How To Delete A Coinbase Account
TABLE OF CONTENTS
Despite the positives of Coinbase, certain quirks make Coinbase less desirable to some investors such as their complex pricing schedule. It's therefore a reasonable decision to close your account and seek an alternative exchange to Coinbase. If you're looking to remove personal details from Coinbase permanently, the most effective option is to close and delete the account. This article explains how to delete a Coinbase account step-by-step. We will also discuss situations in which a Coinbase account may not be deleted and how to reinstate a disabled account.
Short on time? Here are the quick steps on how to delete a Coinbase account in less than 10 minutes.
- Login to Coinbase. Head to the Coinbase website and click the ‘Sign In’ icon. Fill in the registered email address and password.
- Withdraw funds. Transfer all funds out of Coinbase using the ‘Send/Receive’ icon on the top of the dashboard. Ensure the account has zero balance before proceeding to close the account.
- Go to profile settings. Click on the profile icon and select ‘Manage Your Profile’ beneath the email address. This will redirect to the ‘Profile’ page. Scroll down and click on the ‘Close Account’ button below.
- Close the account. Type in the account password and click ‘Close Account.' Once the next page opens up, follow the on-screen directions and click on ‘Close Account' to close the Coinbase account.
Complete Tutorial on How To Delete a Coinbase Account
To successfully delete a Coinbase account or Coinbase Pro account, you will need to start the process on the web browser only. This is the only accepted means that the US-based cryptocurrency exchange offers the ability to close your account with the company. To delete the Coinbase account, follow these steps.
1. Login to Coinbase
The first step is to visit the Coinbase website on a desktop or personal computer (PC). Once on the homepage, sign in to the account. If the account has been inactive for up to 30 days, the user will be forwarded a seven-digit authentication code to their registered mobile number or email. Once all these steps are completed, the Coinbase exchange will become accessible.
2. Withdraw funds
For account closures, all funds should be removed including pending orders on the exchange. Coinbase is not responsible for lost funds if the account has been deleted. For a full tutorial on how to withdraw money from Coinbase, read this tutorial.
In the event the funds are below the withdrawal threshold, you can either donate the balance to a non-profit called GiveCrypto.org. To do this, head to the profile page, click on ‘Close Account,' and then tap ‘Donate Balance' among the list of options shown. The funds will be immediately routed to the organization.
Alternatively, you can forfeit their balance to the Coinbase exchange itself by accessing the ‘Contact Us' page on their account. Then, choose ‘Managing my account' and select ‘Closing my account' from the list of options that pop up. Then select the ‘I would like to close my account' section, fill in the remaining fields, and click ‘Submit.’ The funds will automatically be transferred to Coinbase.
Step 3. Go to profile settings
Once funds have been transferred out of the Coinbase account, the next step is to head to the profile settings. To get there, click on the profile icon in the screen's far right-hand corner. Next, click on ‘Manage your profile' immediately below the username and email address. This will automatically open another tab to the user's profile, as depicted in the image.
4. Close the account
Once the profile pops open, scroll down to the base of the page to close your account. Then, tap on the red icon depicted as ‘Close Account’ on the right hand of the screen.
This will open up a cautionary popup that requests the account password. Type in the password and click the ‘Close Account' button to initiate the process. In the subsequent slide, click on ‘Close Account. The Coinbase account will be deleted within minutes. This will also wipe off the private keys of all cryptocurrencies stored previously in the deleted account.
How To Temporarily Disable A Coinbase Account
Even though competitor exchanges like Binance allow you to temporarily deactivate their accounts, 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 a minimum of five years as part of its legal obligations to the government.
Can You Delete A Coinbase Account Using The App?
Coinbase does not support the mobile erasure of the user's account. According to the exchange, accounts can only be permanently closed on the web browser. This means you will need to use a desktop or PC to close the account on Coinbase.
Can you Reactivate a Deleted Coinbase Account?
If you mistakenly delete an account, unfortunately, it will be permanently closed. There is no way to retrieve a deleted account from the Coinbase server. It's not possible to reactivate a deleted Coinbase account and you will need to open a new account as a new user using a different email and mobile number.
Frequently Asked Questions
Can you permanently delete your Coinbase account?
Yes, you can permanently delete their Coinbase account. This is only supported on the web browser and cannot be completed on the mobile app.
How do I delete my Coinbase account and start over?
Head to ‘Manage your profile' under the profile icon and click ‘Close Account' at the bottom of the page. Then, click on ‘Close Account' and fill in the account password and click on ‘Close Account' to complete the process. Once the account is closed, users can then create a new one on the Coinbase website with a new email address and mobile number.
How do I delete my old Coinbase number?
Once a ‘Close Account' request is made, your details – including phone numbers – are rendered dormant. Therefore, you don't need to manually delete the phone numbers on the Coinbase platform.
Can I have two Coinbase accounts?
No, each user is restricted to only one account on the Coinbase platform. If the same details are supplied on multiple accounts, you might see one of the accounts locked or blocked.