Coinbase requires users to complete an identity verification
process to comply with regulatory requirements and ensure platform security. To
verify your identity, you must provide a government-issued ID such as a
passport, driver's license, or national ID card. The process begins by signing
up for a Coinbase account and submitting personal details like name, date
of birth, and address. Next, users must upload clear images of their identification
document using their smartphone or computer. Coinbase employs automated
verification technology along with manual review to confirm authenticity.
In some cases, users may be asked to take a selfie verification or
answer additional security questions. The platform uses KYC (Know Your
Customer) procedures to prevent fraud and comply with financial
regulations. Once verified, users can securely access features like buying,
selling, and trading cryptocurrencies. If identity verification fails due
to blurry images or mismatched information, users can retry the process.
Coinbase also implements two-factor authentication (2FA) for enhanced
security. Completing identity verification is mandatory to increase account
limits and access full platform functionality. This seamless process ensures safe
transactions, reduces fraud risks, and strengthens the Coinbase security
system for all users. More info - https://www.thetradeinfo.com/business/what-is-the-identity-verification-process-for-coinbase/3651/ Visit Website - https://www.thetradeinfo.com
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