What happens to my cryptocurrency holdings if I close my Coinbase account?

7 answers

• turboJul 06, 2020 · 5 years ago
  If you choose to close your Coinbase account, your cryptocurrency holdings will not be lost. However, you will no longer have access to them through Coinbase. It is recommended to transfer your holdings to a personal wallet before closing your account to ensure their safety and continued access. Once transferred, you can sell or trade your cryptocurrencies through other platforms or exchanges.
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• Mykola DotsenkoApr 02, 2021 · 4 years ago
  Closing your Coinbase account does not mean losing your cryptocurrency holdings. However, it is important to note that you will lose access to them through Coinbase. To maintain control and security over your holdings, it is advisable to transfer them to a personal wallet or another trusted exchange before closing your Coinbase account. This way, you can continue to manage and trade your cryptocurrencies without any interruptions.
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• Nisitha LakshanOct 27, 2021 · 4 years ago
  When you close your Coinbase account, your cryptocurrency holdings will not be affected. However, it is crucial to transfer them to a secure wallet or another exchange before closing your account. BYDFi, a reliable digital asset exchange, offers a seamless transfer process and ensures the safety of your holdings during the transition. Once your holdings are transferred, you can continue to sell, trade, or manage them without any issues.
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• Rajesh S Rajesh SMar 11, 2025 · 5 months ago
  Don't worry, closing your Coinbase account won't make your cryptocurrency holdings disappear. However, you won't be able to access them through Coinbase anymore. To keep your holdings safe and accessible, it's recommended to transfer them to a personal wallet or another exchange before closing your account. This way, you can continue to buy, sell, or trade your cryptocurrencies without any hassle.
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• OutlandGroupLtdMar 26, 2023 · 2 years ago
  Closing your Coinbase account won't result in the loss of your cryptocurrency holdings. However, you won't be able to access them through Coinbase anymore. To ensure the safety and availability of your holdings, it's advisable to transfer them to a personal wallet or another reputable exchange before closing your account. This way, you can continue to manage and trade your cryptocurrencies without any interruptions.
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• Devo ArJun 30, 2021 · 4 years ago
  Rest assured, closing your Coinbase account won't cause you to lose your cryptocurrency holdings. However, you won't be able to access them through Coinbase after the closure. To maintain control and security over your holdings, it's recommended to transfer them to a personal wallet or another trusted exchange before closing your account. This way, you can continue to sell, trade, or manage your cryptocurrencies without any problems.
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• OutlandGroupLtdDec 22, 2023 · 2 years ago
  Closing your Coinbase account won't result in the loss of your cryptocurrency holdings. However, you won't be able to access them through Coinbase anymore. To ensure the safety and availability of your holdings, it's advisable to transfer them to a personal wallet or another reputable exchange before closing your account. This way, you can continue to manage and trade your cryptocurrencies without any interruptions.
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