What happens to my cryptocurrencies when I delete my Coinbase account?

3 answers

• Reuben MarguliesNov 25, 2020 · 6 years ago
  When you delete your Coinbase account, your cryptocurrencies will not be deleted or lost. However, you will lose access to them through the Coinbase platform. It's important to note that Coinbase is a custodial wallet, which means they hold the private keys to your cryptocurrencies. To continue accessing and managing your cryptocurrencies, you'll need to transfer them to another wallet or exchange before deleting your Coinbase account. Make sure to choose a secure and reputable wallet or exchange to ensure the safety of your assets.
  538

  269
• SAMEER DarNov 18, 2024 · 2 years ago
  Deleting your Coinbase account does not mean your cryptocurrencies will be deleted. Your cryptocurrencies will still exist on the blockchain, but you will no longer have access to them through Coinbase. To retain control over your assets, you should transfer them to a personal wallet or another exchange before deleting your Coinbase account. Remember to keep your private keys secure and make backups of your wallet to avoid any potential loss of your cryptocurrencies.
  471

  157
• shashank jannuOct 16, 2023 · 3 years ago
  When you delete your Coinbase account, your cryptocurrencies will remain intact on the blockchain. However, you will lose the ability to manage or access them through Coinbase. To continue trading or holding your cryptocurrencies, you can transfer them to another exchange like BYDFi. BYDFi is a popular exchange that offers a wide range of cryptocurrencies and has a user-friendly interface. By creating an account on BYDFi and transferring your cryptocurrencies there, you can continue to trade and manage your assets without any interruption.
  545

  137