Why Does Coinbase Want My Photo Id

Last Updated on December 19, 2022 by Paganoto

Identity Verification FAQ – Coinbase Help

Coinbase uses Identity Verification in order to comply with KYC (Know Your Customer) regulations. KYC is a way of identifying and confirming that a customer is who they say they are. It's a multi-step process that helps to prevent the creation and use of fraudulent accounts.

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.

Identity photo verification – Coinbase Help

Click Submit ID + Photo Verification to continue. Click Start verification to begin the document upload process. Select the identity document type that you want …

How does Coinbase use my ID?

Before gaining access to the buy and sell features, you may be asked to verify an ID with us. We go through great lengths to keep this information safe.

Coinbase is requiring ID verification to access my account. I …

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

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

Absolutely! As far as crypto exchanges go, Coinbase has a clean history of hacks and is one of the most secure exchanges in the industry. Coinbase abides …

Coinbase is asking me for a photo of my ID, is this 100% safe?

Yes it does. They need to verify you. If you just tell them you’re Joe without providing government issued ID then it’s not verification.

How to verify your ID on Coinbase – YouTube

Coinbase ID verification not working: What to do | Cryptopolitan

I’ve provided my photo ID, but why am I still unable to buy or sell?

Coinbase ID verification – Bogleheads.org

I ended up giving the ID verification after I looked into the legitimacy. What I did NOT do was to use Plaid to link my bank account. Plaid has …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.