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How to Delete Your Coinbase Account

You can delete your Coinbase account via the official website, not within the mobile app. Make sure you don’t have any remaining funds before the account deletion process. If you have any payment methods linked with your Coinbase account, we recommend removing your bank account or other credit cards to guarantee security. We don’t say there will be future charges, especially as you close your account, but it is better to prevent from a cyber security point of view. 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. The platform will keep your data for up to five years after closure.

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It’s unusual, but if you don’t cancel recurring orders – you might be charged from your bank account linked or credit card. 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.

ENTER PASSWORD AND COMPLY WITH CHECKLIST

But before you delete your Coinbase account, you need to know that both Coinbase and Coinbase Pro share most of your account’s settings. Or maybe you want to transfer your cryptocurrency holdings to another wallet. Wait for the transaction to finish and send the funds to an external wallet as soon as it reach your account.

Coinbase does not allow users to delete their accounts if they still have funds in them. When users with balances on their accounts try to delete their Coinbase accounts the exchange blocks them from doing so. 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. For those wanting to clean up their accounts, figuring out how to delete a Coinbase account may be a hassle.

FIND ACCOUNT ACTIVITY TAB

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies. For settling disputes and combating fraud, some personal information will be retained by Coinbase for as long as five years minimum or longer than that if it’s still necessary to hold on to it. However, an email address was not explicitly mentioned as part of the personal information retained. Still, it may be included by Coinbase as part of personal information. Hence, you should always consider disabling your account instead of deleting it.

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You won’t be able to use the Coinbase mobile app as it does not have a feature to delete your account there. After you’ve clicked on “Close Account”, you are required to enter your account’s password for security purposes. One of the best Coinbase alternatives for the US users is Crypto.com, which is focusing on regulations and have a straightforward process to register on their app.

Compared with the competition ( Binance or Crypto.com), Coinbase’s customer support team fails to deliver at this stage. Of course, it’s probably not their fault – but this issue might result in an account closure for a lot of users. You are advised to withdraw your fund before closing your account. They provide options such as Bitcoin and Ethereum as third-party options for withdrawing funds. Before you decide to get rid of your Coinbase account, you should be aware that doing so requires certain precautions. Coinbase users have reported unexplained account closures and suspensions before, and in some cases, the company has said that it has frozen user funds as well as account balances.

On clicking the close account option, you will receive a confirmation message about deleting your account. In conclusion, closing your Coinbase account requires careful consideration and taking steps to protect your funds and personal information. You can ensure a smooth transition by following the recommended actions, such as withdrawing funds, reviewing account security, and saving transaction records. After taking precautions and measurements, we arrived at the practical part of this journey. In the following steps, we are going to show you how to close your Coinbase account permanently.

  1. Deleting your Coinbase account is a straightforward process if you follow the steps outlined in this guide.
  2. It is essential to clear your Coinbase account before closing it.
  3. That’s not Coinbase’s fault – those are legal obligations that Coinbase and other Financial institutions need to comply in order to be able to serve its customers and prevent fraud.
  4. 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.
  5. Coinbase users have reported unexplained account closures and suspensions before, and in some cases, the company has said that it has frozen user funds as well as account balances.
  6. They provide options such as Bitcoin and Ethereum as third-party options for withdrawing funds.

Hence, if you’re using Coinbase on a desktop, the user interface will be a little different. To delete your Coinbase account, you need to navigate to the “Activity” page.

In this guide, you’ll learn how to delete your Coinbase account. Hence, if you delete your Coinbase account, your Coinbase Pro account will also be deleted. After you delete a Coinbase account, you can open a new one whenever you want. Make sure to delete Coinbase App from your phone afterwards, for maximum security.

Next, click on the profile icon in the upper right corner and proceed to the “Manage your profile” menu. Begin by logging in to your Coinbase or Coinbase Pro account with your email address and password. In this article, we will provide a comprehensive guide on how to securely delete your Coinbase account. The process required to delete a Coinbase account is straightforward, as outlined above. All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment.

If you still have any existing balance on the wallet, you will be provided with an opportunity to transfer all of it to how do i write off previous outstanding checks another wallet of your choice. Now click on “Close account” to delete your account permanently. An email will be forwarded to you from Coinbase that your account is deleted. Users can only close their Coinbase accounts through a web browser.

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