✔️ Information reviewed and updated in December 2023 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Coinbase. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Coinbase and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | coinbase.com |
| 🏠 Company* | does not mention it |
| ️ Regulation | Not regulated |
| does not have | |
| 📈 Leading | Coinbase |
| 📌 Address | does not mention it |
⚠️ Coinbase does not mention who owns it, the company does not mention where is located, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
We now move on to analyze the account types offered by Coinbase, in this case, we note that it does not offer account types.
Information on the web
Coinbase provides a basic explanation on the financial products it offers, market news and analysis, live charts, not really much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Final Coinbase Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Coinbase.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Coinbase:
| Date | Update – news |
|---|---|
| July 2023 | We receive a large number of messages from Coinbase customers who claim that they cannot withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Coinbase.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Coinbase
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Coinbase
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Coinbase?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Coinbase a scam – is it a scam?
Yes. We believe Coinbase is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Coinbase trustworthy?
No. Coinbase is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Coinbase?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Coinbase?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
This company will rip you off. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.
Hi JohnBAEZ, thanks for writing about Coinbase being a serious and regulated exchange.
Greetings.