As of May 2016, Coinbase requires users to verify their identity before they can buy or sell digital currency. This process is necessary in order to comply with government regulations and ensure the safety of our users.
In order to verify your identity, you will need to provide us with a government-issued ID (e.g. passport, driver’s license) and a selfie.
NOTE: WARNING: Verify your identity with Coinbase before making any transactions. Coinbase requires personal information such as name, address, date of birth, and government-issued photo ID to verify your identity. If you do not provide the required information or if it cannot be verified, your account may be suspended or closed and you may be denied access to funds. Additionally, Coinbase does not guarantee the accuracy of any third party verification services used to verify your identity.
We use this information to verify your identity and prevent fraud.
Once you have submitted your information, our team will review it and get back to you within a few days. Once your account is verified, you will be able to buy and sell digital currency on Coinbase.
Do you need to verify identity on Coinbase? Yes, as of May 2016, Coinbase requires users to verify their identity before they can buy or sell digital currency.
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As of late, Coinbase has been receiving a lot of flak due to the platform’s new verification process. A lot of users have been complaining about how long the process is taking, and some have even been locked out of their accounts for days. If you’re one of the many people who are wondering how to verify your personal information on Coinbase, don’t worry, we’ve got you covered.
In an effort to protect your account and comply with regulations, Coinbase may require you to verify your identity. This process is called KYC (Know Your Customer). Coinbase uses two forms of verification – document verification and identity verification.
If you’re using Coinbase to buy and sell cryptocurrency, you’ll need to verify your identity before you can begin trading. This is a simple process that involves taking a photo of your government-issued ID and uploading it to the Coinbase website. Once your ID is verified, you’ll be able to buy and sell cryptocurrencies on Coinbase.
Since its launch in 2012, Coinbase has become one of the most popular ways to buy and sell Bitcoin, Ethereum, and Litecoin. In fact, it’s now the largest cryptocurrency exchange in the United States with over 13 million users. One of the reasons Coinbase is so popular is because it’s very easy to use.
