How to Close a Coinbase account

Knowing how to close a Coinbase account is as important as opening one. As with all financial matters, closing an account often have unwanted consequences.  If you no longer want to trade on Coinbase or have discovered a better trading platform, or you didn’t have a good buying experience, you may choose to learn how to close a Coinbase account.

Keep your crypto safe

Confirm if you have a Coinbase account or a Coinbase Pro account before you close/delete it. Both accounts are priced differently, even though they have the same account information and preferences. For the last five years, Coinbase has been ranked among the world’s top crypto exchanges in popularity, traffic, and trading volume. More advanced traders should use Coinbase Pro, while novice investors should use Coinbase`s primary account. You should be aware. However, closing or deleting your account will also shut or erase your Coinbase Pro account.

Steps to close a Coinbase account

fBefore deleting your account, you must have zero funds in your Coinbase wallet. If you have any balance, transfer it to an external wallet. Follow these steps; Step 1 - Sign in to your account Step 2- Click on ‘Settings’ On the upper right corner of the screen, click on your profile image. Step 3- Click on ‘Activity Tab’ from the Coinbase Profile. Step 4- Click on the ‘Close Account’ option at the bottom of the page. Step 5: Retype your password and click ‘Close Account’ to finish the process.

Before deleting your account, ensure you do not leave any funds. If you do, transfer them to an external wallet or another Coinbase user. Please be aware that Coinbase may keep some of your profile information and other data for a minimum of five years to prevent fraud, settle disputes, or meet their legal requirements. You’ve already read that deleting something can’t be undone. Decide if you want to terminate your account before you do. It’s best to deactivate the account if you no longer want to deal with crypto than keep it inactive.

Consequences of deleting  Coinbase account

Bottom Line

Coinbase has customer service available if you’re having difficulties. You can call their support service if you see any strange activity on your account. You can revive your account once it has been disabled. If you delete your account, note that this act is irrevocable.

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