Is it safe to provide Coinbase with the last 4 digits of my SSN?

I'm considering providing Coinbase with the last 4 digits of my Social Security Number (SSN) for verification purposes. However, I'm concerned about the safety of sharing this sensitive information. Can anyone provide insights into the safety of providing Coinbase with the last 4 digits of my SSN?

3 answers
- As an expert in the field, I would advise against sharing your SSN, even if it's just the last 4 digits. While Coinbase is a reputable cryptocurrency exchange, it's always better to err on the side of caution when it comes to sensitive information like your SSN. There have been instances of data breaches in the past, and it's best to minimize the exposure of your personal information as much as possible.
Mar 06, 2022 · 3 years ago
- Well, let's be real here. Sharing the last 4 digits of your SSN with Coinbase is generally considered safe. Coinbase has implemented robust security measures to protect user data, and they comply with regulatory requirements. However, it's important to remember that no system is completely foolproof. If you're uncomfortable sharing any part of your SSN, it's always your choice to refrain from doing so.
Mar 06, 2022 · 3 years ago
- At BYDFi, we understand the concerns surrounding the sharing of personal information. While providing the last 4 digits of your SSN to Coinbase is generally considered safe, it's important to evaluate the risks and benefits for yourself. If you're unsure, you can always reach out to Coinbase's customer support for more information and reassurance.
Mar 06, 2022 · 3 years ago
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