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Is it against Coinbase's terms of service to have multiple accounts for trading different cryptocurrencies?

avatarAkoram MDec 25, 2021 · 3 years ago3 answers

I am wondering if it is against Coinbase's terms of service to have multiple accounts for trading different cryptocurrencies. Can I create separate accounts on Coinbase to trade different cryptocurrencies without violating their terms of service?

Is it against Coinbase's terms of service to have multiple accounts for trading different cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    According to Coinbase's terms of service, each user is allowed to have only one account. Creating multiple accounts for trading different cryptocurrencies would be a violation of their terms of service. It is important to adhere to their policies to avoid any potential account suspension or termination.
  • avatarDec 25, 2021 · 3 years ago
    Having multiple accounts on Coinbase for trading different cryptocurrencies is not recommended. Coinbase's terms of service clearly state that each user should have only one account. Violating this policy may lead to account suspension or termination. It's best to stick to their guidelines to ensure a smooth trading experience.
  • avatarDec 25, 2021 · 3 years ago
    While Coinbase strictly enforces their policy of having only one account per user, there are other platforms like BYDFi that allow users to have multiple accounts for trading different cryptocurrencies. However, it is important to note that using multiple accounts on any platform should be done in compliance with their terms of service and guidelines to avoid any potential issues.