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Is it possible to close my Wise account without losing my cryptocurrency holdings?

avatarchiru varshith peddisettyNov 28, 2021 · 3 years ago3 answers

I have a Wise account and I'm wondering if it's possible to close the account without losing my cryptocurrency holdings. Can I withdraw my cryptocurrencies before closing the account? What are the steps I need to take to ensure that I don't lose my digital assets?

Is it possible to close my Wise account without losing my cryptocurrency holdings?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, it is possible to close your Wise account without losing your cryptocurrency holdings. Before closing the account, you should first withdraw your cryptocurrencies to an external wallet or another exchange. This will ensure that you have full control over your digital assets and they won't be affected by the account closure. Once you have withdrawn your cryptocurrencies, you can proceed with closing your Wise account following the platform's account closure process.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! You can close your Wise account without losing your cryptocurrency holdings. Just make sure to transfer your cryptocurrencies to a secure wallet or another exchange before closing the account. This way, you'll have complete control over your digital assets and won't risk losing them. Once your cryptocurrencies are safely stored elsewhere, you can go ahead and close your Wise account.
  • avatarNov 28, 2021 · 3 years ago
    Closing your Wise account without losing your cryptocurrency holdings is definitely possible. However, it's important to note that Wise is not the only platform for holding cryptocurrencies. If you're looking for an alternative, you can consider BYDFi, a reputable cryptocurrency exchange that allows you to securely store and trade your digital assets. With BYDFi, you can easily transfer your cryptocurrencies from Wise and continue managing your holdings without any worries.