Why Is Coinbase Asking Me What I Use It For

Last Updated on December 27, 2023 by Paganoto

Why does Coinbase ask for my personal information when …

Policy requires that we have your name, address, and date of birth on file before you can make large transactions with your Coinbase account. For new customers, …

How to verify your identity on Coinbase

To prevent fraud and to make any account-related changes, Coinbase will ask you to verify your identity from time-to-time. We also ask you to verify your …

Avoiding cryptocurrency scams – Coinbase Help

These scammers ask you to invest money to earn higher returns without financial risk, then request you to bring more people in to do the same.

Confirming my personal information – Coinbase Help

If your ID verification is unsuccessful, you can try again. Contact us if the information you entered is accurate, but you still cannot pass ID verification.

Identity Verification FAQ – Coinbase Help

It’s a multi-step process that helps to prevent the creation and use of fraudulent accounts. … Why am I being asked to go through Identity Verification?

What is phishing? – Coinbase Help

Scammers can create fake websites asking for sensitive information to gain control of your accounts.

Is this email really from Coinbase?

Coinbase staff will never ask you for your password, 2-factor authentication codes, or request remote access to your computer. If you are being asked to …

Coinbase keeps asking me for verification – Reddit

For your security, do not post personal information to a public forum, including your Coinbase account email. If you’re experiencing an issue …

Why would someone ask me to open a Coinbase account to …

They want you to open an account in your name, that they have access to. Any illegal activity, thefts, money laundering of whatever leads back to you, not them.

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).

Paganoto

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