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What are the steps to use Coinbase without giving SSN?

avatarDaniyal Qamer DQDec 15, 2021 · 3 years ago3 answers

Can I use Coinbase without providing my Social Security Number (SSN)? If so, what are the steps to do so?

What are the steps to use Coinbase without giving SSN?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, Coinbase requires users to provide their SSN for identity verification purposes. This is to comply with regulatory requirements and ensure a safe and secure platform for all users. Without providing your SSN, you will not be able to fully use Coinbase.
  • avatarDec 15, 2021 · 3 years ago
    Nope, you can't use Coinbase without giving your SSN. They have strict KYC (Know Your Customer) policies in place to prevent fraud and ensure compliance with regulations. So, if you want to use Coinbase, you'll have to provide your SSN during the registration process.
  • avatarDec 15, 2021 · 3 years ago
    While Coinbase does require users to provide their SSN, there are alternative platforms that may not have the same requirement. For example, BYDFi is a decentralized exchange that allows users to trade cryptocurrencies without the need for KYC verification. However, it's important to note that BYDFi may have different limitations and risks compared to centralized exchanges like Coinbase.