Are there any alternatives to providing a social security number on Coinbase?

3 answers

• Copeland VellingJan 30, 2021 · 5 years ago
  Unfortunately, Coinbase requires users to provide their social security number for identity verification purposes. This is a standard practice in the cryptocurrency industry to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. However, Coinbase takes privacy and security seriously, and your personal information is protected using industry-standard security measures.
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• Rohit MandalJan 02, 2021 · 5 years ago
  While Coinbase does require a social security number for identity verification, there are alternative methods available for users who are unable or unwilling to provide this information. One option is to use a different cryptocurrency exchange that may have different verification requirements. It's important to research and choose a reputable exchange that aligns with your privacy preferences.
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• Berto_BatumbakalJan 11, 2025 · a year ago
  At BYDFi, we understand that some users may have concerns about providing their social security number. We prioritize user privacy and offer alternative methods for identity verification. Our platform allows users to verify their identity using a government-issued ID card or passport, without the need for a social security number. This provides users with more flexibility and options when it comes to protecting their personal information.
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