Coinbase One offers a free trial period for 30 days, if the period comes to an end you will be entered into a paid subscription. Having the subscription one can get to enjoy trading for free, access to Support Help for any assistance regarding the account, and by paying $1M you can obtain account protection.
If you do not find the account suitable you can opt out by cancelling Coinbase One Account. If you desire to discontinue the previous account you can do so. Here this guide will help you to cancel the Coinbase One.
How do I cancel the subscription of Coinbase One?
If you want to just try the free trial you will have 30 days at hand and can cancel before the plan expires. In case you fail to opt out of the service you will be into a subscribed membership. Do not worry, following simple steps, one can cancel the account.
- Log in:
First, go to the account page by logging in using the user ID and password.
- Verify your Identity:
The account status of Coinbase will indicate account verification before moving ahead with the cancellation.
- Contact Support:
Coinbase doesn’t have an option to self-cancel the account through the online platform; rather, you will be required to seek help from Coinbase’s customer support. Just click on the “Help” tab, available on the web page or on the app.
- Submit a Request:
Moving to the support center, choose the “Submit a Request” option to begin the cancellation procedure. You will be required to furnish the details of the account and an explanation for the cancellation.
- Wait for the Response from the Rep:
After presenting the request, you will acquire confirmation over email. Coinbase support will inspect the request, and you will obtain further instructions or clarifications on the request made.
- Complete the Processing:
Follow any further instructions equipped by Coinbase support to complete the procedure of account cancellation. This may implicate confirming the proof of your identity once again or addressing any remaining balances on the account.
- Withdraw if any Funds:
Before canceling the Coinbase account, ensure that you have withdrawn any remaining crypto coins or funds to an external wallet or to your bank account. Coinbase proposes options to transfer the assets to other wallets.
- Review:
After the completion of the cancellation process, check that the account is indeed canceled. You will get a confirmation email from Coinbase confirming the cancellation.
How to Create a New Account at Coinbase
If you wish to have a new account, the first thing you need to do is cancel the old one and then proceed to get a new Coinbase account.
In order to cancel the account Coinbase account and create a new one, here are the steps to be followed:-
- Ensure you have withdrawn or transferred any remaining crypto coins or funds from the existing account. You won’t be liable to transfer them to the new account.
- Visit the official website of Coinbase and log in to the current account.
- Next, navigate to the Coinbase Support page or check for the Help Center.
- Search for “Contact Support” or tap on the “Submit a Request” tab whichever is available.
- Clarify the intention to cancel the existing account. Coinbase support will lead the way through the procedure and may instruct you to follow some verification steps.
- Coinbase might ask for additional information to ascertain the identity to confirm the security of the account cancellation.
- Once Coinbase support confirms your request, they will initiate the account closure process. This may take some time, depending on their support volume.
- You will receive a confirmation email that the account has been canceled successfully.
- As you obtain the confirmation, you need to head to the website once again. Tap on the Signup tab to register for a new account.
- Provide the essential information for the new account at Coinbase, including the name, email ID, contact number, and password.
- Coinbase may mandate identity proof for the new account. Follow the instructions and furnish the requested documents.
- In order to protect the account, enable 2FA and add up an extra layer of security to the new account.
- Once the new account is set up and ascertained, you can start trading and utilizing the platform as usual.
Conclusion
Remember to exercise caution when trading with cryptocurrencies and ensure you have a security backup of the wallet information and recovery phrases. Because once you cancel the subscription all the information stored will be removed and it’s reversible.
Any issue with an account get in contact with Coinbase headquarters customer support to seek assistance.
This guide is just for educational purposes and is not connected to any trading site for advertisements.