What kind of personal information is required for level 2 verification on Coinbase?
Schmidt HovmandDec 16, 2021 · 3 years ago3 answers
When upgrading to level 2 verification on Coinbase, what specific personal information do I need to provide?
3 answers
- Dec 16, 2021 · 3 years agoTo upgrade to level 2 verification on Coinbase, you will need to provide your full name, date of birth, residential address, and a valid government-issued identification document such as a passport or driver's license. This information is required to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
- Dec 16, 2021 · 3 years agoWhen you reach level 2 verification on Coinbase, they will ask for your full name, date of birth, residential address, and a government-issued ID. This is to ensure the security and legitimacy of your account. Don't worry, Coinbase takes privacy seriously and uses encryption to protect your personal information.
- Dec 16, 2021 · 3 years agoTo upgrade to level 2 verification on Coinbase, you'll need to provide your full name, date of birth, residential address, and a valid government-issued ID. This is a standard requirement for most reputable cryptocurrency exchanges, including Coinbase. It helps to prevent fraud, money laundering, and other illegal activities. By verifying your identity, Coinbase can provide you with a more secure and trustworthy trading experience.
Related Tags
Hot Questions
- 92
Are there any special tax rules for crypto investors?
- 79
What are the best practices for reporting cryptocurrency on my taxes?
- 74
How does cryptocurrency affect my tax return?
- 71
How can I protect my digital assets from hackers?
- 68
What are the advantages of using cryptocurrency for online transactions?
- 50
How can I minimize my tax liability when dealing with cryptocurrencies?
- 44
What are the best digital currencies to invest in right now?
- 37
What is the future of blockchain technology?