Are CPN numbers legal for cryptocurrency transactions?

3 answers

• Dec 18, 2021 · 3 years ago
  Using CPN numbers for cryptocurrency transactions is not recommended. CPN numbers, or Credit Profile Numbers, are often associated with identity theft and fraudulent activities. Cryptocurrency transactions require a high level of security and transparency, and using CPN numbers can raise red flags and lead to legal consequences. It is best to use your own legitimate identification when engaging in cryptocurrency transactions to ensure compliance with regulations and protect your assets.
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• Dec 18, 2021 · 3 years ago
  No, CPN numbers are not legal for cryptocurrency transactions. CPN numbers are typically used for credit repair purposes and are not recognized as valid identification for financial transactions. Using CPN numbers for cryptocurrency transactions can result in account suspension or even legal action. It is important to use legitimate identification and comply with the regulations set by the cryptocurrency exchange or platform you are using.
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• Dec 18, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that CPN numbers are not accepted for cryptocurrency transactions on our platform. We prioritize the security and compliance of our users' transactions, and using CPN numbers is against our policy. It is important to use legitimate identification and comply with the regulations set by the cryptocurrency exchange or platform you are using to ensure the safety of your transactions and assets.
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