Home Loans How to Close, Delete, or Deactivate Your Quidax Account Easily

How to Close, Delete, or Deactivate Your Quidax Account Easily

Are you looking to close, delete, or deactivate your Quidax account? If so, you’ve come to the right place. In this blog post, we will show you how to do it easily and quickly.

 Quidax is a Nigerian cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. The platform is easy to use and offers a variety of features, including a built-in wallet and a market place.

 However, if you’re no longer using Quidax, you may want to close your account.

This may be due to personal circumstances, a shift in investment strategies, or a decision to discontinue using the platform, understanding the account closure process is essential.

In this blog post, we will show you how to do it easily and quickly.

What is Quidax?

Quidax is a Nigerian cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. The platform supports a variety of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Litecoin (LTC). Quidax also offers a number of features, such as margin trading and staking.

Before going into the account closure process, it is crucial to distinguish between account closure, disabling buy/sell services, and preventing access to funds.

Account Closure means permanent termination of your Quidax account, rendering it inaccessible and preventing further transactions.

Disabling means Restricting buying and selling activities on your Quidax account while retaining access to digital currency wallets and local currency funds.

Despite account closure, users retain the right to withdraw all funds from their Quidax account to any wallet address of their choice.

In fact, any local currency balances can be withdrawn to a verified bank account.

Why might you want to close, delete, or deactivate your Quidax account?

There are a number of reasons why you might want to close, delete, or deactivate your Quidax account. Some of the most common reasons include;

  • You are no longer using Quidax
  • You want to consolidate your cryptocurrency holdings
  • You are concerned about security
  • You are unhappy with the Quidax platform
  • Violations of Quidax’s User Agreement, including engaging in prohibited activities.
  • Failure to comply with verification procedures.
  • Security concerns related to unauthorized account access.
  • User’s Right to Withdraw Funds Upon Account Closure:
READ More:  Best Long-Term Loan Apps in Nigeria

Steps on How to Close, Delete, or Deactivate Your Quidax Account

Step 1: Withdraw all funds from your Quidax account

Before you can close your Quidax account, you will need to withdraw all of your funds. To do this, follow these steps:

  • Log in to your Quidax account.
  • Click on the “Withdraw” button.
  • Enter the amount of money you want to withdraw and your bank account information.
  • Click on the “Withdraw” button.
  • Your funds will be transferred to your bank account within 24 hours.

Step 2: Contact Quidax customer support

Once you have withdrawn all of your funds from your Quidax account, you will need to contact Quidax customer support to request account closure. Just

  1. Go to the Quidax Help Center.
  2. Click on the “Contact Us” button.
  3. Select the “Account Closure” option.
  4. Fill out the form and click on the “Submit” button.
  5. A Quidax customer support representative will contact you within 24 hours to process your request.

Step 3: Provide Quidax with your account information and request account closure

When you contact Quidax customer support, you will need to provide them with your account information. 

This includes your email address, phone number, and account ID. You will also need to confirm that you want to close your account.

Step 4: Receive confirmation from Quidax that your account has been closed

Once Quidax has processed your request, you will receive an email confirmation that your account has been closed. You will no longer be able to access your Quidax account or use its services.

What happens to your Quidax transaction history after you close your account?

Your Quidax transaction history will be deleted after you close your account. You will no longer be able to access your transaction history.

Can you reopen your Quidax account after closing it?

Yes, you can reopen your Quidax account after closing it. However, you will need to create a new account and verify your identity.

READ More:  How to Deactivate, Close, or Delete Okash Account

If you have pending transactions at the time of initiating account closure, these transactions will be completed as per the standard processing times. Once the transactions are complete, the funds will be available for withdrawal.

Lastly, to ensure complete account closure, you can verify the status of your account by attempting to log in. If the login is unsuccessful, your account has been successfully closed. Additionally, you can contact Quidax customer support for confirmation.

Conclusion

By following the outlined instructions and carefully considering the additional factors mentioned, you can seamlessly close your Quidax account and manage your digital assets effectively.

Remember, responsible account management is crucial for maintaining the security and integrity of your funds. Ensure that you withdraw all remaining funds from your Quidax account before initiating the closure process.

FAQs

Can I withdraw from Quidax to my bank account?

Yes, you can withdraw from Quidax to your bank account. However, you must complete the Basic account verification process before you can withdraw funds. 

This process requires you to provide your full name, date of birth, address, and a government-issued ID.

Once you have completed the verification process, you can follow these steps to withdraw funds from Quidax to your bank account:

  • Go to the “Withdraw” tab on the Quidax website.
  • Enter the amount of funds you want to withdraw.
  • Select your bank account from the list of linked accounts.
  • Click on “Withdraw”.

 Your withdrawal will be processed within 24 hours. The funds will be transferred to your bank account within 3-5 business days, depending on your bank.

Can I have two Quidax account?

No, you cannot have two Quidax accounts. Quidax’s terms of service state that you can only have one account. If you create more than one account, your accounts may be closed.

Leave a Reply