common-close-0
BYDFi
Trade wherever you are!

What options are available for signing up on Coinbase without providing a SSN?

avatarCLRBLND_99Dec 16, 2021 · 3 years ago3 answers

I am interested in signing up on Coinbase, but I don't want to provide my Social Security Number (SSN). Are there any alternative options available for signing up on Coinbase without providing a SSN?

What options are available for signing up on Coinbase without providing a SSN?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, Coinbase requires users to provide their SSN as part of their identity verification process. This is to comply with regulatory requirements and ensure the security of their platform. If you're uncomfortable providing your SSN, you may want to consider using other cryptocurrency exchanges that have different verification requirements.
  • avatarDec 16, 2021 · 3 years ago
    Hey there! I totally get your concern about sharing your SSN. Coinbase is a reputable exchange and they require SSN for compliance purposes. However, if you're looking for alternatives, you can check out exchanges like Binance or BYDFi. They have different verification processes and may not require SSN. Just make sure to do your own research and choose a platform that suits your needs and preferences. Happy trading!
  • avatarDec 16, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that Coinbase is quite strict when it comes to identity verification. They require SSN to comply with regulations and prevent fraud. However, there are other exchanges that offer more privacy-focused options. For example, you can try using decentralized exchanges like Uniswap or PancakeSwap, where you can trade without providing personal information. Keep in mind that these decentralized exchanges have their own risks, so make sure to do your due diligence before using them. Good luck!