Can I use my personal Ein number for Coinbase?
Shivendra Pratap ChandraDec 25, 2021 · 3 years ago3 answers
Is it possible to use my personal Ein number for Coinbase? I have heard that Coinbase requires a social security number (SSN) for account verification. Can I use my Ein number instead? Are there any restrictions or limitations on using an Ein number for Coinbase?
3 answers
- Dec 25, 2021 · 3 years agoNo, Coinbase requires a social security number (SSN) for account verification. An Ein number is not accepted as a substitute for an SSN. This is because Coinbase is required to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which mandate the collection of personal identification information, including SSN. Therefore, you will need to provide your SSN when signing up for a Coinbase account.
- Dec 25, 2021 · 3 years agoUnfortunately, Coinbase does not accept Ein numbers for account verification. They strictly require a social security number (SSN) as part of their KYC and AML procedures. This is to ensure the security and legality of their platform. If you don't have an SSN, you may want to explore other cryptocurrency exchanges that may have different verification requirements.
- Dec 25, 2021 · 3 years agoAs an expert in the field, I can confirm that Coinbase does not allow the use of Ein numbers for account verification. They strictly adhere to regulatory requirements and only accept social security numbers (SSN) for KYC and AML purposes. If you're looking for an alternative, you might consider BYDFi, a reputable cryptocurrency exchange that offers a user-friendly interface and robust security measures.
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