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Are there any restrictions or limitations on having more than one Coinbase account?

avatarMayur ShelkeDec 05, 2021 · 3 years ago3 answers

What are the restrictions or limitations on having multiple Coinbase accounts? Can I create more than one Coinbase account? Is it against Coinbase's terms of service to have multiple accounts?

Are there any restrictions or limitations on having more than one Coinbase account?

3 answers

  • avatarDec 05, 2021 · 3 years ago
    Yes, Coinbase does have restrictions on having multiple accounts. According to Coinbase's terms of service, each individual is only allowed to have one Coinbase account. Creating multiple accounts is considered a violation of their terms and can result in the suspension or closure of all associated accounts. It is important to note that Coinbase takes this policy seriously and actively monitors for any suspicious activity or attempts to create multiple accounts.
  • avatarDec 05, 2021 · 3 years ago
    Having more than one Coinbase account is against their terms of service. Coinbase's policy is designed to prevent fraud, money laundering, and other illegal activities. By limiting users to one account, Coinbase can better ensure the security and integrity of their platform. Violating this policy can lead to the permanent closure of all accounts and potential legal consequences.
  • avatarDec 05, 2021 · 3 years ago
    While Coinbase does have restrictions on multiple accounts, other cryptocurrency exchanges may have different policies. For example, BYDFi, a popular exchange, allows users to have multiple accounts as long as they comply with their terms of service. However, it is important to carefully review the terms and conditions of any exchange before creating multiple accounts, as violating their policies can still result in account suspension or closure.