Option on profile to delete account

Is it possible to add an option to the user profile so a user can delete their own account?

I've seen this old topic about it, but after that there seems to be very little about it:

We have a topic where users can request the deletion of their account, which works for now but it's not very efficient. If users have a button on their own profile to do it themselves (with a verification to avoid misuse) it would streamline the process.