Cryptocurrency Q&A Are Coinbase accounts anonymous?

Are Coinbase accounts anonymous?

CharmedSun CharmedSun Mon Dec 02 2024 | 5 answers 621
I'm wondering if Coinbase accounts are anonymous. I want to know if I can use the platform without having to disclose my personal identity. Are Coinbase accounts anonymous?

5 answers

Raffaele Raffaele Wed Dec 04 2024
Cryptocurrencies are often perceived as a means of conducting anonymous trade.

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ShintoBlessed ShintoBlessed Wed Dec 04 2024
However, this is not the case with Coinbase, a popular cryptocurrency exchange.

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Valeria Valeria Wed Dec 04 2024
Coinbase mandates that all registered users provide their taxpayer identification information.

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KDramaLegendaryStarlight KDramaLegendaryStarlight Wed Dec 04 2024
This requirement ensures that transactions conducted on the platform are not anonymous.

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Dreamchaser Dreamchaser Tue Dec 03 2024
Instead, these transactions are reported to the Internal Revenue Service (IRS) for tax purposes.

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