Coinbase Privacy Policy

Read our summary of Coinbase's Privacy Policy.

Implications

  • Coinbase collects extensive personal information, including financial and biometric data.
  • Coinbase shares information with affiliates and third-party service providers.
  • Coinbase uses personal information to provide and improve services and fulfill legal requirements.
  • Coinbase offers tools for users to access and delete their personal information.
  • Coinbase may transfer personal information globally, which could affect data protection rights.
  • Coinbase retains personal information as needed to comply with legal obligations and protect interests.
  • Children under 18 are prohibited from using Coinbase services.
  • Coinbase uses cookies and similar technologies to collect data about service usage.
  • Users in certain jurisdictions have rights to access, rectify, or erase their data, among other rights.
  • Coinbase may preserve and share your information with law enforcement and other authorities.
  • Coinbase may use your information for marketing and promotional communications.
  • Coinbase's privacy policy is subject to change, and users will be notified of material changes.
  • Coinbase provides a privacy dashboard for users to manage their privacy settings.
  • If you do not consent to the collection, use, or disclosure of your information as described, you cannot use Coinbase services.
  • Coinbase may analyze public blockchain data, which could include your transaction information.

Things to watch out for

  • Be cautious of the extensive personal information Coinbase collects, including sensitive financial and biometric data.
  • Understand that your information may be shared with affiliates and third-party service providers, potentially affecting your privacy.
  • Be aware that Coinbase may transfer and store your personal information globally, which could impact your data protection rights.
  • Know that Coinbase may use your information for marketing purposes unless you opt-out.
  • Remember that if you are under 18, you are not allowed to use Coinbase services.

AI recommendations

Before using Coinbase, consider the scope of personal information you are comfortable sharing, as Coinbase requires extensive data for account creation and verification. Pay attention to the sharing of your data with third parties and the potential for global data transfers, which could impact your privacy rights. Utilize the privacy tools provided by Coinbase to manage your data and opt-out of marketing communications if desired. Stay informed about any policy changes by reviewing updates to the privacy policy. If privacy is a major concern for you, compare Coinbase's practices with other services to find one that aligns with your preferences.

FAQs

What kind of personal information does Coinbase collect?

Coinbase collects a wide range of information, including basic customer details, financial information, transaction data, biometric data for identity verification, wallet information, and usage data.

Can I control how my personal information is used by Coinbase?

Yes, you can manage your privacy settings through the Privacy Rights Dashboard, request data access or deletion, and opt-out of marketing communications.

Will my personal information be shared with third parties?

Coinbase shares information with affiliates, third-party service providers, law enforcement, and other authorities as necessary for providing services, legal compliance, and for safety and security reasons.


(Last updated: 15th December, 2023)

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