Maria
Mon Sep 09 2024
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6 answers
1751
Why is MoonPay asking for my SSN?
Hello there, I'm curious about something. Why exactly is MoonPay requesting my Social Security Number (SSN)? As someone who's cautious about sharing personal information online, I'm wondering if this is a standard practice in the cryptocurrency and finance industry. Could you please elaborate on the purpose behind collecting this information, and what measures MoonPay takes to ensure the safety and security of such sensitive data? Thank you for your time and consideration.
CryptoWanderer
Tue Sep 03 2024
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7 answers
1259
Why does bitcoin ask for SSN?
Excuse me, could you please clarify why Bitcoin or any cryptocurrency platform might request a Social Security Number (SSN) from its users? I'm aware that cryptocurrency transactions are typically decentralized and anonymous, so the need for personal identification like an SSN seems unusual. Is this a standard practice for all platforms, or is it specific to certain exchanges or services? Additionally, are there any privacy concerns or risks associated with sharing this information? I'd appreciate any insights you can provide on this matter.
