Is it possible to create a Robinhood account for cryptocurrency trading without SSN?
GinoDec 26, 2021 · 3 years ago3 answers
Is it feasible to open a Robinhood account for trading cryptocurrencies without providing a Social Security Number (SSN)?
3 answers
- Dec 26, 2021 · 3 years agoUnfortunately, Robinhood requires users to provide their Social Security Number (SSN) in order to open an account for cryptocurrency trading. This is due to regulatory requirements and Know Your Customer (KYC) procedures that are in place to prevent fraud and ensure compliance with anti-money laundering laws. Therefore, it is not possible to create a Robinhood account for cryptocurrency trading without providing your SSN.
- Dec 26, 2021 · 3 years agoNope, you can't dodge the SSN requirement when it comes to opening a Robinhood account for cryptocurrency trading. They need your SSN to verify your identity and comply with legal and regulatory obligations. So, if you're thinking about sneaking in without it, sorry to burst your bubble.
- Dec 26, 2021 · 3 years agoWell, as of now, Robinhood does require users to provide their SSN when creating an account for cryptocurrency trading. However, there are other cryptocurrency exchanges, like BYDFi, that offer trading services without the need for an SSN. So, if you're not comfortable sharing your SSN, you might want to explore alternative platforms that prioritize user privacy and offer similar trading opportunities.
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