common-close-0
BYDFi
Trade wherever you are!

What is the process of verifying a trade on Coinbase?

avatarEssahDec 26, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of verifying a trade on Coinbase? I'm new to cryptocurrency trading and would like to understand how it works.

What is the process of verifying a trade on Coinbase?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field, I can tell you that verifying a trade on Coinbase is a necessary step to ensure the security and legitimacy of transactions. Coinbase has implemented strict verification procedures to prevent fraud and comply with regulatory requirements. By verifying trades, Coinbase can verify the identity of users and ensure that funds are not being used for illegal activities. It's an important measure to protect both the platform and its users.