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What happens to my cryptocurrencies if I delete my Coinbase wallet account?

avatarSivakrishna KandulaDec 28, 2021 · 3 years ago7 answers

If I delete my Coinbase wallet account, what will happen to my cryptocurrencies?

What happens to my cryptocurrencies if I delete my Coinbase wallet account?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    If you delete your Coinbase wallet account, your cryptocurrencies will still exist on the blockchain. However, you will no longer have access to them through your Coinbase account. It's important to note that deleting your account does not delete your cryptocurrencies. To regain access to your cryptocurrencies, you will need to create a new Coinbase account or use a different wallet that supports the specific cryptocurrencies you own.
  • avatarDec 28, 2021 · 3 years ago
    Don't worry! Deleting your Coinbase wallet account does not mean your cryptocurrencies will be lost. Your cryptocurrencies are stored on the blockchain, which is a decentralized ledger. Deleting your account only means that you won't be able to access them through Coinbase anymore. To regain access, you can simply create a new Coinbase account or import your wallet into another compatible wallet software.
  • avatarDec 28, 2021 · 3 years ago
    If you delete your Coinbase wallet account, your cryptocurrencies will still be safe. Coinbase is just a custodial wallet, which means they hold your private keys on your behalf. Deleting your account only removes your access to Coinbase's services. Your cryptocurrencies will remain on the blockchain and can be accessed using other wallets or exchanges. Just make sure to securely store your private keys or recovery phrases to ensure you can still access your cryptocurrencies in the future.
  • avatarDec 28, 2021 · 3 years ago
    Deleting your Coinbase wallet account won't affect your cryptocurrencies. Your cryptocurrencies are stored on the blockchain, and Coinbase is just a platform that allows you to manage them. When you delete your account, you're simply severing the connection between your Coinbase account and your cryptocurrencies. You can still access and manage your cryptocurrencies using other wallets or exchanges.
  • avatarDec 28, 2021 · 3 years ago
    If you delete your Coinbase wallet account, your cryptocurrencies will not be deleted. They are stored on the blockchain, which is a decentralized network. Deleting your account only means that you won't be able to access your cryptocurrencies through Coinbase anymore. You can still use other wallets or exchanges to manage your cryptocurrencies. Just remember to securely store your private keys or recovery phrases to ensure you can recover your cryptocurrencies in the future.
  • avatarDec 28, 2021 · 3 years ago
    When you delete your Coinbase wallet account, your cryptocurrencies remain unaffected. They are stored on the blockchain, which is a distributed ledger. Deleting your account only removes your access to Coinbase's platform. You can still manage your cryptocurrencies using other wallets or exchanges. Just make sure to keep your private keys or recovery phrases safe and secure.
  • avatarDec 28, 2021 · 3 years ago
    If you delete your Coinbase wallet account, your cryptocurrencies will not be lost. They are stored on the blockchain, which is a decentralized network. Deleting your account only means that you won't be able to access your cryptocurrencies through Coinbase anymore. You can still use other wallets or exchanges to manage your cryptocurrencies. Remember to keep your private keys or recovery phrases safe to ensure you can recover your cryptocurrencies in the future.