Cryptocurrency Q&A
What is Coinbase identity verification?
What is Coinbase identity verification?
Giovanni
Mon Nov 18 2024
|
7 answers
1370
I'm trying to understand what Coinbase identity verification is. I've heard about it in the context of cryptocurrency transactions, but I'm not sure exactly what it entails or why it's necessary.
7 answers
ethan_thompson_psychologist
Wed Nov 20 2024
The multi-step nature of KYC helps prevent the creation of fraudulent accounts.
Was this helpful?
64
68
CherryBlossomDance
Wed Nov 20 2024
Coinbase employs Identity Verification to ensure compliance with KYC regulations.
Was this helpful?
283
59
lucas_jackson_pilot
Wed Nov 20 2024
KYC stands for Know Your Customer, a method to authenticate a customer's identity.
Was this helpful?
270
85
Matteo
Wed Nov 20 2024
This process involves verifying that a customer is indeed who they claim to be.
Was this helpful?
222
68
KimonoGlitter
Wed Nov 20 2024
It's a comprehensive approach that includes several steps to maintain security.
Was this helpful?
104
66
Load 5 more related questions
