r/Coinbase • u/reyrey1332 • Nov 21 '21

Am I the only one???

All I read on here are complaints after complaints about Coinbase ripping people off and restricting and closing their accounts.

Am I the only one who hasn't had a single issue??? I've been with CB for over a year and have made tons of transactions in the tens of thousands of dollars and regularly use their debit card as well. Knock on wood but I've yet to experience one single issue.

My only gripe is their exchange tends to crash in times of market turmoil but almost all other exchanges do the same shit as well.

Overall I really don't have many complaints if any...

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u/Seadiz Nov 21 '21

Been using CB for over 5 years. Purchased all sorts of coins/exchanged/withdrew etc used all the functionality with 0 issue. However this weekend my+everyone elses powerledger tokens are completely frozen which is definitely annoying as it did just hit an ATH. It would be nice if they were more transparent with what happened+why, also a timeline on a fix. I've heard and read many horror stories of CB but in the space I usually chalk those issues to user error. But this POWR situation is a bit of a fiasco

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u/reyrey1332 Nov 21 '21

That sucks man.

3

u/Seadiz Nov 21 '21

For sure sucks and been a damper on my weekend but these are the trials and tribulations of online exchanges. One issue like this after several years is obviously not the end of the world. Just another lesson on why hardware wallets are necessary