I don't think it's affecting you at all because they aren't going to close your account if you have a balance there. Have you received the same email or not? If you have a balance, you are not supposed to receive mail from them as they stated that they are only closing the inactive accounts which don't have a balance.
I receive an email from them and yes I'm an inactive user but I still have some coins in their wallet I think even if you have a balance there if you are an inactive user you will receive this email. Look at this email that I receive from them.
Hello,
We’re reaching out to inform you that your access to Coinbase.com and the Coinbase app will be limited to only sending funds starting on 09 April 2023, as we’re disabling access for accounts that no longer meet our updated standards for these services.
Your funds remain secure with us, and you’ll be able to send funds to other crypto wallets or services (subject to standard network and transaction fees), including Coinbase Wallet.
Coinbase Wallet is our self-custody wallet, giving you complete control of your crypto. Coinbase Wallet supports hundreds of thousands of tokens and decentralized apps, so you can trade crypto, collect NFTs, and much more.
Please visit the Coinbase Wallet Help Center to learn more about creating and managing a Coinbase Wallet.
Thank you for your understanding.
Regards,
The Coinbase Team
I also receive a new email today here's the content.
Hello,
This is regarding your account linked to
[email protected].
As previously communicated, access to Coinbase.com and the Coinbase app will now be limited to only sending funds.
Your funds remain secure with us, and you’ll be able to send funds to other crypto wallets or services (subject to standard network and transaction fees), including Coinbase Wallet.
Coinbase Wallet is our self-custody wallet, giving you complete control of your crypto. Coinbase Wallet supports hundreds of thousands of tokens and decentralized apps, so you can trade crypto, collect NFTs, and much more.
We may be able to open up more Coinbase services to you again in the future. We will reach out to you with next steps regarding your account in the coming months.
Thank you for your understanding.
Regards,
The Coinbase Team
As you can see they do allow us to send our funds out from their wallet but the problem is they didn't mention if it requires KYC because when I tried to withdraw some coins from their wallet before they ask for KYC before you can able to withdraw BTC.