Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events

Is it necessary to provide my ID on GDAX to start trading cryptocurrencies?

Lopita NaikOct 18, 2024 · 10 months ago3 answers

Do I need to provide my identification on GDAX in order to begin trading cryptocurrencies?

3 answers

  • g daliNov 11, 2020 · 5 years ago
    Yes, GDAX requires users to provide their identification in order to comply with Know Your Customer (KYC) regulations. This is a standard practice in the cryptocurrency industry to prevent fraud, money laundering, and other illegal activities. By verifying your identity, GDAX ensures the security and legitimacy of its platform and protects its users.
  • abcMar 17, 2025 · 5 months ago
    Absolutely! GDAX, like many other reputable cryptocurrency exchanges, requires users to go through a verification process that includes providing their identification. This is done to ensure the safety and security of the platform, as well as to comply with regulatory requirements. By verifying your identity, GDAX can better protect your account and prevent unauthorized access or fraudulent activities.
  • Karen CoutoNov 09, 2023 · 2 years ago
    Yes, providing your ID is necessary on GDAX. As a regulated exchange, GDAX follows strict compliance guidelines and requires users to complete the KYC process. This involves submitting your identification documents, such as a passport or driver's license, to verify your identity. Rest assured that GDAX takes privacy and security seriously, and your personal information will be handled with the utmost care and protection.

Top Picks