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Can I delete my Coinbase account without losing my cryptocurrency?

avatarBolat MDec 25, 2021 · 3 years ago7 answers

I want to delete my Coinbase account, but I'm worried about losing my cryptocurrency. Is it possible to delete my Coinbase account without losing my cryptocurrency? What happens to my cryptocurrency if I delete my account?

Can I delete my Coinbase account without losing my cryptocurrency?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can delete your Coinbase account without losing your cryptocurrency. When you delete your account, your cryptocurrency holdings will not be affected. However, it's important to note that you should withdraw your cryptocurrency to a secure wallet before deleting your account to ensure that you have full control over your funds.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Deleting your Coinbase account does not mean you lose your cryptocurrency. Your cryptocurrency is stored on the blockchain, not in your Coinbase account. Deleting your account simply means you no longer have access to Coinbase's services and features.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can delete your Coinbase account without losing your cryptocurrency. Coinbase is a custodial exchange, which means they hold your cryptocurrency on your behalf. However, it's always recommended to transfer your cryptocurrency to a personal wallet for added security and control. By doing so, you can ensure that you have full ownership of your cryptocurrency even if you delete your Coinbase account.
  • avatarDec 25, 2021 · 3 years ago
    Deleting your Coinbase account won't result in the loss of your cryptocurrency. Your cryptocurrency is stored on the blockchain, and deleting your account only means that you won't be able to access it through Coinbase anymore. Remember to securely store your wallet information and private keys to maintain control over your cryptocurrency.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can delete your Coinbase account without losing your cryptocurrency. Your cryptocurrency is not tied to your Coinbase account, but rather to your wallet address. Deleting your account will only remove your access to Coinbase's platform and services, but your cryptocurrency will remain safe in your wallet.
  • avatarDec 25, 2021 · 3 years ago
    Deleting your Coinbase account won't cause you to lose your cryptocurrency. Your cryptocurrency is stored on the blockchain, and deleting your account only means that you won't be able to manage it through Coinbase anymore. It's always a good practice to have a backup of your wallet information and private keys to ensure the safety of your cryptocurrency.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can delete your Coinbase account without losing your cryptocurrency. However, it's important to note that if you have any pending transactions or funds in your Coinbase account, you should resolve them before deleting your account to avoid any potential issues. Once your account is deleted, you won't be able to access your funds through Coinbase anymore.