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. IF they do, it’s advisable they either move them to another cryptocurrency exchange or a wallet they control. Even though competitor exchanges like Binance allow you to deactivate their accounts temporarily, this option is not available on the Coinbase platform. Furthermore, crypto traders should note that deleting a Coinbase account is irreversible, meaning they will lose all access and data linked to the deleted account. However, Coinbase will still retain some personal information on the deleted account for at least five years as part of its legal obligations to the government.
- Nasdaq-listed cryptocurrency exchange Coinbase is an entry point into the cryptocurrency space for many who may be willing to venture onto other platforms after starting off there.
- This will open up a cautionary popup that requests the account password.
- 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.
- Next, click on ‘Manage your profile’ immediately below the username and email address.
- However, there may come a time when you decide to delete your Coinbase account for personal reasons or to explore other platforms.
Also, make sure to cancel any active recurring cryptocurrency orders. This will ensure that there will be how to buy bitcoin for the first time no issues surrounding your account closure (if you forgot about any open orders, Coinbase will notify you about them before you delete your account). That experience helped them secure their accounts and safely connect and trade through your bank account.
You can actually transfer your crypto from Coinbase to Trust Wallet to secure them for future use. But sometimes, even an excellent service like this one has drawbacks. If you’re thinking of getting started with cryptocurrency, one of the first and most obvious places to start buy bitcoin cash with cash in philippines buy bitcoin with google play balance 2020 is by setting up a Coinbase account.
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To delete a Coinbase account, users must first visit their profile pages on the cryptocurrency exchange from a web browser. On the menu that will appear, users will have the option to close their accounts. Coinbase is a popular cryptocurrency exchange platform that allows users to buy, sell, and store various cryptocurrencies.
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. The third option can be done by contacting Coinbase directly and asking the exchange to close the user’s account. The request must explicitly state the user is forfeiting the funds left in their Coinbase account. They provide options such as Bitcoin and Ethereum as third-party options for withdrawing funds. 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.
Step 2: Tap Profile & Settings.
The other method will be to transfer your crypto to another crypto exchange or crypto wallet. Deleting your Coinbase account is a straightforward process if you follow the steps outlined in this guide. Remember to clear any pending transactions, withdraw your funds, and cancel recurring orders before initiating the account deletion. Additionally, ensure that you have resolved any support issues and confirm the deletion process as instructed by Coinbase.
Step 5: Close your Coinbase account
After you’ve clicked on the “Activity” tab, you’ll land on the activity page. You won’t be able to use the Coinbase mobile app as it does not have a feature to delete your account there. With this, you have successfully deleted your Coinbase account on the Coinbase mobile app. Below are some guides on how to transfer crypto from Coinbase to some crypto wallets and exchanges. It’s worth noting that deleting the Coinbase app does not delete your Coinbase account, but simply removes the app from your mobile device.
But before you delete your Coinbase account, you need to know that both Coinbase and Coinbase Pro share most of your account’s settings. You will be redirected to the Coinbase Account Activity page on the is it too late to buy bitcoin default browser on your mobile device. Coinbase will attempt to ask if you’re sure about closing your Coinbase account on a dialog since the action cannot be undone. Before closing your Coinbase account, you need to empty your Coinbase balance. 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.
To delete your Coinbase account, you need to navigate to the “Activity” page.
Stay up to date with our latest exchange reviews, promotions, how-to guides and educational articles on Bitcoin, cryptocurrency & more. To do so, you need to transfer your funds and cryptocurrencies to another wallet or user. You can delete your Coinbase account and make a new one later using the same information you used when opening the account you deleted including your email address. Enter your Coinbase account password in the correct field then tap on Close Account to close your Coinbase account. To continue, close the dialog by tapping on the red Close account button. Once you have the wallet address, you should be able to transfer crypto from your Coinbase account to the wallet address.
