Table of Contents
Should I use my ID on Coinbase?
Per the Coinbase User Terms, we require all customers to verify their identity to continue using our service. We didn’t always require Identity Verification to sign up for Coinbase, but we now require all customers to input their information.
Do I need a drivers license for Coinbase?
You can use the mobile app to complete the ID verification step using your phone’s camera. At this time, we only accept US state-issued ID such as a Driver’s License or Identification Card. We are unable to accept US passports due to the lack of indication of what state you reside in.
Can I trust Coinbase with my SSN?
Is it safe to give Coinbase my SSN? – Quora. In my opinion, yes, it is safe to give Coinbase your social security number. You must consider that opening an account at Coinbase actually is no different than opening a bank account. They must have your tax id for the purpose of reporting to the IRS.
Does Coinbase accept expired ID?
Unfortunately, we can’t accept any IDs other than the supported types. If you don’t have a supported document (typically these include documents like a passport, ID card, or driver license), or your ID is expired, you’ll need to apply for, or renew, a valid ID before completing the upload.
Should I use my real name on Coinbase?
You have to use your real identity to purchase through Coinbase. If you want to remain anonymous, can use localbitcoins, but it will be more expensive.
How do I upload my ID to Coinbase?
How do I verify my identity through the mobile app?
- Tap.
- Select Profile & Settings.
- Tap Enable send and receive at the top.
- Select your document type.
- Follow the prompts to upload your ID document.
- Once the steps are completed, the identity verification process is complete.
How can I buy Bitcoin without ID?
- Buying Bitcoin with No ID: 7 of Your Exchange Options.
- LocalBitcoins: Buy Your Digital Currency Anywhere.
- BitQuick: Buy Your Digital Currency with Cash.
- Bitit.
- Bitcoin ATMs: Do You Have One Near You?
- Bitcoin (BTC) Exchanges without Verification.
- ShapeShift.
- Tutorials: Buy Bitcoin in Less than 20 Minutes.
Is Coinbase secure and safe?
While it is never 100\% safe to your money on any online exchange, Coinbase is one of the safest web wallets you can use. Coinbase keeps almost 99\% of their assets in an offline cold storage that can’t be accessed — when in cold storage, they cannot be hacked!
Does Coinbase ask for your 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.
How safe is uploading your driver’s license for account verification on Coinbase?
How safe is uploading your driver’s license for account verification on Coinbase? Most reviews online indicate a level of safety in this respect. However, it is never too safe to leave one’s personal information on exchanges that, as we’ve mentioned, have been subjected to hacks. Thus, it would always be safer to avoid this if possible.
Is it safe to buy and sell bitcoin on Coinbase?
Very safe. Coinbase is a reliable and trustworthy entity for buying and selling Bitcoin. It’s safe the same as to provide your driver’s license for anyone else (the bank, insurance company, etc.). Coinbase is trusted and reliable exchange so it’s safe.
What is Coinbase pro and how do I get It?
Coinbase Pro is a separate service offered by Coinbase that requires two forms of ID verification. If you’re having trouble verifying your ID, we recommend using the Coinbase mobile app.
Is Coinbase regulated in the US?
As mentioned previously, Coinbase falls under the oversight of the American financial regulatory system. As a result, the firm is forced to conform to the laws and regulatory standards set by the US jurisdiction it operates in.