Are there any alternatives to verifying Coinbase without providing my SSN?
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I'm hesitant to provide my Social Security Number (SSN) when verifying my Coinbase account. Are there any alternative methods to verify my account without providing my SSN?
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3 answers
- I totally understand your concern about providing your SSN. Unfortunately, Coinbase requires SSN verification as part of their KYC (Know Your Customer) process. This is to ensure compliance with anti-money laundering (AML) regulations and prevent fraud. If you're uncomfortable with providing your SSN, you may want to consider using alternative cryptocurrency exchanges that have less stringent verification requirements.
Dec 18, 2021 · 3 years ago
- Yeah, I get it. Giving out your SSN can be nerve-wracking. But Coinbase is a reputable exchange and they have strict security measures in place to protect your personal information. If you're still not comfortable, you can try using a peer-to-peer exchange like LocalBitcoins or Bisq. These platforms allow you to buy and sell Bitcoin without going through a centralized exchange that requires SSN verification.
Dec 18, 2021 · 3 years ago
- At BYDFi, we understand the concerns about privacy and security. That's why we offer an alternative approach to account verification. Instead of providing your SSN, you can verify your account by providing a government-issued ID and a proof of address. This way, you can enjoy the benefits of trading cryptocurrencies without compromising your personal information. Give BYDFi a try and experience a more secure and privacy-focused trading platform.
Dec 18, 2021 · 3 years ago
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