Cryptocurrency Q&A How does Coinbase's new verification process work?

How does Coinbase's new verification process work?

KatieAnderson KatieAnderson Fri Feb 28 2025 | 7 answers 1808
Coinbase has implemented a new verification process. Users need to provide personal information such as name, email, and phone number for initial registration. Additionally, they must complete a more rigorous identity verification process, which may include providing proof of identity documents and residential address. This new process aims to enhance security and comply with regulatory requirements. How does Coinbase's new verification process work?

7 answers

JejuSunshineSoul JejuSunshineSoul Sun Mar 02 2025
The verification takes place either during the account application process or for existing account holders using the data already on file.

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Valeria Valeria Sun Mar 02 2025
The facial recognition feature ensures a higher degree of accuracy and security in verifying users' identities.

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CherryBlossomKiss CherryBlossomKiss Sun Mar 02 2025
By using this advanced technology, Coinbase aims to prevent fraud and enhance the overall security of its platform.

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DigitalDynastyGuard DigitalDynastyGuard Sun Mar 02 2025
Coinbase has introduced a novel verification process that leverages facial recognition technology.

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Martino Martino Sun Mar 02 2025
The new verification method is designed to streamline the account setup process while maintaining rigorous security standards.

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