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2 mins read

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March 09, 2023

How to close a Coinbase Account

A step-by-step guide on how to delete your Coinbase account

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So you’ve decided to close your Coinbase account. By this point, you’ve probably realized that higher fees, slower customer support, and frequent system outages on Coinbase are spoiling your entire crypto experience.

Hence, we are here to help you in the process of closing your Coinbase account and helping you select a better crypto platform.

Things to Do before you close your Coinbase Account

  1. As a Coinbase user, you will have some crypto in your Coinbase account. Before closing your account, you must withdraw crypto from your Coinbase account to another crypto app.
  1. You can withdraw your crypto to centralized exchanges like Gemini, Kraken, etc., or noncustodial wallets like Ledger, Metamask, etc. Alternatively, you can choose to withdraw your crypto to Juno by creating an account.
  1. Follow the necessary withdrawal process, and transfer your coins, one at a time, from Coinbase. Follow the process to withdraw all coins on Coinbase.

(Alternatively - you can auto-convert all your crypto into Bitcoin by using Coinbase auto-convert feature under the “Buy and Sell” tab).

  1. Depending on the network congestion, your crypto will be deposited in a few minutes to hours.

How to close or delete your Coinbase Account

Closing your Coinbase account is a simple step-by-step process that can be done directly without having to reach out to Coinbase support or the Coinbase Help Center. However, we recommend you follow the closing account procedure on your desktop or laptop. As on mobile, it will redirect you to a mobile browser.

  1. Open your Coinbase Account, click your profile icon, and select settings.
  1. Under the settings option, select Profile and click” Go to Coinbase Account.”
  1. You will be redirected to a new tab. Scroll down and click on the ‘Close account’ tab. Before clicking on closing account, you should download all your tax documents and statements in PDF by clicking on the Taxes and Statements tab.
  1. Once you click on the ‘Close account’ tab, enter your Coinbase account password.
  1. Once done, you will be asked to confirm any pending assets(coins or dollars) on your account. If you have transferred all your assets, click the ‘Close my account’ button to confirm. The cancellation process of your Coinbase account is finished. After this, your Coinbase account will be deleted.

Need a crypto account without high fees or anxiety? We're here to help

With Juno, you can buy and sell crypto for zero fees

To summarize, the Juno account offers

  1. Access to 35+ crypto coins with ZERO trading fees and better prices
  2. 5% yearly bonus on cash deposits up to $25k and a 4% yearly bonus on cash deposits over $25k and up to $250k
  3. Fastest on-ramp by directly buying crypto from cash
  4. Quick and Hassle-free customer support

Sign up with Juno to get your crypto journey started.

QUICK LINKS

How to close exchange accounts

Crypto Platforms and Exchanges Fees and Charges

Kunal Shivalkar
Kunal Shivalkar
Kunal is a crypto native marketer and content writer
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Digital Asset services are provided by Zero Hash, which is not affiliated with Juno or Synapse. Digital Assets are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Digital Assets to decrease to zero or near zero. Digital Assets held in your Zero Hash account are not protected by FDIC insurance or any other government-backed or third party insurance.

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The Juno card is issued by Evolve Bank & Trust, Member FDIC, pursuant to license by Mastercard International. Certain services are offered through Synapse Financial Technologies, Inc. and its affiliates (“Synapse”). Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information. The Partner Financial Institution(s) participating in a Synapse cash management program are referred to in your Synapse Brokerage Customer Agreement.

Treasury Account Disclosures

Certain services are offered through Jiko Group, Inc. and its affiliates (“Jiko”).

Jiko is a nationally chartered bank and a broker-dealer. Jiko’s technology sweeps customer cash and invests it into US Treasury bills. All brokerage services, US Treasury investments, and investment advisory services provided by Jiko Securities, Inc. a registered broker-dealer, member FINRA and SIPC. Banking services are provided by Jiko Bank, a division of Mid-Central National Bank.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.

Investments in T-bills are backed by the full faith and credit of the US government. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS. Securities in your account are protected up to $500,000. For details, please see www.sipc.org. Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

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