging for months, even over minor issues. They also use overseas reps who are often useless and serve as mere secretaries who’s purpose is to stall or hand out case numbers. I wish the FTC would investigate there practices because no bank or credit card company would get away with this, but for some strange reason these guys get a pass because they are crypto.

Scam Scam, be careful. They just take the money and don’t let you withdraw it in any way! They simply delete old bank accounts and prohibit the withdrawal of cryptocurrency. They don’t make any refunds, and technical support just comes up with new reasons every time why you can’t get your money back.

Scammers They have been asking from compliance department to complete my KYC for almost 2 years, I have been trying to solve it but they keep asking for papers every one two months? They just wanna make me tired and make me loose my money…

The new system with Coinbase Wallet is… The new system with Coinbase Wallet is frustrating I have send some money with Ethereum to another wallet. But the receiving end never received it. When the hash fully been checked and the status is on Completed. It have been more than 24 hours.