How to Delete Coinbase Account？

Coinbase is one of the most popular platforms for buying, selling, and storing cryptocurrencies. However, some users may want to delete their Coinbase account for various reasons. They may want to switch to a different platform, protect their privacy, or stop using cryptocurrencies altogether. Whatever the reason, deleting a Coinbase account is possible, but it is a permanent action that cannot be undone. Therefore, users should be careful and follow some steps before deleting their Coinbase account.

Steps to Delete Coinbase Account

Before deleting a Coinbase account, users should make sure that they have transferred all their funds to another wallet or exchange. If they have any remaining balance in their Coinbase account, they will lose access to it once they delete their account. Users can also donate their funds to GiveCrypto.org, a nonprofit organization that distributes cryptocurrencies to people in need¹.

To transfer or donate funds from a Coinbase account, users should follow these steps:

• Log in to the Coinbase website or app.
• Click on the “Portfolio” tab and select the cryptocurrency they want to transfer or donate.
• Click on the “Send” button and enter the amount and the address of the recipient or GiveCrypto.org.
• Confirm the transaction details and click on “Send now”.

After transferring or donating all their funds, users can proceed to delete their Coinbase account by following these steps:

• Log in to the Coinbase website or app.
• Click on the “Settings” tab and select the “Account” option.
• Scroll down and click on the “Close Account” button.
• Enter the password and click on the “Close my Coinbase account” button.

Users will receive a confirmation email from Coinbase that their account has been deleted. They should also uninstall the Coinbase app from their devices.

Alternatives to Coinbase

Deleting a Coinbase account does not mean that users have to give up on cryptocurrencies. There are many alternatives to Coinbase that offer similar or better services for buying, selling, and storing cryptocurrencies. Some of them are:

• Swan Bitcoin: Swan Bitcoin is a platform that allows users to buy Bitcoin automatically with recurring purchases. Users can set up a plan that suits their budget and goals, and Swan Bitcoin will buy Bitcoin for them at regular intervals. Swan Bitcoin also offers low fees, high security, and easy withdrawals².
• River Financial: River Financial is a platform that focuses on Bitcoin only. Users can buy, sell, and store Bitcoin with River Financial, as well as access advanced features such as Lightning Network, multisig wallets, and tax tools. River Financial also provides excellent customer service and education³.
• Cash App: Cash App is a platform that allows users to send and receive money, as well as buy and sell Bitcoin. Users can link their bank accounts or debit cards to Cash App and use it to pay for goods and services, or withdraw cash from ATMs. Cash App also offers low fees, instant transactions, and a user-friendly interface⁴.
• Bull Bitcoin: Bull Bitcoin is a platform that caters to Canadian users who want to buy and sell Bitcoin. Users can use Canadian dollars to buy Bitcoin with Bull Bitcoin, as well as spend their Bitcoin at various merchants that accept it. Bull Bitcoin also supports privacy features such as CoinJoin and PayJoin⁵.
• Coinfloor: Coinfloor is a platform that serves UK users who want to buy and sell Bitcoin. Users can use British pounds to buy Bitcoin with Coinfloor, as well as withdraw their funds to their bank accounts. Coinfloor also offers low fees, high security, and fast transactions⁶.
• Amber: Amber is a platform that targets Australian users who want to buy and sell Bitcoin. Users can use Australian dollars to buy Bitcoin with Amber, as well as set up recurring purchases or round up their spare change. Amber also offers low fees, high security, and simple design⁷.

Conclusion

Coinbase is a popular platform for buying, selling, and storing cryptocurrencies, but some users may want to delete their Coinbase account for various reasons. Deleting a Coinbase account is possible, but it is a permanent action that cannot be undone. Therefore, users should be careful and follow some steps before deleting their Coinbase account. They should transfer or donate all their funds from their Coinbase account, and then close their account from the settings page. They should also uninstall the Coinbase app from their devices.

Deleting a Coinbase account does not mean that users have to give up on cryptocurrencies. There are many alternatives to Coinbase that offer similar or better services for buying, selling, and storing cryptocurrencies. Users can choose a platform that suits their location and preferences from the list of alternatives provided in this article.