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Coinbase’s Privacy Policies And How To Delete Your Data Or Opt Out

Coinbase’s Privacy Policies And How To Delete Your Data Or Opt Out image
Updated: October 4th, 2023

Introduction 

Coinbase collects personal information, such as name, address, email, phone number, and financial information, when users sign up for and use their cryptocurrency exchange and wallet services. They may also collect data through cookies, web beacons, and other tracking technologies.
The collected information is used to provide services to users, improve products and services, and personalize user experiences. Coinbase may also use the information for marketing and advertising purposes, with user consent.
The company takes measures to protect the personal information they collect, such as encryption, access controls, and monitoring for unauthorized access. They may share information with third-party service providers, partners, and affiliates for business purposes.
Users have the right to access, correct, or delete their personal information, and to opt-out of marketing communications. Coinbase also provides information about how to contact them with privacy concerns or questions.
Coinbase may update their legal page from time to time, and users can check the page for the most recent version. The page includes information about the terms of service for using Coinbase's platform, the privacy policy for how they collect and use personal information, and other legal agreements related to using their services.

Coinbase’s privacy practices

Coinbase, a cryptocurrency exchange platform, takes privacy seriously and has implemented several measures to protect the personal information of its users. The company's privacy policy provides detailed information on how it collects, uses, and shares user information, as well as the measures it takes to safeguard this information.
  • Information Collection: Coinbase collects various types of personal information from users, such as name, email address, phone number, financial information, and government-issued identification. The company collects this information from users directly, through its website and mobile app, and from other sources (e.g., public records).
  • Information Use: Coinbase uses personal information for various purposes, including to provide its services, personalize content, and communicate with users. The company may also use data for advertising purposes, but users can opt-out of such targeting. Additionally, the company may use data for research and analytics purposes.
  • Information Sharing: Coinbase may share personal information with its affiliates, service providers, and business partners, as well as with government agencies and law enforcement in certain circumstances. The company also allows users to control how their information is shared and used.
  • Information Protection: Coinbase employs technical and organizational measures to protect user data, such as encryption, access controls, and regular security reviews. The company also provides users with resources to help them protect their information, such as two-factor authentication and online security tips.
  • Cookies and Tracking Technologies: Coinbase may use cookies and other tracking technologies to collect user data, such as browsing history and IP address. The company provides users with options to control their use of cookies and opt-out of certain tracking practices.
  • Children's Privacy: Coinbase does not knowingly collect information from children under the age of 13 without parental consent, and its services are not intended for use by children.
Overall, Coinbase's privacy practices are comprehensive and transparent. The company provides detailed information on how it collects, uses, and shares personal information, as well as the measures it takes to protect user data. 
The company also provides users with options to control their data and protect their privacy, while also complying with legal requirements. However, users should carefully review the privacy policy and understand how their information is being used before providing any personal or sensitive information to the company.

How to contact Coinbase’s privacy department? 

To contact Coinbase's privacy department, users can visit the company's website and navigate to the "Contact Us" page. From there, users can fill out a web form with their contact information and details about their inquiry or concern. Users can also email the company's privacy team directly at privacy@coinbase.com or send a written inquiry to the following address:
Coinbase Privacy Team
548 Market St #23008
San Francisco, CA 94104
The company is committed to addressing privacy-related issues in a timely and efficient manner. Users can expect to receive a response to their inquiry within a reasonable time frame.

How to delete your data from Coinbase?

According to their privacy policy, you can email Coinbase at 
privacy@coinbase.com to make delete requests. PrivacyHawk can also help identify companies that have your personal data and makes it easy to mass delete yourself to reduce your digital footprint and reduce your risk of being targeted by scams, fraud, and identity theft. You can try it for free on the App Store today.
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