Every major exchange has verification tiers. If you want to deal with fiat money i.e (use bank deposits and withdrawals) you will be asked for more personal info:
mainly Government issued ID and a recent proof of residence is needed.
Full name, date of birth, country and phone number are required only to unlock base functionality of an exchange:
usually it allows you to trade and withdraw/deposit cryptocurrency but not withdraw fiat money.
More info here: https://support.kraken.com/hc/en-us/articles/201352206-What-are-the-Verification-Tiers-
Topic: Coinbase Verification - photo ID? - page 2. (Read 24507 times)
Created an account on coinbase and it seems that in addition to payment and phone number verification (and address), I need to upload a government-issued photo ID to use the service. Is this required of everyone?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
To start using their services, no need to verify your identity.
But to increase your weekly buy / sell limits and your credit / debit card limits you may need to complete a verification to enable additional account features. Same related companies also have that features.
To understand that fully, head in their Support Question.
It shouldn't actually be much of a problem to upload a photo ID. It's a reasonably "trustworthy" exchange (as much as an exchange can be trustworthy).
Created an account on coinbase and it seems that in addition to payment and phone number verification (and address), I need to upload a government-issued photo ID to use the service. Is this required of everyone?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
To start using their services, no need to verify your identity.
But to increase your weekly buy / sell limits and your credit / debit card limits you may need to complete a verification to enable additional account features. Same related companies also have that features.
To understand that fully, head in their Support Question.
Created an account on coinbase and it seems that in addition to payment and phone number verification (and address), I need to upload a government-issued photo ID to use the service. Is this required of everyone?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
With the amount of hacking going on these days, it does not seem safe to do so. If anyone gets into their database of photo IDs (even without accessing anything else), it would cause an inconceivable amount of identity theft.
Are there providers that do not require a photo ID?
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