A text claiming to carry your Coinbase withdrawal code is not Coinbase confirming a transfer. It is usually the second half of an account takeover, sent right after a scammer triggers your real verification code and needs you to hand it over.<\/p>\n
The attacker typically already has your email and password, often phished earlier through a fake login page. They enter those credentials on the real Coinbase site, which triggers a genuine one-time code to your phone.<\/p>\n
Seconds later you get a text posing as Coinbase support. It warns about a pending withdrawal and asks you to reply with the code to cancel it. That code is the same one the attacker needs to approve the transfer.<\/p>\n
The FTC describes this exact pattern across banks, exchanges, and carriers. Scammers pose as someone you trust, then ask for the code to help fix an account problem. Anyone who asks for that code is a scammer<\/a>, the agency says.<\/p>\n