We collect necessary information to allow our customers to use our products and services . This primarily includes data collection that is mandated by law—such as when we must comply with anti money laundering laws, or to verify your identity and protect you from potential fraudulent activity.
Read moreIs it safe to upload photo ID to Coinbase?
Very safe . Coinbase is a reliable and trustworthy entity for buying and selling Bitcoin. ID verification is required to prevent fraud and keep the community safe. It also adds an extra layer of security by ensuring no one but you links your payment information such as your bank account or credit or debit card.
Read moreWhy does Coinbase want my photo for lessons?
The reason Coinbase is asking for the last 4 digits of your social, and likely a photo ID, is because they want to confirm your identity in compliance with something called Know Your Customer or KYC laws , which are a part of Anti Money Laundering laws.
Read moreHow do I get more rewards on Coinbase?
Coinbase Earn is simple, educational, and rewarding. Just by watching a few videos about crypto and completing a short quiz , eligible customers will be rewarded with a bit of that specific crypto!
Read moreWhy can’t I verify my address on Coinbase?
If you’re unable to verify your address, you will not have full access to the platform . If you’re asked to submit additional documentation to verify your address, please be sure you upload a PDF copy of a utility bill or bank statement in your name that is no more than 3 months old.
Read moreHow long does it take Coinbase to verify address?
Allow 2-3 minutes for the verification process to complete. If verificaton is successful you’ll be directed to the Your Document page. In the event the upload is unsuccessful, you’ll be asked to retry the process.
Read moreWhy does Coinbase need my address?
Policy requires that we have your name, address, and date of birth on file before you can make large transactions with your Coinbase account . For new customers, when you make a large transaction you will be prompted to complete your personal information before your trade is made.
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