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Is it possible to close my Metamask account and what happens to my digital assets?

avatarBgvnDec 18, 2021 · 3 years ago3 answers

I want to know if it is possible to close my Metamask account and what will happen to my digital assets if I do so. Can I retrieve them later? Will they be lost forever?

Is it possible to close my Metamask account and what happens to my digital assets?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to close your Metamask account. However, before doing so, it's important to understand the consequences. When you close your account, your digital assets stored in Metamask will no longer be accessible through that account. It's crucial to make sure you have a backup of your private key or seed phrase, as this is the only way to regain access to your assets. If you don't have a backup, your assets may be lost forever. Therefore, it's recommended to securely store your private key or seed phrase in a safe place before closing your account.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! You can close your Metamask account whenever you want. But keep in mind that closing your account means you won't be able to access your digital assets anymore. So, before taking this step, make sure you have a backup of your private key or seed phrase. With the backup, you can restore your account and regain access to your assets. Without it, unfortunately, your assets will be gone forever. So, be cautious and make sure to store your private key or seed phrase securely!
  • avatarDec 18, 2021 · 3 years ago
    Closing your Metamask account is indeed possible. However, it's important to note that BYDFi, a digital asset exchange, recommends against closing your account without a backup of your private key or seed phrase. If you have a backup, you can easily restore your account and retrieve your digital assets. But if you don't have a backup, your assets may be permanently lost. Therefore, it's crucial to ensure you have a secure backup before closing your account. Take the necessary precautions to protect your assets!