How to Close, Delete or Deactivate your Quidax Account Easily

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Closing your Quidax account often don’t take long. The process shouldn’t exceed 24 hours. If you’re determined to close, delete or deactivate your Quidax account easily, the guidelines provided here is all you need to follow and you’re all done.

In this article, you will get to know How to Close, Delete or Deactivate your OctaFx Account Easily likewise answers to some helpful frequently asked questions. Let’s delve in right away.

What is Quidax?

Quidax is a digital currency exchange platform that allows users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and others. 

It was founded in 2017 and is based in the United Kingdom. 

Quidax has an easy to use platform, competitive fees, and a wide range of cryptocurrencies, making it an attractive option for both novice and experienced traders.

How does Quidax work?

Quidax operates as an online platform where users can deposit funds (in fiat currencies such as USD, EUR, GBP, and NGN) or cryptocurrencies and then trade them for other cryptocurrencies or withdraw them to their wallets. 

The platform uses a secure and encrypted environment to protect users’ personal and financial information. 

Quidax also employs a KYC (Know Your Customer) process to verify user identities and comply with anti-money laundering regulations.

Is Quidax legal?

Quidax is a legal and licensed cryptocurrency exchange platform. 

It is registered as a Money Services Business (MSB) with the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and is regulated by the UK’s Financial Conduct Authority (FCA).

Users should, however, be aware that the legality of using cryptocurrencies could depend on jurisdiction and should consult their local laws and regulations before engaging in any cryptocurrency-related activities.

Why do users choose to close their Quidax account?

There could be several reasons why users may decide to close their Quidax account, including:

Regulatory changes: Users may choose to close their accounts due to changes in local regulations or if Quidax is no longer permitted to operate in their jurisdiction.

Read: How To Close, Delete, Or Deactivate Your Easybuy Account Easily

Security concerns: Users may feel that their personal and financial information is at risk and decide to close their accounts for security reasons.

Dissatisfaction with platform features: Users may be unhappy with Quidax’s trading fees, customer support, or other platform features and decide to close their accounts.

Shift to another exchange: Users may find another cryptocurrency exchange that better suits their needs and preferences, leading them to close their Quidax account.

Must know before closing Quidax account

Before closing a Quidax account, users should consider the following:

Withdraw any funds: Users should withdraw any remaining funds from their Quidax account to their external wallets or bank accounts before closing the account.

Cancel any pending orders: Users should cancel any open orders or pending transactions to avoid incurring additional fees or losing funds.

Contact customer support: Users should reach out to Quidax’s customer support team to inform them of their decision to close the account and to request any necessary documentation or assistance.

How to Close, Delete or Deactivate your Quidax Account Easily
How to Close, Delete or Deactivate your Quidax Account Easily

How to Close, Delete or Deactivate your Quidax Account Easily 

Ready to close, delete or deactivate your Quidax account? If yes, kindly delve in right now.

Log in to their Quidax account: As a user, log in to your Quidax account using your email address and password.

Contact customer support: After logged in, kindly locate the quidax customer care details, reach out to Quidax’s customer support team via email or by calling the customer care center.

Request account deletion: Once you have choosen a contact option, you should get started by informing the customer support representative that you would like to close, delete, or deactivate your Quidax account. 

The representative will likely ask for some identification and may request additional documentation to verify the your identity.

Follow instructions: Once the request is approved, the customer support representative will provide you with instructions on how to complete the account closure process. 

This may include withdrawing any remaining funds, canceling pending orders, or providing necessary documentation.

If you follow the guidelines, your Quidax account should be successfully closed within the period of 24 hours.

FAQ On How To Close, Delete Or Deactivate Your Quidax Account

The following are some helpful frequently asked questions on How To Close, Delete Or Deactivate Your Quidax Account with answers:

How do I close my Quidax account?

To close your Quidax account, you should first contact their customer care for assistance. 

Quidax customer care can be reached through their website’s live chat feature or by sending an email to

Once you have contacted customer care, they will guide you through the account closure process.

Why is my Quidax account locked?

Your Quidax account may be locked due to several reasons, such as suspicious activity, multiple failed login attempts, or security concerns. 

In such cases, Quidax takes necessary measures to protect their users and their funds. 

To unlock your account, you will need to contact their customer care support, who will assist you in verifying your identity and resolving the issue.

Can I have two Quidax accounts?

Quidax’s terms and conditions explicitly state that users are not allowed to have multiple accounts. 

Creating or using multiple accounts is considered a violation of their policies and may result in account termination.

If you need assistance, contact Quidax customer care for guidance on managing your existing account.

Can I withdraw money from Quidax to my bank account?

Yes, you can withdraw money from Quidax to your bank account. To do this, follow these steps:

  1. Log in to your Quidax account.
  2. Go to the “Wallets” section.
  3. Select the currency you want to withdraw.
  4. Enter the amount you wish to withdraw.
  5. Choose your preferred withdrawal method, which is likely to be a bank transfer.
  6. Provide the necessary bank account details, such as the account number, bank name, and bank code.
  7. Confirm the withdrawal details and submit your request.

How much does it cost to withdraw money from Quidax?

Quidax withdrawal fees depend on the cryptocurrency or currency you are withdrawing.

For example, withdrawing Nigerian Naira (NGN) may have a small fee, while withdrawing cryptocurrencies may have network fees.

To find the exact withdrawal fees for your chosen currency, visit the Quidax website and check their fee schedule.

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