Is it necessary to verify my identity to create a Coinbase account?

3 answers

• McCabe IversenJul 25, 2021 · 4 years ago
  Yes, verifying your identity is a mandatory requirement when creating a Coinbase account. This is to ensure compliance with regulatory standards and prevent fraud and money laundering. Coinbase follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to maintain a safe and secure platform for its users. By verifying your identity, Coinbase can confirm that you are a legitimate user and comply with legal obligations.
  445

  223
• Scott LeverNov 01, 2023 · 2 years ago
  Absolutely! You need to verify your identity to create a Coinbase account. It's a necessary step to ensure the safety and security of the platform. By verifying your identity, Coinbase can protect its users from potential scams and fraudulent activities. So, don't worry, it's for your own benefit!
  298

  100
• Shubhodeep MondalFeb 21, 2021 · 4 years ago
  Yes, you must verify your identity to create a Coinbase account. This is a requirement set by Coinbase to comply with regulatory standards and ensure the safety of the platform. By verifying your identity, Coinbase can prevent unauthorized access to your account and protect your funds. So, make sure to complete the identity verification process to enjoy a secure trading experience on Coinbase.
  396

  99