Why is Coinbase asking for email verification?

3 answers

• stephaniescornish34iMay 06, 2024 · a year ago
  Coinbase requires email verification for users as a security measure. By verifying your email address, Coinbase can ensure that you are the rightful owner of the account and can communicate important account-related information to you. It also adds an extra layer of protection against unauthorized access to your account. Email verification is a common practice in the cryptocurrency industry to enhance security and prevent fraud.
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• Esam ShawkyJan 25, 2021 · 4 years ago
  Coinbase asks for email verification to comply with regulatory requirements. As a regulated cryptocurrency exchange, Coinbase needs to verify the identity of its users and ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Email verification is one of the steps in the verification process to confirm the user's identity and prevent fraudulent activities on the platform.
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• AmbeMar 22, 2022 · 3 years ago
  Email verification is a standard procedure for most cryptocurrency exchanges, including Coinbase. It helps to protect user accounts from unauthorized access and ensures that the account owner receives important notifications and updates. By verifying your email address, Coinbase can also communicate with you securely and provide account recovery options in case you forget your password or encounter any security issues. It's a necessary step to maintain the security and integrity of the platform.
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