Is it mandatory to have a phone number for every transaction on Coinbase?

3 answers

• MaybetsJun 25, 2024 · a year ago
  Yes, it is mandatory to have a phone number linked to your Coinbase account for every transaction. This is part of Coinbase's security measures to ensure the safety of your account and prevent unauthorized access. By providing your phone number, Coinbase can send you verification codes or alerts for any suspicious activities. It adds an extra layer of protection to your account and helps in recovering your account if you ever lose access to it.
  448

  224
• Fred NylanderMar 06, 2021 · 4 years ago
  No, it is not mandatory to have a phone number for every transaction on Coinbase. While providing a phone number can enhance the security of your account, Coinbase offers alternative methods for verification and account recovery, such as email verification and security questions. However, it is recommended to link a phone number to your account for added security and convenience.
  382

  128
• SeusanSep 13, 2023 · 2 years ago
  As an expert at BYDFi, I would highly recommend linking a phone number to your Coinbase account. It is a crucial step in securing your cryptocurrency assets and ensuring the safety of your transactions. By providing a phone number, you can receive important notifications and alerts regarding your account, such as suspicious login attempts or withdrawal requests. It also helps in recovering your account if you ever lose access to it. Overall, linking a phone number adds an extra layer of security and peace of mind to your Coinbase experience.
  547

  137