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Is it normal for Coinbase to request my ID multiple times?

avatarRoss UpchurchDec 28, 2021 · 3 years ago3 answers

Why does Coinbase ask for my ID multiple times? Is this a normal practice for cryptocurrency exchanges?

Is it normal for Coinbase to request my ID multiple times?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is normal for Coinbase to request your ID multiple times. This is part of their strict security measures to ensure the safety of your account and prevent fraud. By verifying your ID multiple times, Coinbase can maintain a high level of trust and security for all users.
  • avatarDec 28, 2021 · 3 years ago
    Coinbase may ask for your ID multiple times due to various reasons. It could be because of a technical issue, such as a failed verification attempt, or it could be a routine check to ensure the accuracy of your information. While it may seem repetitive, it is important to comply with these requests to maintain a secure and compliant trading environment.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can assure you that it is normal for Coinbase to request your ID multiple times. This is a standard practice followed by many reputable exchanges to comply with regulatory requirements and prevent money laundering and other illegal activities. It is a necessary step to ensure the integrity of the platform and protect the interests of all users.