Cryptocurrency Q&A
Does Kraken ask for your SSN?
Does Kraken ask for your SSN?
KpopHarmonySoulMate
Fri Sep 06 2024
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7 answers
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Hello there, I'm curious about the privacy measures implemented by Kraken, a renowned cryptocurrency exchange. Specifically, I'm wondering if they request users to provide their Social Security Number (SSN) during the account setup process or at any point thereafter. Could you please clarify Kraken's policy on collecting and storing such sensitive personal information? It's important for me to understand the level of security and privacy I can expect when using their platform. Thank you in advance for your insights.
7 answers
KpopMelody
Sun Sep 08 2024
For US clients, it is essential to possess a valid Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN) in order to proceed with account verification on cryptocurrency platforms. This requirement ensures compliance with tax regulations and aids in preventing fraudulent activities.
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MountFujiMysticalView
Sun Sep 08 2024
To initiate the verification process on Kraken, clients must first log into their accounts. Upon successful login, they should locate their name displayed in the upper-right corner of the webpage.
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SakuraSmile
Sun Sep 08 2024
Clicking on the name in the upper-right corner reveals a menu of options, one of which is "Get Verified." This option is crucial for US clients who wish to upload the necessary documents to complete their account verification.
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CryptoPioneer
Sun Sep 08 2024
Selecting "Get Verified" directs users to a new page where they can upload their documents securely. The platform provides clear instructions and guidelines to ensure a smooth and efficient verification process.
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CryptoAce
Sat Sep 07 2024
Among the top cryptocurrency exchanges globally, BTCC stands out for its comprehensive range of services. The platform offers a diverse portfolio of trading options, including spot and futures trading, catering to the diverse needs of its users.
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