15 Deleting Coinbase Questions (Quick Answers!) | aTimeforCash.net (2024)

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Coinbase is a popular cryptocurrency trading website.

However, for one reason or another, you may decide to move on from the platform to perhaps use something else or to stop investing in crypto.

If this is the case, there are some things you should know before closing your Coinbase account and/or deleting the Coinbase App.

Let’s take a look at some of these below.

In This Post:

  • 1) Can I Close My Coinbase Account and Open a New One?
  • 2) How to Delete a Coinbase Account? (Step-By-Step)
    • How to Delete on iPhone?
    • How to Delete on Android?
  • 3) Can I Delete the Coinbase App?
  • 4) Can I Delete My Coinbase Wallet?
  • 5) Does Deleting Coinbase Delete Coinbase Pro?
  • 6) How Do I Delete a Payment Method on Coinbase?
  • 7) How to Deactivate Coinbase?
  • 8) How to Delete a Coin on the Coinbase Wallet?
  • 9) How to Delete Coinbase Account Before Verification?
  • 10) How to Delete a Coinbase Pro Account?
  • 11) How to Delete Coinbase History?
  • 12) How to Delete my Phone Number on Coinbase?
  • 13) How to Delete my Watchlist on Coinbase?
  • 14) Does Coinbase Delete Old Accounts?
  • 15) How Do I Delete Pending Transactions on Coinbase wallet?
  • Wrapping Up
  • References

1) Can I Close My Coinbase Account and Open a New One?

Yes, you can close your Coinbase account at any time and open a new Coinbase account.

However, you may need to use a new email address to open a new account with Coinbase depending on how long it has been since you closed the original.

Lets take a look at exactly how to properly close your Coinbase account below.

2) How to Delete a Coinbase Account? (Step-By-Step)

**Note: Deleting your account will cancel any pending purchases (e.g., pending sell orders or any pending withdrawal requests) as well as refund any remaining funds in that account.**

  • First, log into your Coinbase Account (it’s the 1st option on the top-right menu bar).
  • Next, click on Accounts and then select View My Account. On the left sidebar, click the “Delete my account” link.
  • Choose how you’d like to delete your account by following the text links or selecting the radio buttons accordingly.

If you have a verified app, click to open the form:

Fill out all the information on the page. If you can’t provide additional information for us like an email address or phone number, feel free just to hit “Yes,” and we’ll be able to provide you with some assistance.

Once you’ve filled out all the necessary fields, your account is deleted in 10-15 business days. We only offer this option to verified users, so if your order hasn’t already been completed, our software won’t execute any transactions after this page has been submitted. It means your funds will remain safe! We may reach out to help when your order has been executed.

How to Delete on iPhone?

If you are an iPhone user and want to delete your Coinbase account, you can do so as follows:

  1. Go to your phone settings screen and scroll down until you see the option titled “apps.”
  2. Click on the App named “Coinbase (Free)” and then press on the red “X” in the top right corner of that App. It will open a dropdown menu with a list of all the apps installed on your phone.
  3. Scroll through and select the option marked “settings” for Coinbase (Free)
  4. Look at the top right of the screen, and you will see an option marked “help.” Click on that button.
  5. Scroll down until you see a section titled “Privacy & Security,” and then click on it.
  6. Scroll until you find the section labeled “Delete Account,” and then click on it.
  7. In the next screen, scroll down to the bottom where it says “Delete Account,” and then click on “Delete Account” to confirm your decision to delete your Coinbase account.
  8. Click on “Delete account” again to confirm your decision to delete your Coinbase account. You will then see a message telling you that we are deleting your account.

How to Delete on Android?

If you are an Android user and want to delete your Coinbase account, you can do so as follows:

  1. Go to your phone settings screen and scroll down until you see the option titled “apps.”
  2. Choose the Coinbase Trading app that you want to remove from your device.
  3. Select “Uninstall.”.

Coinbase gives you control over your funds at any time. For example, when you send funds, we hold a reserve intended to cover any withdrawals you make until every transaction on the blockchain has been confirmed by miners and recorded in our system. We’ll cover this in more detail below.

Note: Your transaction history will be available through your account history page 7 days after each transaction occurs. It includes both confirmations of incoming and outgoing transactions.

3) Can I Delete the Coinbase App?

Unfortunately, we currently cannot delete the App from your iPhone or Android device (we’re working on it). If you want to remove our App from your mobile device, the only option is to uninstall it manually.

If you are running an iPhone with iOS 10 or above and want to uninstall our App, go through the following steps.

  1. Open Settings on your phone by going to “Lock Screen and Home” → “Settings.”
  2. Scroll down until you see a section titled “Apps” or “App Store.” Find Coinbase’s listing in the list and tap on it.
  3. Scroll down and tap on “Delete.” It will uninstall our App.

Note: You may be prompted to enter your phone’s passcode. For security reasons, please do not leave this field blank.

If you want to reinstall the App later, follow the steps above and search for the Coinbase app in the App Store.

If you are running an Android phone and want to uninstall our App, go through the following steps:

  1. Go to your phone settings screen and scroll down until you see the option titled “apps.”
  2. Click on the App named “Coinbase”. It will open a dropdown menu with a list of all the apps installed on your phone.
  3. Scroll through and select the option marked “uninstall.”

Note: You may be prompted to enter your phone’s passcode. For security reasons, please do not leave this field blank.

If you want to reinstall the App later, follow the steps above and search for our App in the App Store.

4) Can I Delete My Coinbase Wallet?

Unfortunately, it is not possible to delete your Coinbase Wallet. You may remove some Coinbase Wallet funds from your wallet, but we will keep all the addresses associated with that wallet, and you’ll need to send all of your funds from that wallet back to Coinbase before you can lose them.

5) Does Deleting Coinbase Delete Coinbase Pro?

No. Deleting Coinbase doesn’t delete Coinbase Pro. Coinbase Pro is a separate app, and it is deleted separately.

If you want to access your Coinbase Pro funds, you will need to log in to our website with the same account credentials you used for your Coinbase account before deleting your account, and then withdraw the rest of your funds from the Pro app by going through the App Store.

6) How Do I Delete a Payment Method on Coinbase?

You can delete a payment method on Coinbase by going to the settings page for that payment method and then following these steps:

  1. On your iPhone, go to “Settings” → “Payment methods” → “<your payment method name>” (for example, for your credit card, go to “Settings” → “Credit cards” → “Credit card”).
  2. Click the Edit button next to that payment method in the Payment methods section
  3. Scroll down until you see the “Delete this payment method” section, and then click on that option.
  4. Click “Submit.” You will be asked to confirm the deletion of this payment method on your Coinbase account by clicking “Delete.” It can take up to 24 hours, but it should happen automatically if your transaction has been confirmed before now.
  5. If you have any pending transactions, you may need to wait until Coinbase confirms them before deleting this payment method.

7) How to Deactivate Coinbase?

You can deactivate Coinbase by doing the following:

  1. On your iPhone or Android phone, go to the Settings menu by clicking on “Lock Screen and Home” → “Settings.”
  2. Scroll down and click on “Wallet & transactions” to open that page.
  3. Find the payment method you want to deactivate and click on.
  4. Tap the “edit ” option in the bottom right corner (or use this link if you use a desktop computer).
  5. In the next screen, scroll down until you see a section labeled “Deactivate this account,” Then click on it.
  6. On the next page of the Coinbase Wallet & transactions settings page, scroll down to the bottom where it says “Delete Account,” and then click on “Delete account” to confirm your decision to deactivate your Coinbase account. You will then see a message telling you that we are deleting your account from our database.
  7. If Coinbase has confirmed your transaction before now, you can wait for the page to update and then click on the “Cancel” button. It should cancel your deactivation request.

After deactivating your Coinbase account, you will be able to log back in with the same account credentials and access your wallet and transaction history. Note that we may need up to 24 hours to process this cancellation.

8) How to Delete a Coin on the Coinbase Wallet?

You can’t delete a coin (i.e., bitcoin, ethereum, litecoin, etc.) on the Coinbase Wallet. You can only transfer your coin to another wallet. We do not support the trading of coins on Coinbase at this time.

9) How to Delete Coinbase Account Before Verification?

If you delete your account and then log in, at some point in the future, you will receive a verification email that you will need to follow before we can restore your account.

10) How to Delete a Coinbase Pro Account?

You can delete your Coinbase Pro account from Coinbase by doing the following:

  1. On your iPhone, go to “Settings” → “Accounts.”
  2. Scroll down and click on the account you want to delete.
  3. Select the option labeled “Delete.” You will then be asked to confirm this action on your Coinbase account by clicking “Update Account.” It can take up to 24 hours, but it should happen automatically if your transaction has been confirmed before now.

11) How to Delete Coinbase History?

You can delete your Coinbase history by doing the following:

  1. Log into your Coinbase account on our website.
  2. In the top right corner of any page, click on “Settings.”
  3. Scroll down until you see a section labeled “Delete transaction history,” and then click on that option.
  4. Scroll down to the bottom of that page and click on “Delete transaction history.”
  5. Click “Submit.” You will be asked to confirm this action by clicking on “Delete my full transaction history.” It can take up to 24 hours, but it should happen automatically if your transaction has been confirmed before now.

12) How to Delete my Phone Number on Coinbase?

You can delete your phone number on Coinbase by doing the following:

  1. On your iPhone, go to “Settings” → “Accounts,” and then click on the “phone number” you want to delete.
  2. Select the option labeled “Delete,” and then confirm this action on your Coinbase account by clicking on “Delete this account.” It can take up to 24 hours, but it should happen automatically if your transaction has been confirmed before now.

13) How to Delete my Watchlist on Coinbase?

You can delete your watchlist on Coinbase by doing the following:

  1. On your iPhone, go to “Settings” → “Accounts” and then click on the watchlist.
  2. Select the option labeled “Delete,” and then confirm this action on your Coinbase account by clicking on “Delete this account.” It can take up to 24 hours, but it should happen automatically if your transaction has been confirmed before now.

14) Does Coinbase Delete Old Accounts?

We will delete your Coinbase account if you don’t log in for five years. However, if you’ve been an active user of Coinbase in the past, you may still have your account on a limited basis.

15) How Do I Delete Pending Transactions on Coinbase wallet?

If you accidentally sent a transaction from an alphanumeric address, you will not be able to delete this transaction from your wallet. You must contact Coinbase customer service.

Wrapping Up

Deleting a Coinbase account is often a step to be considered carefully. You can close and open a new Coinbase account if you want to though you may need to use a different email address to do so. It’s also important to keep in mind that just because you delete the Coinbase app, it doesn’t mean you deleted your Coinbase account.

References

  1. https://www.coinbase.com
  2. https://help.coinbase.com/en/contact-us
15 Deleting Coinbase Questions (Quick Answers!) | aTimeforCash.net (2024)

FAQs

Why does Coinbase ask so many questions? ›

Coinbase requires identity verification for legal compliance and fraud prevention.

Why is it so hard to cash out on Coinbase? ›

When you use a linked bank account (ACH) to buy crypto or add cash to your account balance, the funds are placed on hold and won't be immediately available to send or cash out. Think of this like depositing a check to your bank account and having to wait for it to clear before you can remove the funds.

Why did my Coinbase account get deleted? ›

Due to violations of our User Agreement, Coinbase may initiate closure of customer accounts for reasons, including, but not limited to, engaging in prohibited activity.

What happens if Coinbase closes your account? ›

If your Coinbase account has been shut down due to violations of the user agreement, your remaining balance must be withdrawn from your account. When you sign in, you'll be prompted to withdraw all funds from your account. Coinbase can no longer provide you with currency conversion services.

Do you have to report crypto under $600? ›

You owe taxes on any amount of profit or income, even $1. Crypto exchanges are required to report income of more than $600, but you still are required to pay taxes on smaller amounts. Do you need to report taxes on Bitcoin you don't sell? If you buy Bitcoin, there's nothing to report until you sell.

Is Coinbase being investigated? ›

The SEC had charged Coinbase with acting as a national securities exchange, a broker and a clearing agency with respect to transactions in thirteen identified crypto-assets, which the SEC contended were “securities” as understood under federal securities law, in violation of Sections 5, 6,15(a) and 17A(b) of the ...

How do I get my money off Coinbase? ›

Mobile app
  1. Access the Coinbase mobile app.
  2. Select My assets in the navigation bar and then choose Cash out.
  3. Enter the amount of currency you want to cash out or select Max to include your full balance.
  4. Select your bank account or PayPal and then Preview cash out.
  5. Select Cash out now.

Why is Coinbase cancelling my cash out? ›

To ensure the security of Coinbase users' accounts and transactions, Coinbase may decline certain transactions if potential security issues are observed. If you believe your transaction should not have been canceled, please follow these steps: Complete all verification steps, including verifying your identity.

Is it safe to leave cash in Coinbase? ›

The vast majority of Coinbase client cash is stored in FDIC-insured bank accounts and U.S. government money market funds to keep it safe and liquid. Like all assets on Coinbase, we hold client cash 1:1 and your assets are your assets.

Can Coinbase drain your bank account? ›

No, Coinbase does not have access to your bank account credentials if you link via Plaid. We will never ask for your bank account username or password.

What is the 12 word phrase on Coinbase? ›

Wallet seed phrase

Coinbase Wallet generates a 12-word recovery phrase, also referred to as a seed phrase, that you and only you have access to. This means that if you lose your recovery phrase, you will lose access to your Coinbase Wallet and any funds secured by this recovery phrase will be at risk.

What is the secret seed in Coinbase? ›

A recovery phrase (sometimes known as a seed phrase) is a series of words generated by your cryptocurrency wallet that gives you access to the crypto associated with that wallet. Think of a wallet as being similar to a password manager for crypto, and the recovery phrase as being like the master password.

Why won't Coinbase let me cash out? ›

However, you'll need to wait until any existing Coinbase account holds or restrictions have expired before you can cash out with your bank account. Withdrawal-based limit holds typically expire at 4 pm PST on the date listed.

What's better than Coinbase? ›

The Top Coinbase Alternatives
  • eToro – Overall Best Coinbase Alternative With Transparent Fees And Smart Portfolios.
  • Kraken – Low-Cost Crypto Exchange with 250+ Cryptocurrencies and Proof of Reserves.
  • Gate.io – Low-cost crypto platform lets you trade over 1,700 cryptos and supports staking option.
Mar 29, 2024

Can Coinbase freeze your bank account? ›

Using Coinbase generally should not cause your bank account to be frozen.

Can I trust Coinbase with my information? ›

Encryption: We store your account numbers and routing numbers using bank-level AES-256 encryption on our servers. This ensures that your information is securely stored.

How trustworthy is Coinbase? ›

Because it is US-based, publicly-traded, and is on the cutting edge of crypto security solutions, Coinbase consistently ranks as the safest crypto exchange in the world. That's why it's trusted by more than 100 million crypto investors.

What will you primarily use Coinbase for questions? ›

Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency (crypto).

Why does Coinbase keep saying suspicious activity? ›

To ensure the security of Coinbase users' accounts and transactions, Coinbase may decline certain transactions if suspicious activity is observed. If you believe your transaction should not have been cancelled, please follow these steps: Complete all verification steps, including verifying your identity.

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