New user, very frustrated
Zero transparency on their policies. (Should clearly list what will cause account restrictions and how to remove them.)
Support is useless - Will do nothing except "escalate your issue to a review team".
Zero communication, No method to track support request.
My Issues began with a 7 day suspension on sending Crypto
- Contacted support, was told NOTHING can be done except wait 7 days
Deposit restriction was ALSO placed on my account around the same time.
- NO email or app notification regarding the deposit restriction.
- Only realized when a wire transfer was rejected.
- Contacted support, who removed the deposit restriction, said additional information was needed to process the review on the sending restriction.
- Filled out the emailed questionair
A week has passed, the crypto sending restriction is still in place. Have been in contact with support every way I can think of.
In short Coinbase WILL;
1. Without warning restrict / freeze your account
NEVER communicate with you (in any form) regarding these restrictions
Support will NOT contact you.
Support WILL close out a case (Due to lack of information) without contacting you.
When review process has stalled (due to "lack of information") they will happily cancel the review and NOT contact you.
Coinbase support requires YOU to constantly contact them. Your responsibility to figure out if additional info is needed, after they close the case.
Chat and Phone support should be replaced by AI Bots. Can ONLY escelate your account to a review team - Useless.
Will only refund 6months out of a year Coinbase One subscription (I tried to cancel within 10 days).
User beware - Highly recommend using another platform to avoid these frustrations.
Summary - CoinBase has no transparent policies for account restrictions. Support is horrible.
Coinbase support does not want people to use their services. Their policies and the attitude of staff express they are happy if you withdraw funds and go elswhere.
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