Is it possible to bypass the SSN requirement on Coinbase?

6 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, there is no way to bypass the SSN requirement on Coinbase. This requirement is in place to comply with Know Your Customer (KYC) regulations and to prevent fraud and money laundering. Coinbase, like other reputable exchanges, needs to verify the identity of its users to ensure the security of the platform and protect its users. Providing your SSN is a standard practice in the cryptocurrency industry, and it is required by law in many jurisdictions.
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• Dec 28, 2021 · 3 years ago
  Yeah, man! I totally get your frustration with all these verification processes. But unfortunately, bypassing the SSN requirement on Coinbase is not possible. They have to comply with regulations and protect their users. It's a necessary evil, you know? Just go ahead and provide your SSN. It's a small price to pay for the convenience and security of using Coinbase.
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• Dec 28, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that bypassing the SSN requirement on Coinbase is not recommended. Coinbase is a regulated exchange and they have implemented this requirement to ensure compliance with KYC regulations. Trying to bypass it may result in your account being flagged or even suspended. It's best to provide the necessary information and go through the verification process to avoid any issues.
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• Dec 28, 2021 · 3 years ago
  I understand your concern about sharing your SSN, but unfortunately, Coinbase, like many other exchanges, requires this information for regulatory purposes. By providing your SSN, you help Coinbase maintain a secure and compliant platform. Remember, Coinbase is one of the most trusted and reputable exchanges in the industry, so it's worth going through the verification process to enjoy the benefits of using their platform.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand that some users may have concerns about sharing their SSN. However, it is important to note that bypassing the SSN requirement on Coinbase is not advisable. Coinbase has implemented this requirement to ensure compliance with KYC regulations and to protect its users. Providing your SSN is a standard practice in the industry, and it helps maintain the integrity and security of the platform. We recommend following the necessary steps to complete the verification process on Coinbase.
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• Dec 28, 2021 · 3 years ago
  While it may be tempting to try and bypass the SSN requirement on Coinbase, it's important to understand that doing so would violate their terms of service and could result in the suspension or closure of your account. Coinbase, like other reputable exchanges, has implemented this requirement to comply with regulations and protect its users. It's best to provide the necessary information and go through the verification process to ensure a smooth and secure experience on the platform.
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