High pay overshadowed by widespread incompetence - Anonymous employee Coinbase Employee Review

1.0
2 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They pay you way over market

Cons

Working at Coinbase is actually one of the most hysterical things I have ever experienced in my life. When I tell you that almost exactly 90% of the people who work here have no clue what is going on—and the higher up you get to the top, the worse and more clueless people get—I am not kidding at all. I have worked at many different tech companies and I have never seen such widespread incompetence in my life. The only reason that Coinbase continues to lay people off is because they have no idea what they are doing. They don't know why they're hiring people. They don't know what the mission is. They don't know what the product does, they don't understand their clients, and they don't know how to make money. I would actually be afraid to put my money in Coinbase after working here, but moreover, I want everyone to know if you are reading this you should be afraid to take a job. It is the most crushingly stupid thing on earth to work at Coinbase, even though they pay a lot of money, because it is actually a clown show to the highest degree.

Explore other reviews about Coinbase

5.0
13 May 2026
Recommend
CEO approval
Business outlook

Pros

The people are amazing. Some of the smartest I've met and yet also the best to work with. I learned so much from working here.

Cons

High intensity of work (but you also get good rest). Work hard, play hard. Upper management has been making worrying decisions with AI (eg all in with too little of a plan or oversight).

4.0
6 Aug 2021
Recommend
CEO approval
Business outlook

Pros

- Very interesting technical challenges - A LOT of autonomy (could be a con) - Amazing perks (WFH stipend, random gifts all the time) - Very smart colleagues - Great communication all around the company - Exciting - Brilliant CEO and engineering execs - A lot of useful education and automation regarding processes

Cons

- There is a lot of autonomy so if you're the kind of person who needs the work to be handed to you, you'll have to adjust - Since crypto is a very fast paced field, you will often have multiple projects on the go at the same time so work-life balance is usually relatively bad, although the company does offer re-charge days (and weeks) so that we can all take time off. - This is the biggest con: you get assessed if you're "on-track" or "off-track" every quarter, if you're "off-track", you have 60 days to fix it. Quite an aggressive stance, similar to Amazon's PIP program which is notoriously toxic.

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