If you are wondering how to delete Coinbase account, this article is for you. Coinbase is the largest cryptocurrency exchange in the United States, founded in 2012 by Brian Armstrong and Fred Ehrsam.
While Coinbase is a trusted platform for buying, selling, and managing cryptocurrency, some users may want to delete their accounts for various reasons such as security concerns, lack of interest, or wanting to switch to a different platform. In this article, we will provide you with a brief overview of how to delete Coinbase account.
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- 1 How to Delete Your Coinbase Account
- 2 Can a Coinbase Account Be Deleted via its Mobile App?
- 3 Will Coinbase Retain Users’ Data After Account Deletions?
- 4 FAQs
- 4.1 How do I delete my Coinbase account?
- 4.2 Is it possible to reopen my Coinbase account after deleting it?
- 4.3 How long does it take to delete a Coinbase account?
- 4.4 What happens to my funds after I delete my Coinbase account?
- 4.5 Will my personal information be deleted along with my Coinbase account?
- 5 Conclusion – How to Delete Coinbase Account: Ultimate Guide
- 6 References
How to Delete Your Coinbase Account
Step 1: Visit the Official Coinbase Website
To start deleting your Coinbase account, visit the official Coinbase website and log in to your account using your registered email and password. You can also use the Coinbase mobile app.
Step 2: Click and Enter the Settings Option
Once you log in to your Coinbase account, click on the Settings option located at the far-right corner of the dashboard. This will direct you to your account’s general settings page.
Step 3: Open the Dropdown Arrow and Click on Activity
Once you’re on the settings page, open the dropdown arrow located under the General section. Scroll down the list and click on Activity to get to the Activity page.
Step 4: Scroll Down and Click Close Account
On the Activity page, scroll down to the bottom of the page and click the Close Account link. This will direct you to the close account page where you will be asked for your reason for leaving.
Step 5: Enter Password and Click on Close Account
After selecting your reason for closing your Coinbase account, enter your account’s password in the provided field for security purposes. Once done, click the Close Account button to complete the process.
Note that all your account’s funds, if any, will be lost permanently and will not be recoverable.
Can a Coinbase Account Be Deleted via its Mobile App?
Unfortunately, deleting a Coinbase account is not possible through the mobile app. Users must use the website on a web browser to delete their Coinbase account.
However, Coinbase’s mobile app can still be used to manage the account‘s balance and crypto transactions.
Will Coinbase Retain Users’ Data After Account Deletions?
When deleting a Coinbase account, users might be wondering if their personal information will still be stored on the company’s servers. Coinbase has stated that they retain personal information for compliance with legal obligations, prevention of fraud, and for their own records.
However, Coinbase assures users that once they close their account, their personal data will no longer be visible to the public or stored on the website. It is important to note that users should take precautions to ensure that any remaining funds are withdrawn and any important data is backed up before deleting their account.
Here are some frequently asked questions about deleting a Coinbase account:
How do I delete my Coinbase account?
To delete your Coinbase account, you need to navigate to the ‘Activity’ page. Once you’re on the page, scroll down and click on ‘Close Account’ to delete your account.
After you’ve done that, you’ll be required to enter your account’s password for security purposes. Then, click ‘Close Account’ again to confirm deletion of your account.
Is it possible to reopen my Coinbase account after deleting it?
Once you’ve deleted your Coinbase account, it cannot be restored. So, make sure to withdraw any remaining funds and back up any important data before proceeding.
If you regret deleting your account and still want to use Coinbase, you will need to create a new account.
How long does it take to delete a Coinbase account?
Your account will be scheduled for permanent deletion 30 days after you initiate the process to close your account. If you change your mind within this 30-day period, you can still log in and cancel the deletion process.
What happens to my funds after I delete my Coinbase account?
You need to make sure that your account has a zero balance before requesting to delete your account. Once your account is deleted, you’ll no longer be able to access any funds associated with the account.
Make sure to withdraw any remaining balance before deleting your account.
Will my personal information be deleted along with my Coinbase account?
Yes, once your account has been permanently deleted, Coinbase will erase all personal data associated with the account. However, Coinbase is required to retain certain user data for legal, regulatory, and operational purposes even after an account is deleted.
Conclusion – How to Delete Coinbase Account: Ultimate Guide
To sum up, deleting a Coinbase account is a permanent action that requires users to navigate to the ‘Activity’ page, scroll down, and click on ‘Close Account’ to initiate the process. A final confirmation after entering the password is required to permanently delete the account.
It’s essential to note that the account must have a zero balance before closing it.
Deleting a Coinbase account may be necessary if someone no longer uses the platform, experiences unsatisfactory services, or is no longer interested in trading cryptocurrencies. Whatever the reason may be, following the steps mentioned above is the easiest way to delete a Coinbase account for good.