Cryptocurrency Q&A
Can I use Coinbase wallet without KYC?
Can I use Coinbase wallet without KYC?
KatanaGlory
Tue Oct 08 2024
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5 answers
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I'm curious about the use of Coinbase wallet without undergoing Know Your Customer (KYC) verification. Is it possible to use the Coinbase wallet without completing the KYC process? If so, what are the limitations or restrictions I might face? Additionally, are there any security concerns or risks associated with using the Coinbase wallet without KYC? I'd appreciate any insights or clarifications on this matter.
5 answers
Valentino
Thu Oct 10 2024
Coinbase, a renowned cryptocurrency platform, adheres to stringent regulations for ensuring legal compliance and safeguarding users against fraud.
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MichaelSmith
Wed Oct 09 2024
As part of its efforts, Coinbase mandates identity verification for all users. This verification process is critical for maintaining a secure and trustworthy environment within the platform.
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Michele
Wed Oct 09 2024
During the identity verification process, users may be required to submit personal documents, such as ID photos. These documents serve as proof of identity, helping Coinbase confirm the authenticity of each user's account.
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BlockchainVisionary
Wed Oct 09 2024
In addition to uploading ID photos, some users may also need to take a selfie for verification purposes. This step ensures that the individual submitting the documents matches the identity claimed.
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GyeongjuGloryDays
Wed Oct 09 2024
Until the identity verification process is successfully completed, Coinbase accounts are subject to limited functionalities. This measure is in place to prevent unauthorized access and protect the interests of both users and the platform.
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