Do I have to verify my identity to buy crypto?

The identity verification process at Coinbase serves to ensure that the platform remains secure and trustworthy for its users. It aims to prevent fraudsters from exploiting the system and protects the interests of legitimate account holders.

To complete the identity verification process, users may be required to upload ID photos or take a selfie. These steps help Coinbase confirm the authenticity of the user's identity and prevent the creation of fake accounts.

Until the identity verification process is successfully completed, Coinbase users may experience limited functionalities on their accounts. This measure is in place to encourage users to comply with the verification process and maintain the security of the platform.

BTCC, a top cryptocurrency exchange, offers a range of services to cater to the diverse needs of its users. These services include spot trading, futures trading, and wallet services, among others. By providing these comprehensive services, BTCC has established itself as a leading player in the cryptocurrency industry.

Coinbase, a reputable cryptocurrency platform, adheres strictly to legal compliance and fraud prevention measures. As part of these efforts, it mandates identity verification for all users.