Here Is Why I Am Done With Coinbase - I Quit!

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Those of us that are already frequent users of the COINBASE Application, and Wallet will be aware of the constant and often monthly technological issues the company seem to have... Ahhhh it's gone too far now. 

Look when an app works great, things a great but when an application such as Coinbase becomes absolutely trash and buggy, in turn costing the Coinbase member cold hard Cryptocurrency - then the problem starts to grow into - "I want to stick a lawsuit on you!" 

Above: Pending Coinbase BTC Transaction Example... 

For many of us Coinbase users we face quite high fees and charges, at first these had not been too costly and seemed fair considering the Coinbase App and wallet had been quite unique and speedy - not anymore by a long shot! 

Recently there have been issues around transaction speeds, particularly around Bitcoin and Ethereum - and yes in theory one can expect a delay with Bitcoin of up to a few hours (which would never work in real world transactions) - but a delay of 6-days is taking the absolute piss considering Coinbase own there own Bitcoin Nodes - so what is the problem? 

I tell you what the problem is... Bitcoin transaction amounts, and Coinbase Node Greed... And if you are transferring Bitcoin funds from a facility such as NEXO which pays a low fee, also that is set and uncontrollable - forget a speedy transfer with Coinbase - in fact you will probably have to issue a reversal request. 

Frustratingly, for over week since the turn of 2021, the Coinbase app and website have been very much under performing and in error on multiple occasions - For myself that is it... I am done.

Several transactions have been left pending in my Coinbase Bitcoin Wallet. I wanted to move between trades and accounts, nope... Forget it... Missed out... 

I am done with the fees, borderline scamming, the constant errors, the excuses and losses caused by Coinbase - I am out... Done with... Finished... Forget you Coinbase. 

Check out my sponsor and grab a $5 starter from HoneyGain - Get paid and receive daily bonuses for your spare Internet Juice. Paid via BTC direct to Wallet or payment by PayPal. 

Regulation and Society adoption

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