u/Efficient-Gap-7076

why is everything including even the most basic, elemental functionality you would expect from a custodial brokerage/exchange so infuriatingly broken on Coinbase?

how is it that users have to manually input/adjust cost basis for virtually every transaction, even when those transactions are all occurring INTERNALLY within Coinbase?

• deposits of USDC stablecoin (acquired/converted from fiat on Coinbase and held entirely/continuously on Coinbase) into USDC Lending on Coinbase
• withdrawals of USDC Lending on Coinbase back to Coinbase Cash account
• purchases/swaps of crypto/tokens from USDC held (and originally acquired) on Coinbase
• etc etc etc

somehow Coinbase can't automatically figure out cost basis for any of the above??!

VCSH monthly dividend paid out 5/4. Coinbase characterizes the dividend proceeds as a "stock sale" in annotating the hold and claims holds should clear at the market-open the next day.

it is now 5/6, post market-open, and the entire dividend amount remains unavailable.

WT flippin F?! do they think Vanguard's dividend check is going to bounce??

absolutely looking forward to the day regulators and class-action lawsuits come raining down on the pathetic joke that is Coinbase and its apparent mission towards the complete enshittification of basic consumer finance