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There is no seller account, so it's not affect when updating email address
Your login email id (or mobile number) changes, likewise. You'll receive all your account-related communication on your updated email address (or mobile number).
Updating your email address (or mobile number) doesn't invalidate your account. Your account remains fully functional. You'll continue seeing your Order history, saved information and personal details.
It happens as soon as you confirm the verification code sent to your email (or mobile) and save the changes.