This analysis describes what Coinbase's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes the procedural mechanism by which Coinbase modifies its contractual obligations and user obligations. It allocates to Coinbase the unilateral authority to revise agreement terms while conditioning continued service access on acceptance of those revisions.
The updated terms establish a new arrangement for USDC designated as 'Secured USDC' in connection with the Coinbase One Card. Under the revised language, if you designate USDC in your wallet as Secured USDC, you agree that Coinbase may transfer that amount to a third party designated as the secured party, and you will be restricted from withdrawing or transferring those funds. Additionally, the secured party's instructions to Coinbase regarding those assets take priority over any conflicting instructions you provide. The agreement states that you consent to all such permitted transfers. This arrangement operates independently of amounts owed to Coinbase, meaning Secured USDC will not be debited to satisfy debts you owe to Coinbase.
View change record →The updated terms eliminate language that previously allowed Coinbase to restrict your withdrawals if you designated USDC as Secured USDC and to comply with third-party secured party instructions without your consent. Under the revised agreement, Coinbase will not transfer, loan, or otherwise handle your Supported Digital Assets except as required by law or as you instruct. This means the One Card Secured USDC mechanism is no longer integrated into the core asset protection clause, and users no longer face withdrawal restrictions or loss of instruction authority tied to that designation. If you currently hold Secured USDC under a separate One Card cardholder agreement, that agreement remains in effect but is no longer cross-referenced in the main User Agreement's asset protection section.
View change record →The updated terms establish a new exception to the prior prohibition on transferring user digital assets. Previously, Coinbase stated it would not transfer assets except as required by law or per user instruction. The revised language now permits Coinbase to transfer USDC designated as 'Secured USDC' to third parties pursuant to a Coinbase One Card cardholder agreement. Users who elect to use this feature agree they will be restricted from withdrawing or transferring the secured portion, and they consent to Coinbase following instructions from a designated secured party without further user approval, even if those instructions conflict with the user's own orders to Coinbase. The full terms of this arrangement are stated to be in Appendix 4, which is not included in this summary.
View change record →Users operate under the terms as amended when Coinbase posts or notifies of changes, unless the user affirmatively closes their account in response. The clause establishes that silence or continued platform use following notice constitutes agreement to modified terms.
How other platforms handle this
We may change these Terms at any time, and we'll tell you when we do. Your continued use of the services after the changes take effect will constitute your acceptance of the changes.
Feel free to print and keep a copy of this Privacy Policy, but please understand that we reserve the right to change any of our policies and practices at any time at our sole discretion.
We may change our selling fees from time to time by posting the changes on the eBay site fourteen (14) days in advance, but with no advance notice required for temporary promotions or any changes that result in the reduction of fees.
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"We may amend or modify this Agreement by posting the revised Agreement on the Coinbase website or by notifying you via email. Your continued use of the Coinbase Services after notice of the amendment shall constitute your agreement to the amendment. If you do not agree to the amendment, you may close your Coinbase Account.— Excerpt from Coinbase's Coinbase User Agreement
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This provision establishes the procedural mechanism by which Coinbase modifies its contractual obligations and user obligations. It allocates to Coinbase the unilateral authority to revise agreement terms while conditioning continued service access on acceptance of those revisions.
Users operate under the terms as amended when Coinbase posts or notifies of changes, unless the user affirmatively closes their account in response. The clause establishes that silence or continued platform use following notice constitutes agreement to modified terms.
ConductAtlas has identified this type of provision across 1 platforms. See the full comparison.
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