Should I Verify Identity Coinbase

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Why am I being asked to verify my identity? As a regulated financial service company operating in the US we are periodically required to identify users on our platform.

User Agreement – Coinbase – COINBASE USER AGREEMENT. This is a contract between you and Coinbase, Inc. ("Coinbase"). By signing up to use an account through coinbase.com or …

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Why does Coinbase have such a bad identity verification algorithm? https: … Should I expect Coinbase to need a full day of checking my ID for verification?

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