Does Coinbase ask for social security number during the sign-up process?
Golam Mujid SeikhMar 23, 2021 · 4 years ago4 answers
I'm considering signing up for Coinbase, but I'm concerned about the security of my personal information. Can anyone confirm if Coinbase requires users to provide their social security number during the sign-up process?
4 answers
- Sai SachitJun 10, 2020 · 5 years agoYes, Coinbase does ask for your social security number during the sign-up process. This is to comply with KYC (Know Your Customer) regulations and to ensure the security of the platform. Your personal information is encrypted and stored securely.
- miguel.ac04Nov 03, 2024 · 10 months agoAbsolutely! Coinbase is a regulated exchange and is required to collect certain personal information, including your social security number, to verify your identity and prevent fraud. Rest assured that Coinbase takes privacy and security seriously.
- PAUL BERNARDApr 11, 2024 · a year agoAs an expert in the field, I can confirm that Coinbase does ask for your social security number during the sign-up process. This is a standard practice in the cryptocurrency industry to comply with regulatory requirements and prevent illegal activities. Your information is protected using advanced encryption algorithms.
- Jason ChangSep 26, 2024 · a year agoYes, Coinbase does require users to provide their social security number during the sign-up process. This is to ensure the safety and security of the platform and to prevent unauthorized access to your account. Your personal information is treated with utmost confidentiality and is not shared with any third parties.
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