To the maximum extent permitted by law, Coinbase, its affiliates, and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers or contractors will not be liable for: any lost profits, diminution in value or business opportunity, any loss, damage, corruption or breach of data or any other intangible property, any damages related to your access to, use of, or alleged inability to access or use the Coinbase Services. In no event will Coinbase's aggregate liability exceed $100.
A $100 liability cap on a platform where users may hold tens of thousands of dollars in cryptocurrency is extraordinarily low and means Coinbase bears almost no financial responsibility for losses you suffer due to their errors, outages, or security failures.
Coinbase's User Agreement gives the company broad unilateral powers to suspend accounts, freeze funds, and reverse transactions with limited notice, directly affecting your access to your money and cryptocurrency. In the event of Coinbase's insolvency, cryptocurrency held in your Coinbase account may be treated as Coinbase's property under bankruptcy law, leaving you as an unsecured creditor rather than the outright owner of your assets. You can withdraw your cryptocurrency to a self-custodied hardware or software wallet to avoid platform insolvency risk, and you can opt out of mandatory arbitration by sending written notice to Coinbase within 30 days of first accepting the agreement.