Cryptocurrency Q&A Why does Coinbase need SSN?

Why does Coinbase need SSN?

Maria Maria Tue Nov 26 2024 | 5 answers 546
I'm wondering why Coinbase requires my Social Security Number. Is it for verification purposes or something else? I'd like to understand the reason behind this request before providing such sensitive information. Why does Coinbase need SSN?

5 answers

Caterina Caterina Thu Nov 28 2024
This measure is crucial in ensuring the security and integrity of the Coinbase ecosystem.

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KimchiQueenCharmingKiss KimchiQueenCharmingKiss Thu Nov 28 2024
If you receive an email from Coinbase prompting you to update your account information, it is imperative to adhere to the instructions outlined in the email.

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Paolo Paolo Thu Nov 28 2024
Coinbase mandates identity verification procedures for the purposes of adhering to legal requirements and mitigating fraud risks.

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IncheonBlues IncheonBlues Thu Nov 28 2024
Compliance with these requests is vital for maintaining the status of your account and ensuring uninterrupted access to all features.

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KatanaGlory KatanaGlory Thu Nov 28 2024
Until your account undergoes and successfully completes the verification process, you will only be able to access limited functionalities on the platform.

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