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Coinbase has become uselessly ratchet.

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by COINS NEWS 34 Views

For tax purposes I won’t delete my account for a few more months but as a service it’s dead to me.

I needed 150 in Bitcoin today for a purchase so I signed in and proceeded to add money and send my buy order through.

Everything clears without incident and order is fulfilled in 30 or so seconds. Off I go and grab the receiving address and set that order up.

Suddenly I’m frozen from transactions. Can’t send any crypto out. Only live in the Coinbase universe.

It is now requiring identity verification with ID and video confirmation or it’s locked until the 16th of June!

Mind you, I had issues accessing my tax forms from their document section. I had to go through ID verification… I had to do my ID and video with pictures of my face…
This was about a week and a half to two weeks ago..

Now I’m required to do the ID and Face ID AGAIN… plus there is this run down of extremely intrusive questions regarding my intentions. My employment, my wealth, my friendships… other unnecessary private info which has a zero point zero chance of my honest answer … just because.

Instead of throwing my phone against the wall… I message off and explain to the waiting individual that payment will need to wait until i speak with help desk real quick and straighten this out.

When I explain my issue and how I had to do this verification twice this year and once last week and I’m quite positive we know the “me” that uses the account.

Hold for 15 minutes… followed multiple similar exchanges.

“Sorry, looks like you’ll be locked out for transfers until the date stated”

I lost it.

I Spouted off (sternly stated without raising my tone of voice) about how… “you’re crooked, ratchet ass thieves!”… You are perfectly comfortable with my identity verification so much so you accept money from my account but as soon as you get you’re profit side complete suddenly I am an unknown, unsafe entity needing protecting from myself apparently.

There was no possible escalation I was told. The date is the date. He refused to reply to my judgment of their timing to lock an account.

I hung up, went into Exodus and set up buying though them. Purchase made and sent out almost instantaneously.

F u k Coinbase

Thanks for making it this far. You care more than Coinbase and I don’t spend thousands on you.

submitted by /u/AdNational8155
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