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by avionicsguy 1595 days ago
I'm not puzzled. Coinbase is great as long as you stay in crypto it's the fiat to crypto that causes concern. I'm about/in the process of cancelling/closing all my accounts.

Why?

In the TOS they (Coinbase) state your crypto will always be your crypto. You are free to withdraw at any time. That's BS. Not only was I told to FO by coinbase support but they said any further contact would result in the exact same answer (FO).

That said, I had a large ( like 2k usd) deposit (in ETH so no fiat) so I wasn't giving up. Was about to post on Reddit, or elsewhere but they finally unfroze my account after a month.

Most people in crypto don't use Coinbase except maybe the whales because there are incentives for whales. Smaller players get screwed.