Is it mandatory to have a phone number for every transaction on Coinbase?
Just Say No ProductionsDec 26, 2021 · 3 years ago3 answers
Is it necessary to provide a phone number for every transaction on Coinbase? I'm new to cryptocurrency trading and I'm wondering if I need to link my phone number to my Coinbase account in order to make transactions. Can I still trade without providing a phone number?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is mandatory to have a phone number linked to your Coinbase account for every transaction. This is part of Coinbase's security measures to ensure the safety of your account and prevent unauthorized access. By providing your phone number, Coinbase can send you verification codes or alerts for any suspicious activities. It adds an extra layer of protection to your account and helps in recovering your account if you ever lose access to it.
- Dec 26, 2021 · 3 years agoNo, it is not mandatory to have a phone number for every transaction on Coinbase. While providing a phone number can enhance the security of your account, Coinbase offers alternative methods for verification and account recovery, such as email verification and security questions. However, it is recommended to link a phone number to your account for added security and convenience.
- Dec 26, 2021 · 3 years agoAs an expert at BYDFi, I would highly recommend linking a phone number to your Coinbase account. It is a crucial step in securing your cryptocurrency assets and ensuring the safety of your transactions. By providing a phone number, you can receive important notifications and alerts regarding your account, such as suspicious login attempts or withdrawal requests. It also helps in recovering your account if you ever lose access to it. Overall, linking a phone number adds an extra layer of security and peace of mind to your Coinbase experience.
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