How to Delete a Coinbase Account Easily
Coinbase is an online cryptocurrency trading platform where users can buy, sell or store cryptocurrency. The platform, managed by Coinbase Global Inc, was founded by Brian Armstrong Fred Ehrsam to create a financial system that's open to the entire globe.
Online platforms like Coinbase that deal with financial matters collect personal information for security reasons and comply with the law. If you signed up for a Coinbase account and you've never used it, you have to delete it to protect your personal information.
DoNotPay can help you learn if you no longer have access to it. What's more, if you have any other old accounts on different platforms, DoNotPay can help you delete them, too, with one click of a button.
Aside from deleting your Coinbase account, we can also assist you in removing your accounts in:
How to Delete a Coinbase Account on Your Own
Coinbase is a secure platform and requires you to verify your identity before you can log in to protect users' information. To start learning , you must have no balance on your account. If you have money in your Coinbase account, you can dispose of it by:
- Withdrawing the funds
- Transferring them to an external wallet
- Transferring to a different user
- Donating the funds to GiveCrypto, a charity organization that donates cryptocurrency to those living in poverty
You can delete your Coinbase account either via the web or the Coinbase mobile application.
Delete Your Coinbase Account via the Web | You can delete your Coinbase account via the web in the following steps:
If your account deletion is successful, you'll receive a confirmation email. |
Delete Your Coinbase Account via Coinbase Mobile App | To delete your Coinbase account via the mobile app, you must first have the app installed on your mobile device. Proceed to delete your account in the following steps:
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Why Should You Delete Your Coinbase Account
Coinbase exclusively deals with cryptocurrency. To prevent fraud and money laundering, the company retains users’ data for a minimum of 5 years.
If you're no longer interested in trading or storing digital currency, you should delete your account to relieve yourself of any liability in the event of a data breach. Here are other reasons to delete your Coinbase account:
- For security- Coinbase asks for confidential information just like any financial institution. If that data is compromised, your personal information may be compromised as well.
- Prevent third-party access to your data - Coinbase falsely allowed to share users' information with trusted third parties for marketing purposes. In a data breach, you can hold the company liable and send demand letters to for damages.
- To prevent identity theft/fraud - Other users on the platform can see your profile and personal information to a limit. It may be used to commit identity theft.
- To prevent spam mail - Coinbase can share their email lists and use them for marketing. If your account is still active, you'll receive spam mail.
What if I Forget My Password?
If you forget your Coinbase password, you can request a password reset by clicking on "Forgot my password" on the web or the mobile application. Enter your email address and request the password reset. The password recovery settings will be sent to the email address associated with your account.
Alternatively, DoNotPay can help you retrieve your password using the Password Recovery tool. Sign in, give us the email address and details of the account you're trying to recover, and we'll handle the rest.
How to Delete a Coinbase Account With the Help of DoNotPay
Having your Coinbase account information accessed by a third party can expose you to risks. You must delete any accounts you're no longer using to protect yourself from data breaches. DoNotPay can help you delete any old or inactive accounts within minutes.
If you want to delete old accounts but don't know where to start, DoNotPay has you covered in 7 easy steps:
- Go to Delete Old Accounts product on DoNotPay.
- Select the type of account you are trying to delete, such as email, streaming service, social media, gaming, eCommerce, and more.
- Tell us more about your account, including usernames and associated emails / phone numbers.
- Help us verify your account ownership by entering the date you first created the account, when you last logged in, any payment methods saved under the account, etc.
- Upload photographic evidence if you have any that can help prove your account ownership.
- Enter any last known or previously used passwords.
- Enter your contact information and submit the task!
Why Use DoNotPay to Delete a Coinbase Account
A Coinbase account is almost like a bank account and therefore, the information contained in your account is very crucial. DoNotPay can help you delete your Coinbase account within minutes without logging in to your account. In addition, if you forget your password, you don’t have to go through the tedious password recovery process. DoNotPay will retrieve the password for you and help you delete any old account within minutes.
What Else Can DoNotPay Help You With?
DoNotPay works with a wide range of companies, service providers, and government entities to provide users with quick access to information and services. What's more, you never have to leave the house to access any services. Sign in and select the service you require, and DoNotPay will take it from there.
Some of the services we provide include:
- File insurance claims
- Schedule DMV appointments
- Appeal parking tickets
- Create passport photos
- File SEC complaints
- Send
- Contact government representatives
- File a complaint against any company
- Contact embassies and consulates