How To Delete A Coinbase Account » CryptoWhat

On the other hand, they may freeze your account if you violate User Agreements, such as engaging in prohibited activities. Once you have officially completed it, you can finish by closing your account. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. More information on Coinbase’s usage of data both before and after deleting an account can be found in its Privacy Policy. The process required to delete a Coinbase account is straightforward, as outlined above.

If you have not verified your Coinbase account yet, then you can simply follow the same process and it will even be more easier than when you’ve been using it. These are the frequently asked questions on how to close and delete Coinbase and Coinbase Pro account how and where to buy and sell cryptocurrencies like bitcoin permanently, without any problem. Before joining CoinCodex, Emma had been covering stories at the intersection of culture, entertainment, and technology. Upon her friend’s recommendation to invest in Bitcoin in 2015, she became interested in all things crypto.

Before deleting your Coinbase account, it’s essential to ensure that there are no pending transactions or balances left on the platform. Make sure to transfer any remaining funds to an external wallet – you can use cryptocurrency hardware wallets like Ledger or a software wallet like MetaMask. Since Coinbase is one of the SEPA-supporting exchanges, you can also convert your crypto to fiat and transfer it to a bank account linked to your Coinbase account.

When she is not writing reviews or guides about DeFi and other crypto products and services, Emma prefers to spend her time in the company of her friends and family. If you don’t want to keep your crypto on an exchange due to security concerns, then using a cryptocurrency hardware wallet is arguably the best alternative. Check our comparison of Ledger Nano X vs. S Plus to see which cold storage solution might be best for you.

1. Make sure to transfer any remaining funds to an external wallet – you can use cryptocurrency hardware wallets like Ledger or a software wallet like MetaMask.
2. Enter your Coinbase account password in the correct field then tap on [Close Account] to close your Coinbase account.
3. There are two ways to do this; the first method is to convert your crypto assets to fiat and then transfer them to your bank account directly on Coinbase.
4. Then, click ‘Close Account’ again to confirm deletion of your account.

Contact Coinbase’s support team and ensure all your inquiries or problems are appropriately addressed. If you were searching for a way to delete your Coinbase account on the Coinbase website or mobile app, we hope you found this article helpful. Once the balance on your Coinbase account is exactly 0, you can then proceed with the account deletion process and your account should be deleted within the next 24 hours.

It was hacked in 2021, and the platform was able to regain control over the accounts and reimburse the funds lost by the account holders. After withdrawing your funds, transferring them to another external wallet is a great option for you. You can actually transfer your crypto from Coinbase to Trust Wallet to secure them for future use.

They have a support number that you can call if you detect suspicious activity in your account. If you detected suspicious activity in your account, it’s best to disable it first. If there are still funds in your account, you won’t be able to close it. Click on “Close Account” to proceed to the next step to delete your Coinbase account.

Coinbase is a popular cryptocurrency exchange platform that allows users to buy, sell, and store various cryptocurrencies. However, there may come a time when you decide to delete your Coinbase account for personal reasons or to explore other platforms. Before getting into the step-by-step process of deleting a Coinbase account, it’s important users first ensure they have no funds on the cryptocurrency trading platform.

Step 4: Close the dialog by tapping [Close account] again.

Lim How Wei is the founder of followchain.org, with 8+ years of experience in Social Media Marketing and 4+ years of experience as an active investor in stocks and cryptocurrencies. He has researched, tested, and written thousands of articles ranging from social media platforms crypto+petro to messaging apps. Once all of your funds are withdrawn, you will be able to delete your account. After you’ve clicked on the “Activity” tab, you’ll land on the activity page. To do so, you need to transfer your funds and cryptocurrencies to another wallet or user.

If you’re thinking of getting started with cryptocurrency, one of the first and most obvious places to start is by setting up a Coinbase account. The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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After you’ve closed your account, Coinbase will still retain some of your personal information for reasons of legal obligations, preventing fraud, and resolving disputes. While they may access the cryptocurrency exchange on their mobile device’s browser, the Coinbase app does not allow them to delete their accounts. In addition to this, many users also choose to close their account due to higher transaction fees. The transaction charges on the platform are too high for many users who might eventually decide to switch to a different platform.

Yes, you can delete your Coinbase account at any time – before verification or after verification. On the drawer menu, tap [Profile & Settings] to open the Profile and Settings on the Coinbase app. On the home screen of the Coinbase app, tap on the Menu icon on the top left corner of the screen. With this, you have successfully deleted your account on the Coinbase website.

Enter your password & click on “Close Account”

In his free time, Lim plays multiple games like Genshin Impact, League of Legends, Counter-Strike, Hearthstone, RuneScape, and many others. He creates guides, walkthroughs, solutions, and more on games that he plays to how to buy and sell bitcoins 2020 help other players with their progression. Hence, you should always consider disabling your account instead of deleting it. On the other hand, deleting your Coinbase account is a permanent and irreversible process.

Remember that Coinbase retains some of your personal information to comply with regulations even after your account must have been successfully deleted. Once you have the wallet address, you should be able to transfer crypto from your Coinbase account to the wallet address. To transfer crypto to your bank account, you will first need to convert the crypto to USD on Coinbase. After that, you should be able to transfer the USD to a bank account linked to your Coinbase account. It can be used to purchase cryptocurrency using your debit or credit card directly.

How to Delete a Coinbase Account

For those wanting to clean up their accounts, figuring out how to delete a Coinbase account may be a hassle. If you still have a remaining balance in any of your wallets, you’ll need to send them to another wallet. If you don’t know the reason why I do not use them, it’s because their transaction fees are very high compared to other similar crypto exchanges like Binance. Once you have confirmed, your Coinbase account will be permanently deleted. In addition, you can transfer your crypto directly to another exchange. We suggest Binance, which is widely considered one of the best crypto exchanges due to its impressive feature set and a large number of supported cryptocurrencies.

There are several reasons why you might want to delete or close your Coinbase account. Regardless of your reason for closing your Coinbase account, the process is an easy one. Coinbase is a top centralized exchange in the cryptocurrency industry. On the platform, you can purchase crypto using any of the available payment methods in your country, send and receive crypto on your account, purchase NFTs and other crypto assets + more.