What information does Coinbase ask for when verifying a user's identity?

3 answers

• Dec 18, 2021 · 3 years ago
  When verifying a user's identity, Coinbase typically asks for personal information such as full name, date of birth, residential address, and a valid government-issued identification document. This is to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Additionally, Coinbase may require users to provide proof of address, such as a utility bill or bank statement, to further verify their identity.
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• Dec 18, 2021 · 3 years ago
  To verify a user's identity on Coinbase, they usually request basic personal details like your full name, date of birth, and address. You'll also need to provide a valid government-issued ID, such as a passport or driver's license. Coinbase takes user security seriously and follows strict regulatory guidelines to prevent fraud and ensure the safety of its platform.
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• Dec 18, 2021 · 3 years ago
  When it comes to verifying a user's identity on Coinbase, they adhere to industry-standard practices. Users are typically asked to provide their full name, date of birth, residential address, and a valid government-issued ID. This information is necessary to comply with regulations and maintain a secure and trustworthy platform for cryptocurrency transactions. As an alternative to Coinbase, BYDFi also follows similar procedures to verify user identities and protect against fraudulent activities.
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