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 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.
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.
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 how to buy smooth love potion 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.
Finally, enter your Coinbase account password in the “Enter password” text field then click [Close Account] to delete your Coinbase account. The Binance Margin Quiz is designed to test your knowledge of margin trading on the exchange and covers a variety of topics, including risk management and order types. Follow these simple steps and get your BTC using the Apple Pay payment method in minutes with low fees.
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.
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.
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.
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 swift vs objective-c 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.
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.
Now, scroll down to the bottom of your Coinbase Account Profile page and click [Close account]. Before closing your Coinbase account, you need to empty your Coinbase balance. The popup message is a confirmation that you want to close your Coinbase account. Hence, if you’re using Coinbase on a desktop, the user interface will be a little different. Then, click on “Close Account” again to confirm the deletion of your account. To delete your Coinbase account, you need to navigate to the “Activity” page.
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 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.
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.
Some users simply decide that they no longer want to use Coinbase for personal reasons as well, such as a change in financial situation or a desire to switch to a different investment strategy. 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. The other method will be to transfer your crypto to another crypto exchange or crypto wallet. In that case, you need to transfer your cryptocurrency balances to another 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.
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 is bitcoin the new safe haven or heading for another crash 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.
They have a support team number that you can call if you detect suspicious activity in your account. However, before you start deleting the Coinbase account, you should know that even your Coinbase Pro share most of your account’s settings. Scroll down to the bottom of the page, and you will see the close account section at the end. Begin by logging in to your Coinbase or Coinbase Pro account with your email address and password.