What is the reason behind Poloniex requesting my SSN?

3 answers

• tmaniniOct 13, 2024 · 10 months ago
  Poloniex requests your SSN as part of their Know Your Customer (KYC) process. This is a requirement for most cryptocurrency exchanges to comply with anti-money laundering regulations and prevent fraud. By verifying your identity with your SSN, Poloniex can ensure the security and legitimacy of their platform.
  310

  155
• Khammessi ashraafJan 28, 2023 · 3 years ago
  Poloniex asks for your SSN to protect their users and maintain a safe trading environment. By verifying your identity, they can prevent unauthorized access and fraudulent activities on their platform. It's a standard practice in the cryptocurrency industry to require KYC information, including SSN, to comply with regulatory requirements.
  339

  113
• Fernando DonatiMay 09, 2021 · 4 years ago
  As a leading cryptocurrency exchange, Poloniex follows strict regulatory guidelines to ensure the safety and security of their users. Requesting your SSN is part of their commitment to preventing money laundering, fraud, and other illegal activities. By collecting this information, Poloniex can maintain a trusted and compliant trading environment.
  349

  88