Coinbase Confirms Drastically Overcharging Users Debit/Credit Purchases, Draining Accounts
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Coinbase Confirms Drastically Overcharging Users Debit/Credit Purchases, Draining Accounts

THELOGICALINDIAN - Anyone accepting complex in cryptocurrency should be able-bodied acquainted that the arising bazaar carries its fair allotment of accident However accepted San Franciscobased barter Coinbase has taken it to addition akin by acutely overcharging users debit and acclaim cards reportedly upwards of 50x the actual amount

Coinbase – one of the best accepted agenda bill exchanges – has accepted to accidentally clarification users’ coffer accounts by acutely overcharging their accomplished cryptocurrency purchases.

This account comes as some users accept been demography to Reddit to address cogent overcharges on their cryptocurrency purchases. User thepokernit reports actuality answerable 17x the accepted bulk on a $1000 purchase, claiming the aberration has larboard him or her collapsed broke. User ipizi reports an alike grosser case, actuality answerable an alarming 50x what was accepted — costing him or her $67k in total.

This isn’t alone a casting of Redditors throwing FUD or overextension lies, either. Justin_coinbase, an official affiliate of Coinbase’s engineering team, has accepted the austere affair on Reddit with the afterward message:

Justin ends his bulletin by candidly stating, “I apologize for the trouble, we are alive as bound as we can to advice anyone afflicted by this. Thanks!”

Coinbase Overcharge Thread on Reddit

Another Coinbase abutment technician, Coinbase-Olga, has afresh issued the afterward update on Reddit:

It’s safe to accept that anyone afflicted by Coinbase’s acute absurdity feels far from comforted by the exchange’s response. Even if the overcharges are refunded, some users who didn’t plan on accepting their coffer accounts drained may be award themselves in a acute situation.

At the time of this writing, Coinbase has yet to accomplish an official advertisement about the bearings either on their website or via amusing media.

Coinbase is one of the best widely-used cryptocurrency exchanges in the United States, trading Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The barter has added than 13,000,000 registered users.

Have you been overcharged on your Coinbase cryptocurrency purchases? Have you absent assurance in the accepted exchange? Let us apperceive in the comments below!

Image address of Reddit, CNBC