Cryptocurrency Q&A Why does Moonpay need SSN?

Why does Moonpay need SSN?

CryptoBaron CryptoBaron Wed Dec 18 2024 | 6 answers 1665
I'm trying to understand why Moonpay, a cryptocurrency payment processor, would require my Social Security Number (SSN). Is it for verification purposes or something else? I'm concerned about privacy and security. Why does Moonpay need SSN?

6 answers

Davide Davide Fri Dec 20 2024
For U.S. users, one of the pieces of information you might be asked to provide is your social security number.

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KpopStarletShineBrightness KpopStarletShineBrightness Fri Dec 20 2024
Besides the social security number, you may also need to submit a photo ID.

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Martino Martino Fri Dec 20 2024
Taking a selfie is another potential requirement for identity verification.

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KatieAnderson KatieAnderson Fri Dec 20 2024
Identity Verification is an essential step in the process.

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KimonoSerenity KimonoSerenity Fri Dec 20 2024
If there are difficulties in confirming your identity, you may receive a request for more details.

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