Are there any fees or penalties for closing a Coinbase wallet account?
AYRA KHANDec 25, 2021 · 3 years ago3 answers
What are the fees and penalties associated with closing a Coinbase wallet account?
3 answers
- Dec 25, 2021 · 3 years agoClosing a Coinbase wallet account does not incur any fees. However, it's important to note that if you have any remaining funds in your account, you will need to withdraw them before closing the account. Coinbase may charge a network fee for the withdrawal, which varies depending on the current network congestion and transaction size. It's recommended to check the Coinbase fee schedule for the most up-to-date information.
- Dec 25, 2021 · 3 years agoNo, there are no penalties for closing a Coinbase wallet account. You have the freedom to close your account at any time without facing any repercussions. Just make sure to withdraw any remaining funds before closing the account to avoid any potential network fees.
- Dec 25, 2021 · 3 years agoClosing a Coinbase wallet account is free of charge. However, please note that if you have any digital assets or funds in your account, you should withdraw them before closing the account. It's always a good practice to review the current fee schedule on Coinbase's website to stay informed about any potential fees associated with withdrawals.
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