What are the consequences of deleting Coinbase and how does it affect my digital currency holdings?
shahraza zaidiDec 26, 2021 · 3 years ago3 answers
What happens if I delete my Coinbase account? Will it have any impact on my digital currency holdings?
3 answers
- Dec 26, 2021 · 3 years agoDeleting your Coinbase account will not affect your digital currency holdings. Your digital currency holdings are stored on the blockchain, not on Coinbase. Deleting your Coinbase account simply means that you will no longer have access to your Coinbase wallet and trading features. However, you can still access and manage your digital currency holdings using other wallets or exchanges.
- Dec 26, 2021 · 3 years agoIf you delete your Coinbase account, you will lose access to the Coinbase platform and its features. This means you won't be able to buy, sell, or trade digital currencies on Coinbase anymore. However, your digital currency holdings will remain intact on the blockchain. To continue managing your holdings, you can transfer them to another wallet or exchange that supports the specific digital currencies you own.
- Dec 26, 2021 · 3 years agoDeleting your Coinbase account won't affect your digital currency holdings, but it's important to consider the implications. Coinbase is a reputable and regulated exchange that provides a secure platform for buying, selling, and storing digital currencies. By deleting your account, you may lose the convenience and security that Coinbase offers. It's recommended to carefully evaluate your options and consider alternative exchanges or wallets before making a decision.
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