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Account locked: users face withdrawal issues post kyc

Account Locked | Users Demand Clarity Amidst Confusion

By

Maya Thompson

Jul 15, 2025, 01:36 AM

Updated

Jul 15, 2025, 09:42 AM

2 minutes of duration

A computer screen displaying a locked account message with withdrawal options grayed out, indicating user frustration.
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A wave of Coinbase customers is expressing frustration as accounts face lockdowns amid claims of suspicious activity. This situation has led to questions over the platform's transparency at a time when crypto stability is a significant concern.

Locked Accounts Spark Increased User Frustration

Since 2018, concerns over account access have escalated. One long-time customer shared, "I tried to transfer BTC to a cold wallet, but it kept failing. Customer support said my account was restricted." Another user, echoing the sentiment, noted, "Good luck, they have my assets frozen as well." This has left many users feeling blindsided and ignored by customer support.

Pressing Themes from User Feedback

  1. Proactive Communication Needed: Users highlight a clear need for Coinbase to proactively inform them about account restrictions and security measures. One person stated, "It took a day for them to unrestrict my account, which was concerning and inconvenient."

  2. Customer Support Issues: Many users reported unsatisfactory experiences with customer support, insisting they rarely receive helpful assistance. One commenter claimed, "Their customer support is trash and never helps or refunds anyone with their BS."

  3. Move to Alternatives: Growing distrust is prompting users to explore other platforms. One individual expressed fears about liquidating significant assets in the future, mentioning, "I may be moving to different services to avoid this situation."

"I'm done with Coinbase. There are better options out there," stated a dissatisfied participant, illustrating a common sentiment within the community.

Patterns of Discontent

There’s a noticeable negative sentiment embedded within many comments, signaling fears regarding fund management and overall user experience on Coinbase. Many are calling for immediate action from the exchange to restore customer confidence and support.

Trends and Takeaways

  • β–½ User trust is diminishing as many consider leaving for other exchanges.

  • β—† Active communication is essential to prevent further chaos and pain points for customers.

  • β€» "I understand the need for security, but it’s frustrating when you can’t access your funds," remarked one annoyed client.

As the situation evolves, Coinbase's approach to communication and user support remains under scrutiny. With reports of locked accounts continuing to surface, the pressure is mounting for Coinbase to address these growing concerns promptly.