Is it mandatory to provide your real name when using a cash app for cryptocurrency transactions?

3 answers

• developer developerMay 14, 2023 · 2 years ago
  Yes, it is mandatory to provide your real name when using a cash app for cryptocurrency transactions. This is due to regulatory requirements and anti-money laundering (AML) policies. By providing your real name, you are ensuring compliance with these regulations and helping to prevent fraudulent activities. It also adds a layer of transparency and accountability to the transaction process.
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• canounFeb 10, 2025 · 5 months ago
  No, it is not mandatory to provide your real name when using a cash app for cryptocurrency transactions. Cryptocurrencies are designed to provide users with a certain level of anonymity and privacy. However, it is important to note that some cash apps may require identity verification for certain transaction limits or to comply with local regulations. In such cases, providing your real name may be necessary.
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• Foged DenckerOct 13, 2021 · 4 years ago
  When using BYDFi, a popular cash app for cryptocurrency transactions, it is not mandatory to provide your real name. BYDFi prioritizes user privacy and allows users to remain anonymous by using pseudonyms or nicknames. However, it is important to note that certain transaction limits or regulatory requirements may necessitate identity verification. BYDFi ensures a secure and private trading experience for its users while complying with relevant regulations.
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