You and Coinbase agree to resolve any claims relating to these Terms or our Services through final and binding arbitration on an individual basis, except as set forth under Exceptions to Agreement to Arbitrate below. This includes disputes arising out of or relating to interpretation or application of this 'Mandatory Arbitration Provisions' section, including its enforceability, revocability, or validity. You and Coinbase waive any right to a jury trial. You and Coinbase waive any right to participate in a class action lawsuit or class-wide arbitration.
This clause strips you of your right to sue Coinbase in court and prevents you from joining other harmed customers in a class action — the primary mechanism through which consumers hold large companies accountable for widespread harms.
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.