This is a question that gets asked a lot, and for good reason. After all, with all the talk of Bitcoin and other cryptocurrencies being anonymous, it stands to reason that one might want to use a service like Coinbase to buy and sell them without having their identity attached to the transactions.
Unfortunately, the answer to this question is a resounding no. Coinbase is not an anonymous service, and in fact, requires quite a bit of personal information from its users.
The first thing you need to do when signing up for Coinbase is to provide your name, email address, and create a password. Then, you’ll need to verify your email address and phone number.
After that, you’ll be asked to provide your date of birth, gender, and country of residence.
Once you’ve completed all of that, you’ll be able to link a bank account or credit/debit card to your Coinbase account. Once that’s done, you can finally start buying and selling cryptocurrencies.
However, even though you can now buy and sell cryptocurrencies on Coinbase without providing any additional personal information, your transactions are still not anonymous. That’s because Coinbase keeps track of all of your transaction history and links it to your real-world identity.
So if you’re looking for a truly anonymous way to buy and sell cryptocurrencies, Coinbase is not the platform for you. There are other exchanges out there that don’t require nearly as much personal information from their users, so you may want to look into those instead.