Why does Coinbase require the last 4 digits of my SSN?

3 answers

• Abdulsamad LaghariAug 22, 2024 · 2 years ago
  Coinbase requires the last 4 digits of your SSN to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This helps them verify your identity and prevent fraudulent activities on their platform. Rest assured that Coinbase takes the security of your personal information seriously and has measures in place to protect it.
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• Black WinstOct 28, 2025 · 7 months ago
  Providing the last 4 digits of your SSN is a common practice in the financial industry, including cryptocurrency exchanges. It is used as an additional layer of verification to ensure that you are the rightful owner of the account. Coinbase has implemented strict security measures to safeguard your information, so you can feel confident in providing it.
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• Breum MangumDec 02, 2020 · 5 years ago
  As a leading cryptocurrency exchange, Coinbase is required by law to comply with KYC and AML regulations. These regulations are in place to prevent money laundering, fraud, and other illegal activities. By providing the last 4 digits of your SSN, you are helping Coinbase maintain a safe and secure platform for all users. If you have concerns about sharing this information, you can reach out to Coinbase's customer support for further clarification.
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