Have you realized that Coinbase is not a reliable enough platform for so much of your crypto? Then you should get a better financial institution to manage your digital currency and immediately cancel your Coinbase account before you have to deal with a loss. If you are confused about the process, then that is what we are here to help you with.
Coinbase is a platform where you can manage your digital currency, however, the platform is useful only as long as you are interested in trading or storing your cryptocurrency. If you are not interested in such things anymore or have found a better app to manage it, you might want to get rid of this account on Coinbase.
To cancel your Coinbae account, log in to your account first and go to your Profile section. Select the Settings menu where you will find the option to close your account. You can select it and then proceed further in favor of the cancelation of your account and confirm it.
To know in detail about the proper procedure by which your account on Coinbase can be canceled without any serious troubles, then you are suggested to continue reading this article.
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How To Cancel A Coinbase Account?
There are two ways in which your account on Coinbase can be terminated and you can do it on your own. While in one method, you can directly cancel your account from the Coinbase app itself, in the other method, you can visit their official website to cancel it.
Let us provide you with the proper procedure for both ways so that you can choose the one you find more reliable and easier.
However, before that, it is necessary to ensure that you do not have any balance remaining in your account. If there is any, you can dispose of it in certain ways, including simply withdrawing your funds or transferring them to your external wallet. You can also transfer these funds to a different user, or maybe you would like to donate them to a charity organization called GiveCrypto.
Whatever option you might opt for to get your balance to reach zero, once you are done with this, you can move ahead towards the cancelation of your respective account on Coinbase.
How To Cancel Coinbase Account On The App?
If you have the Coinbase app installed on your mobile, then here are the steps that you will be required to follow to cancel your account on the same.
1. Launch the Coinbase application on your mobile device.
2. Enter your login credentials to log in to your account.
3. Then, tap on the My Profile option on the screen.
4. In the profile menu, you will find the Settings option at the bottom of the page, tap on it.
5. Now, you can select the Close Account option.
6. Follow the prompt as directed toward the cancelation of your Coinbase account.
7. Finally, tap on the “Yes, I’m Sure” option in the last prompt to confirm your decision.
How To Cancel Coinbase Account On The Website?
If you do not have the Coinbase application on your device, then you can also cancel your account from their website itself, and the steps that you will be required to follow for this are provided below.
1. Open a web browser on your device and head to the official website of Coinbase.
2. Enter your email/username and password to log in to your account.
3. Go to the My Profile section of your account.
4. At the bottom of this page will be the Settings option, select it.
5. Next, you can choose the Close Account option from the Settings Menu.
6. Follow up as directed to cancel your account and confirm your decision at the end.
Remember that the cancelation of your Coinbase account is irreversible, so, there is nothing like a temporary closing of your account which you can reactivate later. Thus, make sure that you have firmly decided that you are not going to use this Coinbase account again.
Also Read: How To Cancel Bluegreen Vacations Reservation?
Can I Delete My Coinbase Account And Make A New One?
If after deleting your Coinbase account, you soon realized that it was a good choice and you should have kept that. Though it is too late to revive your account which you have canceled, you can always create a new one. For this, all you need is a new email address of yours through which you can have a fresh new Coinbase account of yours again.
Why Did Coinbase Close My Account?
If you had not applied for the deactivation of your Coinbase account and it still got deleted, then the only reason behind this could be that you had not been complying with the policies of Coinbase and have violated the prohibited activity as per their User Agreement. In such a case, you will no longer be able to use your Coinbase account.
Wrapping Up
We hope that you did not have to face any major problems with your Coinbase account as well as throughout the process of its cancelation. If there is any other digital currency or normal financial account of yours that you think you do not need anymore, you can let us know about it so that we can help you cancel that too.
