Coinbase Locked My Account After a $29,000 Transfer and Demanded a $6,543 Fee

8

I am experiencing a serious issue with my Coinbase account. On November 3, I transferred $29,000 to my Coinbase account after trading foreign currency through my Forex account. On November 4, my account was suddenly restricted, and all withdrawals were blocked.

According to an email I received from Coinbase, I was told that in order to withdraw $6,000 from my account, I would need to pay a $6,543 commission fee. This request did not seem legitimate to me, so I did not make any payment or proceed further with support. I currently have a total balance of $29,000 in my Coinbase account, and I want to withdraw the full amount. I have never experienced a similar issue with Coinbase before, and I was not asked for any identity or security verification on my account.

I am requesting a clear explanation as to why my account was restricted and why withdrawals are being conditioned on such an unusually high commission fee. I demand that my account be reactivated and that my full balance be released and paid to me without any deductions.

Comments

Similar Complaints

Coinbase Demands High Fees to Withdraw My Own Money

86

I transferred a large amount of money to my Coinbase account from international companies, expecting a smooth transactio...

Coinbase Demands High Fees to Withdraw My Own Money

Coinbase Deleted My Account and Lost My Coins Without Explanation

183

Coinbase deleted my account, claiming my information was incorrect, and then allowed me to open a new account with the s...

Unable to Withdraw Funds from Coinbase Despite Significant Investment

156

I made a total investment of nearly ₺75,000 with Coinbase, trusting it as a “reliable” platform. However, I’m now facing...

Unable to Withdraw Funds from Coinbase Wallet Without $1,000 Deposit

156

I have ₺280,000 in my Coinbase Wallet account, and I’ve been trying to withdraw it for three days without success. When ...