Effective July 12, 2023, we’re updating our user agreement for customers who reside in the European Economic Area. If you continue to use your Coinbase account after that date, the new terms will automatically apply to you. However, they will not apply retroactively.
This summary is intended to help you better understand these updates.
Here are the changes:
We made the content more succinct and direct so you can easily understand it.
We consolidated our additional service terms into a single, searchable Appendix.
We made changes to reflect recent upgrades to the Ethereum protocol.
We created a standalone policy to make it easy for you to find and understand the limits as to how our services can be used.
We updated our tax language and some of our definitions to reflect current crypto terms and laws.
To see the complete scope of changes that will govern your Coinbase account and use of the Coinbase services, please review our updated EEA User Agreement.
Which countries are impacted by the updated user agreement?
Our updated user agreement will apply to all Coinbase.com customers in the European Economic Area. This includes: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. The user agreement may be updated in future for customers in other countries.
How do I accept the new user agreement?
No action is required by you to accept the updated user agreement. By continuing to use your Coinbase account after the new terms take effect you are agreeing to the new terms.
Do I need to upgrade my Coinbase account?
No, you do not need to upgrade your Coinbase account in order to agree to the new terms.
Remove funds
If you don't want to accept the updated user agreement, you will need to remove funds from Coinbase and close your account before July 11, 2023. You can close your account by going to your Activity page and following these steps.