Cryptocurrency Q&A Why do I need my SSN for crypto?

Why do I need my SSN for crypto?

SilenceSolitude SilenceSolitude Mon Dec 23 2024 | 6 answers 1367
I don't understand why my Social Security Number is required for cryptocurrency transactions. Isn't crypto supposed to be anonymous? I'm concerned about the privacy and security risks involved in sharing my SSN. Why do I need my SSN for crypto?

6 answers

EnchantedSeeker EnchantedSeeker Wed Dec 25 2024
Our primary goal is to safeguard the interests of our customers.

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Elena Elena Tue Dec 24 2024
We take stringent measures to prevent any fraudulent activities that may jeopardize the security of our clients' assets.

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Giovanni Giovanni Tue Dec 24 2024
In order to comply with these standards, we require our customers to submit personally identifiable information.

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Dario Dario Tue Dec 24 2024
As part of our commitment to maintaining a secure trading environment, we adhere to AML (Anti-Money Laundering) regulations.

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Pietro Pietro Tue Dec 24 2024
We also strictly enforce KYC (Know Your Customer) policies to ensure the legitimacy of all transactions.

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