Why is Coinbase asking me to verify my identity?

Any ID verification done on your Coinbase account will apply to your Pro account. 90% of customers are able to resolve issues with ID verification by using the Coinbase mobile app and the camera on their mobile phone. Once the app is installed, go to Settings > Identity Verification .

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.

Why am I being asked to verify my identity? To prevent fraud and to make any account-related changes , Coinbase will ask you to verify your identity from time-to-time. We also ask you to verify your identity to ensure no one but you changes your payment information.

Our primary purpose in collecting personal information is to provide you with a secure, efficient, and customized experience. Additionally, verifying your identity helps to prevent fraud from occurring on our platform . We will never sell or rent your personal information to third parties.