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Coinbase is a dumpster fire. I moved states and they suddenly disabled my account. Which is fine, but they have now been holding my staked Ethereum hostage with
by hackernewds 4y ago
Coinbase is a dumpster fire. I moved states and they suddenly disabled my account. Which is fine, but they have now been holding my staked Ethereum hostage with no ability to withdraw.The support team has no capacity, ability nor the company has installed much incentive to help (besides hitting their resolution time metrics) even if they were willing.
I only air this out publicly since, it seems by design that they want to delay or prevent withdrawal of your funds. And there is no other recourse.
Explicitly caution everyone to move your holdings to a hardware wallet, and never stake anything on Coinbase. Not your keys, not your coins.
- mmerickel 4y agoTo be fair they are quite up front when you stake Ethereum that you cannot withdraw it before the network itself supports it... Hope they re-activate your account though!
- deleted 4y ago[deleted]
- jlmorton 4y ago> holding my staked Ethereum hostage with no ability to withdraw. I mean, it's been pretty explicitly warned that you can't withdraw until the Eth2 merge. This is not a Coinbase issue, this is a staking issue.
- bspear 4y agodumpster fire sounds right. their support team is also basically non-existent, so if you ever have questions about your account, expect multiple days of waiting