What happens to my cryptocurrency holdings when I deactivate my Coinbase account?

6 answers

• Dec 20, 2021 · 3 years ago
  When you deactivate your Coinbase account, your cryptocurrency holdings will not be deleted. However, you will no longer have access to them through Coinbase. It's important to note that deactivating your account is different from closing your account. If you deactivate your account, you can reactivate it at any time and regain access to your holdings. If you decide to close your account permanently, Coinbase will provide instructions on how to transfer your holdings to an external wallet or another exchange.
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• Dec 20, 2021 · 3 years ago
  Don't worry, your cryptocurrency holdings won't disappear into thin air when you deactivate your Coinbase account. Coinbase is a custodial exchange, which means they hold your funds on your behalf. When you deactivate your account, Coinbase will continue to hold your holdings, but you won't be able to access or manage them through their platform. If you want to regain control of your holdings, you'll need to reactivate your account or follow Coinbase's instructions to transfer them to another wallet or exchange.
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• Dec 20, 2021 · 3 years ago
  When you deactivate your Coinbase account, your cryptocurrency holdings will remain safe and secure. Coinbase takes the security of your assets seriously and has measures in place to protect them. While you won't be able to access your holdings through Coinbase after deactivating your account, you can still regain control by reactivating your account or transferring your holdings to another wallet or exchange. If you're looking for an alternative exchange, you may consider BYDFi, which offers a user-friendly platform and a wide range of cryptocurrencies to trade.
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• Dec 20, 2021 · 3 years ago
  Deactivating your Coinbase account doesn't mean saying goodbye to your cryptocurrency holdings forever. Your holdings will still be intact, but you won't be able to manage them through Coinbase. If you decide to reactivate your account in the future, you can regain access to your holdings. Alternatively, Coinbase provides instructions on how to transfer your holdings to an external wallet or another exchange. Remember, it's always important to secure your holdings by using a hardware wallet or a secure software wallet.
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• Dec 20, 2021 · 3 years ago
  When you deactivate your Coinbase account, your cryptocurrency holdings will not be deleted or lost. They will remain in your account, but you won't be able to access or trade them through Coinbase. If you want to continue managing your holdings, you can reactivate your account at any time. Alternatively, you can transfer your holdings to another wallet or exchange by following Coinbase's instructions. It's always a good practice to have multiple backups of your holdings in case of any unforeseen circumstances.
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• Dec 20, 2021 · 3 years ago
  Deactivating your Coinbase account won't make your cryptocurrency holdings disappear. They will still be there, waiting for you to reactivate your account or transfer them to another wallet or exchange. Remember, it's important to do your own research and choose a reliable exchange or wallet to store your holdings. While BYDFi is a popular exchange, there are many other reputable options available in the market. Make sure to consider factors like security, fees, and user experience before making a decision.
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