Why does Coinbase need citizenship?

Originally Answered: Can I open a CoinBase account if I am not a US resident? Yes you can . Coinbase can be used in 100+ countries.

Coinbase Global, Inc., branded Coinbase, is an American company that operates a cryptocurrency exchange platform. … Coinbase. TypePublicRevenueUS$7.84 billion (2021)Operating incomeUS$3.08 billion (2021)Net incomeUS$3.62 billion (2021)Total assetsUS$21.3 billion (2021)Coinbase – Wikipedia en.wikipedia.org › wiki › Coinbase

Cryptocurrency conversion services are currently available to customers in Australia*, Canada*, Singapore*, the United States, the United Kingdom, and the following European countries: Andorra .

As a provider of financial services, Coinbase must accurately determine our customers’ countries of residence . This allows us to provide appropriate payment methods based on residency.