What happens to my digital assets when I delete my Coinbase account?

When I delete my Coinbase account, what will happen to my digital assets? Will they be permanently deleted or can I still access them through other means?

3 answers
- Once you delete your Coinbase account, your digital assets will no longer be accessible through Coinbase. However, this does not mean that your assets are permanently deleted. Your digital assets are stored on the blockchain, and as long as you have the private keys or recovery phrase associated with your assets, you can still access and manage them through other wallets or exchanges. It's important to make sure you have a backup of your private keys or recovery phrase before deleting your Coinbase account.
Mar 19, 2022 · 3 years ago
- Deleting your Coinbase account does not delete your digital assets. Your assets are stored on the blockchain, and deleting your account only removes your access to them through Coinbase. To continue managing your assets, you can use other wallets or exchanges that support the specific blockchain your assets are based on. Remember to securely store your private keys or recovery phrase to ensure you can still access your assets.
Mar 19, 2022 · 3 years ago
- When you delete your Coinbase account, your digital assets will no longer be accessible through Coinbase. However, you can still access and manage your assets through other wallets or exchanges. For example, you can use a hardware wallet like Ledger or Trezor to store and manage your assets securely. Just make sure to transfer your assets to another wallet or exchange before deleting your Coinbase account to avoid any potential loss of access.
Mar 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 98
Are there any special tax rules for crypto investors?
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
How can I protect my digital assets from hackers?
- 81
What are the advantages of using cryptocurrency for online transactions?
- 50
How can I buy Bitcoin with a credit card?
- 48
What is the future of blockchain technology?
- 45
What are the tax implications of using cryptocurrency?
- 30
What are the best practices for reporting cryptocurrency on my taxes?