What information does Coinbase ask for during the KYC process?
Samarth PandhareDec 27, 2021 · 3 years ago3 answers
During the KYC process on Coinbase, what specific information do they require from users?
3 answers
- Dec 27, 2021 · 3 years agoCoinbase requires users to provide personal information such as their full name, date of birth, address, and social security number. This is to comply with Know Your Customer (KYC) regulations and prevent fraud and money laundering. The information is securely stored and used for identity verification purposes.
- Dec 27, 2021 · 3 years agoWhen going through the KYC process on Coinbase, you will be asked to provide your government-issued identification, such as a passport or driver's license. Additionally, you may need to provide proof of address, such as a utility bill or bank statement. Coinbase takes privacy and security seriously, so you can trust that your information will be handled with care.
- Dec 27, 2021 · 3 years agoDuring the KYC process on Coinbase, users are required to provide personal information including their full name, address, date of birth, and social security number. This information is necessary to verify the identity of users and ensure compliance with regulatory requirements. Coinbase prioritizes the security and privacy of its users, and all information provided is encrypted and stored securely.
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