Cryptocurrency Q&A Why does Coinbase need my ID?

Why does Coinbase need my ID?

Giulia Giulia Thu Nov 28 2024 | 6 answers 1006
I am trying to understand why Coinbase, a cryptocurrency exchange platform, would require me to provide my personal identification document. I am concerned about the privacy and security implications of sharing such sensitive information. Why does Coinbase need my ID?

6 answers

Riccardo Riccardo Sat Nov 30 2024
This measure is undertaken to ensure legal compliance.

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Ilaria Ilaria Sat Nov 30 2024
Coinbase implements a rigorous identity verification process.

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Lorenzo Lorenzo Fri Nov 29 2024
Among the top cryptocurrency exchanges, BTCC stands out.

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KatanaSharp KatanaSharp Fri Nov 29 2024
It also serves as a vital step in preventing fraud.

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CoinPrince CoinPrince Fri Nov 29 2024
Until the identity verification is successfully completed,

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