Does Coinbase require a bank account?

When using Coinbase, it is crucial to ensure that your bank account is registered under your legal name. This is a fundamental requirement for maintaining the integrity and security of your transactions. Any deviation from this rule can lead to complications and even the suspension of your account.

It is imperative to ensure that the name on your Coinbase account matches the name on your bank account exactly. Any discrepancies in the names can hinder the smooth flow of funds and cause delays or rejections during transactions.

Coinbase strictly prohibits the use of accounts that are not owned by the individual conducting the transaction. This policy is in place to protect users from fraud and ensure that all transactions are legitimate and authorized.

As part of the verification process, Coinbase will require you to confirm that you are the rightful owner of the bank account associated with your selected payment method. This step is crucial for ensuring the safety and security of your funds.

By adhering to these guidelines, you can ensure that your Coinbase experience is smooth and hassle-free. Remember, Coinbase is committed to providing a secure and trustworthy platform for buying, selling, and storing digital currencies.