why does coinbase need a picture of your drivers license?

Last Updated on April 25, 2024 by Paganoto

How does Coinbase use my ID?

How does Coinbase use my ID?

Our primary purpose in collecting personal information is to provide you with a secure, efficient, and customized experience. Additionally, verifying your identity helps to prevent fraud from occurring on our platform. We will never sell or rent your personal information to third parties.

How safe is uploading your driver's license for account …

How safe is uploading your driver's license for account …

The reason Coinbase and similar companies require ID verification is to comply with AML/KYC laws (Anti-Money Laundering/Know Your Customer). These laws are in …

Is It Actually Safe to Give Coinbase My ID? – The Financial Geek

Is It Actually Safe to Give Coinbase My ID? – The Financial Geek

Coinbase abides strictly by the KYC anti money laundering regulations, and requires your identification if you want to sign up for an account.

Coinbase wants me to upload a pic of my Driver's License. Is …

Coinbase wants me to upload a pic of my Driver's License. Is …

It’s a financial institution and they need to verify your identity. Other exchanges do it.

How to verify your identity on Coinbase

How to verify your identity on Coinbase

As part of our commitment to remain the most trusted cryptocurrency platform, all ID documents must be verified through the Coinbase website or mobile app. We …

What type of photo ID can I provide? – Coinbase Help

What type of photo ID can I provide? – Coinbase Help

Coinbase can only accept the following documents: … State-issued IDs such as a Driver License or Identification Card … Government-issued photo ID.

Identity photo verification – Coinbase Help

Identity photo verification – Coinbase Help

As a regulated financial service company operating in the US, we’re periodically required to identify users on our platform. Identity verification ensures we …

Verifying your identity | Coinbase Help

Verifying your identity | Coinbase Help

Coinbase Pro is a separate service offered by Coinbase that requires two forms of ID verification. If you’re having trouble verifying your ID, we recommend …

Coinbase ID verification – Bogleheads.org

Coinbase ID verification – Bogleheads.org

Is giving them a picture of my ID just inviting identity theft? … I have just never had to provide my driver’s license when opening other …

Coinbase Verification – photo ID? – Bitcoin Forum

Coinbase Verification – photo ID? – Bitcoin Forum

True. However, Coinbase is about the worst exchange you could use if you don’t want to reveal your identity. They have much tighter government …