Are there any restrictions on the types of businesses that can open a Coinbase business account?

3 answers

• Dmitry DudarenkoAug 30, 2021 · 4 years ago
  Yes, Coinbase does have restrictions on the types of businesses that can open a business account. They have a list of prohibited businesses that includes high-risk industries such as gambling, adult entertainment, and illegal activities. Additionally, businesses involved in multi-level marketing, pyramid schemes, and deceptive practices are also not eligible.
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• Upgrade DigitallyApr 12, 2024 · a year ago
  Absolutely! Coinbase has certain restrictions in place for businesses looking to open a business account. They want to ensure compliance with regulations and maintain a safe environment for their users. As a result, businesses in industries like gambling, adult content, and illegal activities are not allowed to open an account.
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• Naima NorbergJul 29, 2024 · a year ago
  Yes, there are restrictions on the types of businesses that can open a Coinbase business account. Coinbase takes compliance and security seriously, and as a result, they have a list of prohibited businesses. However, it's important to note that these restrictions may vary depending on the jurisdiction. If you're unsure whether your business is eligible, it's best to reach out to Coinbase's support team for clarification.
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