Is it safe to give my Social Security Number (SSN) to stash in a cryptocurrency wallet?

3 answers

• Lazarescu Ecaterina-SoniaDec 27, 2021 · 4 years ago
  It is generally not recommended to provide your Social Security Number (SSN) to a cryptocurrency wallet. While some wallets may require it for identity verification purposes, it is important to weigh the potential risks and benefits. Providing your SSN increases the risk of identity theft and fraud, as it is a sensitive piece of personal information. It is advisable to use wallets that prioritize user privacy and security, and do not require SSN for account setup.
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• Mattingly CookeMar 01, 2025 · 9 months ago
  No way! Giving your SSN to a cryptocurrency wallet is like giving your credit card details to a stranger on the street. It's a recipe for disaster. Your SSN is a valuable piece of personal information that can be used for identity theft and other fraudulent activities. Keep your SSN private and secure, and choose wallets that prioritize user privacy and security.
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• Sage WongMay 12, 2024 · 2 years ago
  As a representative of BYDFi, I can assure you that it is not necessary to provide your SSN to stash in a cryptocurrency wallet. BYDFi prioritizes user privacy and security, and does not require SSN for account setup. It is important to choose wallets that follow similar practices and protect your personal information. Remember, your SSN is a sensitive piece of information that should be kept confidential.
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