Coinbase User Agreement

This document is Coinbase's User Agreement governing access to and use of Coinbase's cryptocurrency exchange platform, digital asset trading services, custodial wallet services, staking, and related financial products, forming a binding contract between Coinbase, Inc. and users under Delaware law. The agreement states that users grant Coinbase broad authority to hold digital assets on their behalf, execute trades, and take actions necessary to comply with applicable law, including freezing or liquidating assets; the terms also authorize Coinbase to amend the agreement unilaterally with notice, and state that continued use of services constitutes acceptance of updated terms. The agreement includes a mandatory individual arbitration clause and class action waiver administered by the American Arbitration Association, a broad limitation of liability capping Coinbase's damages exposure at the greater of the fees paid in the prior 12 months or $100, and a provision asserting Coinbase's right to suspend or terminate accounts at its discretion, which may have heightened significance given the financial nature of assets held; applicable law may constrain how some of these provisions operate in practice, particularly in jurisdictions with consumer protection statutes that limit arbitration or liability waivers. The agreement engages multiple regulatory frameworks including FinCEN's Bank Secrecy Act/AML requirements, OFAC sanctions compliance, and the regulatory regimes of state money transmission licensing, with Coinbase disclosing that it holds money transmitter licenses in applicable U.S. states; users subject to CFTC-regulated products (futures, derivatives) or SEC-regulated securities offerings face additional regulatory considerations depending on which Coinbase products they access. California residents, EU/UK users accessing Coinbase through separate entities, and users of Coinbase's staking or earn products face distinct terms and regulatory exposure that may differ materially from the base agreement.