Carlo
Sun Jul 14 2024
|
5 answers
1348
Do crypto exchanges ask for ID?
As a keen observer of the cryptocurrency landscape, I'm curious about the security measures implemented by crypto exchanges. Given the anonymous nature of cryptocurrencies, I'm wondering: Do crypto exchanges typically ask for identification (ID) from their users? This practice, if implemented, could potentially increase the security of transactions and help prevent fraud. However, it also raises questions about privacy and data protection. So, how do crypto exchanges balance these considerations, and what are the specific ID requirements, if any, that they enforce?
