Questions tagged [ssn]

HanjiArtist Fri Oct 11 2024 | 5 answers 1134

I'm considering using Binance for crypto trading, but I'm concerned about the safety of providing my Social Security Number. Is it SAFE to give my SSN to Binance?

Rosalia Fri Oct 11 2024 | 6 answers 985

I'm considering using Coinbase for cryptocurrency transactions, but I'm concerned about the safety of providing my Social Security Number. Is it SAFE to give Coinbase my SSN?

LucyStone Fri Oct 11 2024 | 7 answers 1526

I'm considering using ID.me for verifying my identity online, but I'm concerned about the safety of providing my Social Security Number. Is it SAFE to give my SSN to ID.me?

Federico Thu Oct 10 2024 | 5 answers 1270

I'm wondering why cryptocurrency platforms require my Social Security Number. Isn't cryptocurrency supposed to be anonymous? I'm concerned about privacy and security.

SeoulSerenitySeekerPeace Wed Oct 09 2024 | 0 answers 0

Trading cryptocurrency in the US without a Social Security Number (SSN) can be challenging due to the regulations and requirements set by financial institutions and exchanges. However, it's not impossible. Here are a few options to consider, but please note that this is not professional advice, and you should always consult with a financial advisor or tax professional before making any decisions. One way to trade crypto in the US without an SSN is to use a peer-to-peer exchange, where you can buy and sell cryptocurrency directly with other individuals. These platforms often don't require verification of your SSN, but they may still require other forms of identification, such as a government-issued ID or passport. Another option is to use a decentralized exchange (DEX). DEXs allow you to trade cryptocurrency without going through a centralized intermediary, and they typically don't require KYC (Know Your Customer) verification, which includes SSN verification. However, it's important to note that DEXs can be more complex to use and may have higher fees than centralized exchanges. Finally, you could also consider using a cryptocurrency wallet that supports peer-to-peer transactions. Some wallets allow you to buy and sell cryptocurrency directly from other users without going through an exchange, and they may not require SSN verification. However, it's important to be cautious when using these platforms, as they may not have the same level of security and protection as centralized exchanges. Remember, while it may be possible to trade cryptocurrency in the US without an SSN, it's important to understand the potential risks and limitations associated with these options. Always do your research, use reputable platforms, and consult with a financial advisor or tax professional before making any decisions.