What is the reason behind Poloniex requesting my SSN?

3 answers

• tmaniniOct 31, 2021 · 4 years ago
  Poloniex requests your SSN as part of their Know Your Customer (KYC) process. This is a requirement for most cryptocurrency exchanges to comply with anti-money laundering regulations and prevent fraud. By verifying your identity with your SSN, Poloniex can ensure the security and legitimacy of their platform.
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• Khammessi ashraafApr 04, 2021 · 5 years ago
  Poloniex asks for your SSN to protect their users and maintain a safe trading environment. By verifying your identity, they can prevent unauthorized access and fraudulent activities on their platform. It's a standard practice in the cryptocurrency industry to require KYC information, including SSN, to comply with regulatory requirements.
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• Fernando DonatiNov 29, 2024 · a year ago
  As a leading cryptocurrency exchange, Poloniex follows strict regulatory guidelines to ensure the safety and security of their users. Requesting your SSN is part of their commitment to preventing money laundering, fraud, and other illegal activities. By collecting this information, Poloniex can maintain a trusted and compliant trading environment.
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