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Does Coinbase ask for social security number during the sign-up process?

avatarContreras LoweryDec 25, 2021 · 3 years ago4 answers

I'm considering signing up for Coinbase, but I'm concerned about the security of my personal information. Can anyone confirm if Coinbase requires users to provide their social security number during the sign-up process?

Does Coinbase ask for social security number during the sign-up process?

4 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, Coinbase does ask for your social security number during the sign-up process. This is to comply with KYC (Know Your Customer) regulations and to ensure the security of the platform. Your personal information is encrypted and stored securely.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Coinbase is a regulated exchange and is required to collect certain personal information, including your social security number, to verify your identity and prevent fraud. Rest assured that Coinbase takes privacy and security seriously.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can confirm that Coinbase does ask for your social security number during the sign-up process. This is a standard practice in the cryptocurrency industry to comply with regulatory requirements and prevent illegal activities. Your information is protected using advanced encryption algorithms.
  • avatarDec 25, 2021 · 3 years ago
    Yes, Coinbase does require users to provide their social security number during the sign-up process. This is to ensure the safety and security of the platform and to prevent unauthorized access to your account. Your personal information is treated with utmost confidentiality and is not shared with any third parties.