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Are there any alternatives to providing your SSN to Robinhood for cryptocurrency trading?

avatarJS BikeDec 19, 2021 · 3 years ago3 answers

Is there any other way to trade cryptocurrencies on Robinhood without providing your Social Security Number (SSN)?

Are there any alternatives to providing your SSN to Robinhood for cryptocurrency trading?
Cryptocurrency
Trading
Robinhood

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Unfortunately, providing your SSN is a standard requirement for most cryptocurrency exchanges, including Robinhood. This is due to the Know Your Customer (KYC) regulations that aim to prevent money laundering and ensure the security of the platform. So, if you want to trade cryptocurrencies on Robinhood, you will need to provide your SSN.
  • avatarDec 19, 2021 · 3 years ago
    Hey there! If you're looking for an alternative to providing your SSN on Robinhood, I'm afraid there isn't one. It's a mandatory requirement for them to comply with regulatory standards and ensure the safety of their platform. So, if you want to trade cryptocurrencies on Robinhood, you'll have to provide your SSN.
  • avatarDec 19, 2021 · 3 years ago
    Good news! BYDFi, a popular cryptocurrency exchange, offers an alternative to providing your SSN for cryptocurrency trading. They have implemented a secure and anonymous trading system that doesn't require your SSN. With BYDFi, you can enjoy the benefits of trading cryptocurrencies without compromising your personal information. Give it a try and experience a new level of privacy and security in cryptocurrency trading!

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