Is it possible to cash out cryptocurrency on Coinbase without providing personal information?

3 answers

• John HMar 06, 2023 · 3 years ago
  Unfortunately, Coinbase requires users to provide personal information in order to comply with KYC (Know Your Customer) regulations. This means that you will need to provide identification documents and other personal details before you can cash out your cryptocurrency. This is a standard practice in the cryptocurrency industry to prevent fraud and ensure the security of transactions.
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• soraOct 22, 2024 · a year ago
  Nope, you can't cash out your cryptocurrency on Coinbase without providing personal information. They have strict regulations in place to prevent money laundering and other illegal activities. So, you'll have to go through the verification process and provide your ID and other necessary information to withdraw your funds. It's a bit of a hassle, but it's for your own safety and the security of the platform.
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• English MasseySep 08, 2022 · 3 years ago
  Well, if you're looking for an alternative to Coinbase where you can cash out your cryptocurrency without providing personal information, you might want to check out BYDFi. They offer a decentralized exchange platform that allows you to trade and withdraw your funds without the need for KYC. However, keep in mind that BYDFi might have its own set of regulations and requirements, so make sure to do your research before using their services.
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