I am wondering why an ID is required for
Bitcoin transactions. Is it for security purposes or to comply with regulations? I would like to understand the reason behind this requirement.
7 answers
DigitalDynasty
Tue Dec 24 2024
With verification, you maintain exclusive control over your funds.
SamuraiCourageous
Tue Dec 24 2024
Identity verification plays a vital role in safeguarding against fraud.
Valentino
Tue Dec 24 2024
It ensures the security of your payment information.
Valentino
Tue Dec 24 2024
Undergoing the verification process grants peace of mind.
SejongWisdom
Mon Dec 23 2024
This process is essential for protecting your financial transactions.