A sinking, indistinct ship with incompetent captains in the crypto ocean - Anonymous employee Coinme Employee Review

1.0
23 Apr 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Remote-only with no office to report to, so hybrid/in-office work will never be a problem. PTO upon joining with accrual. Standard health benefits. A brand name in the crypto/fintech space, even if the product is mediocre.

Cons

The executives and leadership cover their own behinds when market turmoil comes into play, as you can read in previous reviews. Lies upon lies. When the crypto winter hit, they'd say "Our financials are strong". After one round of layoffs, they would continually address layoff questions in meetings with a line like, "We do not anticipate any more layoffs at this time". Then later, they suddenly and messily laid off a huge amount of people. And who's left? The same leadership that's been there for years. As another review below said, it's also pathetic that they'd lay people off with a 5 minute, scripted monologue with no option for asking questions. With zero notice and only nominal severance. Even though when the economy was booming, they were overhiring individual contributors and coordinators left and right. (*cough* abuse of funding *cough*) Coinme likes to position themselves as doing something innovative, when they have plenty of competitors doing exactly the same thing with Bitcoin ATMs. Their product isn't even competitive, and many of the product updates are just "keeping up with the Joneses". Their partnerships with a few major financial companies are all that keep them afloat.

Explore other reviews about Coinme

5.0
8 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Incredible company full of driven, highly capable people. Interesting work, opportunities for growth everywhere.

Cons

Startup hustle on steroids; if you want to punch a clock this is not for you. If you are ready to hustle, this is a goldmine where you can do your best work and make a measurable difference.

5.0
27 May 2025
Recommend
CEO approval
Business outlook

Pros

At Coinme everyone’s voice matters and decisions happen quickly...typical for a startup. I am surrounded by smart, kind, and mission-aligned teammates who care about collaboration and results, not ego. Plus, leadership is transparent, approachable, and deeply invested in helping people grow and caring about us as a people.

Cons

100% remote is a pro, but I do miss seeing teammate in person. So it's like a double-edge sword.

See reviews by: Helpful|Rating|Date|All