What are the requirements for obtaining licenses to trade cryptocurrencies on Coinbase?
![avatar](https://download.bydfi.com/api-pic/images/avatars/F0zrs.jpg)
What are the specific requirements that need to be met in order to obtain licenses for trading cryptocurrencies on Coinbase?
![What are the requirements for obtaining licenses to trade cryptocurrencies on Coinbase?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/46/772e932fc3c96327345247a292812390951344.jpg)
3 answers
- To obtain licenses for trading cryptocurrencies on Coinbase, you need to meet certain requirements. First and foremost, you must be at least 18 years old and have a valid government-issued ID. Coinbase also requires you to provide your full name, address, and date of birth. Additionally, you may need to provide proof of residency, such as a utility bill or bank statement. It's important to note that Coinbase has different requirements for individuals and businesses, so make sure to check their website for the specific details.
Dec 19, 2021 · 3 years ago
- Getting licensed to trade cryptocurrencies on Coinbase is not as complicated as it may seem. All you need is to be of legal age and have a valid ID. Coinbase wants to ensure that its users are who they say they are, so they require you to provide some personal information, such as your name, address, and date of birth. They may also ask for proof of residency. Once you've provided all the necessary information and passed their verification process, you'll be ready to start trading on Coinbase.
Dec 19, 2021 · 3 years ago
- When it comes to obtaining licenses for trading cryptocurrencies on Coinbase, the process is quite straightforward. Coinbase is a regulated exchange, which means they have to comply with certain legal requirements. As an individual trader, you'll need to provide your personal information, such as your name, address, and date of birth. You may also need to provide proof of residency. For businesses, additional documentation may be required, such as proof of incorporation and information about the company's beneficial owners. It's always a good idea to review Coinbase's website for the most up-to-date information on their licensing requirements.
Dec 19, 2021 · 3 years ago
Related Tags
Hot Questions
- 88
Are there any special tax rules for crypto investors?
- 80
How does cryptocurrency affect my tax return?
- 69
How can I minimize my tax liability when dealing with cryptocurrencies?
- 69
What are the advantages of using cryptocurrency for online transactions?
- 58
What is the future of blockchain technology?
- 50
How can I buy Bitcoin with a credit card?
- 47
How can I protect my digital assets from hackers?
- 46
What are the best digital currencies to invest in right now?