What are the benefits of Coinbase accepting ITIN numbers for cryptocurrency transactions?

3 answers

• Dec 16, 2021 · 3 years ago
  Accepting ITIN numbers for cryptocurrency transactions allows Coinbase to expand its customer base to include individuals who may not have a Social Security Number (SSN) but still want to participate in the cryptocurrency market. This opens up new opportunities for Coinbase to attract a wider range of customers and increase its user base. Additionally, accepting ITIN numbers can help Coinbase comply with regulatory requirements and ensure a more secure and transparent transaction process.
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• Dec 16, 2021 · 3 years ago
  By accepting ITIN numbers, Coinbase can provide a more inclusive platform for individuals who are not eligible for a Social Security Number (SSN) but still want to engage in cryptocurrency transactions. This move demonstrates Coinbase's commitment to accessibility and allows them to tap into a previously untapped market. It also aligns with Coinbase's mission to make cryptocurrency accessible to everyone, regardless of their background or legal status.
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• Dec 16, 2021 · 3 years ago
  Accepting ITIN numbers for cryptocurrency transactions is a smart move for Coinbase. It allows them to cater to a broader audience and attract users who may not have a Social Security Number (SSN) but still want to invest in cryptocurrencies. This decision shows Coinbase's dedication to inclusivity and positions them as a leader in the industry. By embracing ITIN numbers, Coinbase is setting a positive example for other exchanges and paving the way for a more inclusive and diverse cryptocurrency ecosystem.
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