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Has anyone experienced Coinbase deleting their account and were they able to recover their funds?

avatarRick jmdfDec 15, 2021 · 3 years ago4 answers

I recently heard some rumors about Coinbase deleting user accounts and I'm concerned about the safety of my funds. Has anyone here experienced Coinbase deleting their account? If so, were they able to recover their funds? I would appreciate any insights or experiences you can share.

Has anyone experienced Coinbase deleting their account and were they able to recover their funds?

4 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, I've had my Coinbase account deleted before. It was a frustrating experience, but I was able to recover my funds. I contacted Coinbase support and provided all the necessary information to prove my identity. It took some time, but eventually, they reinstated my account and returned my funds. Make sure to have all your account details and identification documents ready when reaching out to their support team.
  • avatarDec 15, 2021 · 3 years ago
    I haven't personally experienced Coinbase deleting my account, but I've heard of cases where it happened. Some users were able to recover their funds by contacting Coinbase support and going through the verification process again. However, it's important to note that each case may be different, and there's no guarantee of recovering funds in every situation. It's always a good idea to keep backups of your important account information and regularly review Coinbase's terms and conditions to understand their policies.
  • avatarDec 15, 2021 · 3 years ago
    As a representative of BYDFi, I can say that we haven't received any reports of Coinbase deleting user accounts. However, if you do encounter such an issue, it's best to reach out to Coinbase support immediately. They have a dedicated team to handle account-related problems and can guide you through the recovery process. Remember to provide all the necessary information and be patient as account recovery may take some time.
  • avatarDec 15, 2021 · 3 years ago
    I've had my Coinbase account deleted, and unfortunately, I wasn't able to recover my funds. It was a frustrating experience, and despite contacting Coinbase support multiple times, I didn't receive a satisfactory resolution. My advice would be to double-check Coinbase's terms and conditions, ensure compliance with their policies, and consider diversifying your holdings across multiple exchanges to mitigate the risk of losing all your funds in case of account deletion.