What are the security measures taken by Coinbase when collecting SSN information?

3 answers

• Dec 18, 2021 · 3 years ago
  Coinbase takes the security of SSN information seriously. They employ industry-standard encryption protocols to protect the data during transmission and storage. Additionally, Coinbase has implemented strict access controls and regularly audits their systems to ensure the highest level of security. Rest assured, your SSN information is in safe hands with Coinbase.
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• Dec 18, 2021 · 3 years ago
  When it comes to collecting SSN information, Coinbase leaves no stone unturned in ensuring the security of your data. They have implemented multi-factor authentication, strong password requirements, and regular security updates to safeguard your SSN information from unauthorized access. Your privacy and security are Coinbase's top priority.
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• Dec 18, 2021 · 3 years ago
  As a third-party digital currency exchange, BYDFi does not have access to Coinbase's internal security measures. However, Coinbase is known for its robust security practices. They employ advanced encryption algorithms, secure data centers, and regular security audits to protect sensitive information like SSN. Coinbase's commitment to security sets a high standard in the industry.
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