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Why is Coinbase denying my ID verification for cryptocurrency transactions?

avatarb_mNov 29, 2021 · 3 years ago1 answers

I tried to verify my ID on Coinbase for cryptocurrency transactions, but it keeps getting denied. Why is Coinbase denying my ID verification? What could be the reasons behind this?

Why is Coinbase denying my ID verification for cryptocurrency transactions?
Coinbase
ID Verification
Cryptocurrency Transactions

1 answers

  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we understand that Coinbase denying your ID verification can be frustrating. There are a few common reasons why this may happen. Firstly, Coinbase has strict KYC (Know Your Customer) requirements to comply with regulations and prevent illegal activities. If your ID verification doesn't meet their criteria, it may be denied. Secondly, Coinbase may be experiencing a high volume of verification requests, leading to delays or denials. Lastly, there could be technical issues on their platform that are causing the problem. We recommend reaching out to Coinbase support for assistance and clarification on why your ID verification is being denied. They will be able to guide you through the process and help resolve any issues you're facing.

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