Deleting a Coinbase Account After Death
Managing a Coinbase Account with Digital Rest After the Death of a Loved One
Losing a loved one is always painful. At Digital Rest, we understand that grief comes with many responsibilities, including managing digital accounts like Coinbase.
This article will explain how to manage a Coinbase wallet after the death of a loved one.
What is Coinbase?
Coinbase is a California-based cryptocurrency exchange, similar to Kraken or Binance. Founded in 2012 by Brian Armstrong, Coinbase allows the buying, selling, and storage of cryptocurrencies.
To use Coinbase, you need a cryptocurrency wallet, which is different from the Coinbase account itself.
If you don't have access to the account
If you are the beneficiary of the deceased's estate, Digital Rest can help you access the deceased's Coinbase account. Simply enter the deceased's email address on our platform, and we'll take care of the rest.
Say goodbye to stress and mental load and let Digital Rest collect what's owed to you.
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If you have access to the account
Managing a Coinbase Account Only
If your loved one only had a Coinbase account, this means they must have had a separate cryptocurrency wallet. This wallet could be physical (such as a USB drive), software (such as Coinbase Wallet), or paper. You will then need to access this wallet to manage the deceased's cryptocurrencies.
Recovering Funds from Coinbase
If you decide to recover funds from Coinbase, here are the steps to follow:
- Log in to your Coinbase account.
- Click "Portfolio," then "EUR Wallet."
- Select "Withdraw."
- Enter the amount to withdraw.
- For convenience, it's recommended to withdraw all funds at once. Confirm the transaction.
Closing a Coinbase Account
To close a Coinbase account, you must contact Coinbase directly and provide a copy of your death certificate, your ID, and all legal documents proving your right to inherit. The Coinbase team will assist you throughout this process.
Conclusion
At Digital Rest, we strongly encourage individuals to share their digital account access with their beneficiaries to avoid such complications.
We understand that the loss of a loved one is difficult enough without having to deal with the complications of managing digital accounts. Let us help make this process as simple and painless as possible.