Is it possible to use Google wallet for cryptocurrency transactions without disclosing my SSN?
Jenilyn BalomaDec 18, 2021 · 3 years ago3 answers
Can I use Google wallet to make cryptocurrency transactions without revealing my Social Security Number (SSN)?
3 answers
- Dec 18, 2021 · 3 years agoUnfortunately, Google wallet does not currently support cryptocurrency transactions. It is primarily designed for online purchases and peer-to-peer payments. If you want to engage in cryptocurrency transactions, you will need to use a dedicated cryptocurrency wallet or a cryptocurrency exchange platform. These platforms usually require some form of identity verification, including the provision of your SSN, to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
- Dec 18, 2021 · 3 years agoNo, Google wallet is not suitable for cryptocurrency transactions. Google wallet is a digital payment service that allows users to make purchases and send money to others. However, it does not support the storage or transfer of cryptocurrencies. To engage in cryptocurrency transactions, you will need to use a specialized cryptocurrency wallet or a cryptocurrency exchange platform that supports the specific cryptocurrencies you want to trade.
- Dec 18, 2021 · 3 years agoAs an expert in the field, I can confirm that Google wallet does not offer support for cryptocurrency transactions. If you are looking to buy, sell, or trade cryptocurrencies, you will need to use a dedicated cryptocurrency wallet or a cryptocurrency exchange platform. These platforms have built-in security measures and allow you to store, transfer, and trade various cryptocurrencies without the need to disclose your SSN. However, it's important to note that some platforms may require identity verification for certain transaction limits or regulatory compliance purposes.
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