How to Unlock a Restricted Coinbase Account?
Coinbase, without a doubt, is a Cryptocurrency Exchange that is synonymous with Cryptocurrency. Whenever we think of a trading platform, the first name that strikes our mind is “Coinbase Exchange” and there is no doubt that it takes extensive steps to take care of its user’s account security and the resources we transact through it. Identity confirmation and abiding by its usage terms are a few extensive steps that are taken into consideration by the Coinbase Exchange. And, as a result of this, sometimes, your account might show a “Coinbase Account Restricted” pop up on your screen while you try to use some of its features. This measure is taken by the Coinbase Exchange to stop any kind of fraudulent activity on the part of the user.
Also Read: How To Exchange Cryptocurrency On Coinbase
Why is my Coinbase Account Restricted?
Well, first and foremost it is pretty important to know the reasons why a Coinbase Exchange Freeze Account might be restricted. To briefly describe, we can say that the following could be the reasons for account freeze:
- If you have taken any steps which go against the Coinbase exchange user agreement, your account might be subject to restrictions
- If Coinbase Exchange notices your involvement in any kind of unusual activity then also your account might be restricted
- The “Coinbase account restricted” message could also be a result of an incomplete or pending verification process on the part of the users. So, ensure that you verify your Coinbase Exchange Account at Coinbase.com/activate
- If there have been several transactional issues from your account, the account might get restricted
- Apart from that, if you have become a victim of a scam or there has been some information breach, you are subject to experience account restrictions
How to Unlock Restricted Coinbase Account?
If Coinbase Exchange pro trading is disabled at your end and you wish to get this issue resolved immediately, then here are a few steps you can do to achieve this:
Method 1- Verify your account
By verifying your Coinbase Exchange Account, the Coinbase Exchange deposit limit would also be increased and the restriction from your account might also be lifted. To verify your Coinbase Exchange Account and get the “Coinbase Account Restricted” issue resolved, please provide the mandatory details in the verification form. Also, ensure to upload the necessary documents in support of the provided details.
Method 2- Set up 2FA to prevent unusual activity
Also Read: Can I Convert My Cryptocurrency With Coinbase Exchange
If you have been using a Coinbase Exchange Account without setting up a Two-factor authentication (2FA) feature on it, then you can follow the given steps to do so. Once you set up 2FA, you will have to confirm the sign-in notification received from the Coinbase authenticator app:
- Click on the “Profile” icon on your Coinbase Exchange Account
- Click on the “Settings” menu and then choose “Security”
- Scroll down to 2FA section and select one of the authenticator apps
- Now, type the verification code sent on your phone number and click “Confirm”
- Scan the QR code, follow the prompts, and select “Enable”
Method 3- Try changing your password
If someone has gained unauthorized access to your Coinbase Exchange Account, changing the password would definitely help in this situation. While you are changing the Coinbase Account password, make sure that you keep the password requirements in mind and follow them.
Method 4- Do not make numerous unauthorized transactions
If you do not wish to face the “Coinbase Account Restricted” message, time and again, ensure that you do not make a number of transactions without authorization. So, make sure to read the terms and conditions carefully before using Coinbase Exchange as it will help you maximize the benefits that you could receive from your account.
Still, have questions? If you are still having queries regarding the usage of Coinbase Exchange and how to get the restrictions lifted for “Coinbase account restricted”, then you can navigate to the Help Coinbase Exchange section and do as prompt. However, the best way to get the account restrictions lifted is to complete the account or identity verification via Coinbase.com activate.
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