11/02/2025 Accounting - Finance
Coinbase requires users to complete an identity verification process to comply with regulatory requirements and ensure platform security. To verify your identity, you must provide a government-issued ID such as a passport, driver's license, or national ID card. The process begins by signing up for a Coinbase account and submitting personal details like name, date of birth, and address. Next, users must upload clear images of their identification document using their smartphone or computer. Coinbase employs automated verification technology along with manual review to confirm authenticity. In some cases, users may be asked to take a selfie verification or answer additional security questions. The platform uses KYC (Know Your Customer) procedures to prevent fraud and comply with financial regulations. Once verified, users can securely access features like buying, selling, and trading cryptocurrencies. If identity verification fails due to blurry images or mismatched information, users can retry the process. Coinbase also implements two-factor authentication (2FA) for enhanced security. Completing identity verification is mandatory to increase account limits and access full platform functionality. This seamless process ensures safe transactions, reduces fraud risks, and strengthens the Coinbase security system for all users.
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