Policy requires Coinbase to have your name, address, and date of birth on file before you can make large transactions with your account.
New customers: When you make a large transaction, you’ll need to complete your personal information before your trade is processed.
Existing customers: If you've previously made a large transaction, you'll be prompted to enter your personal information again before completing your next transaction.
If you choose not to provide the required information, you can close your Coinbase account and transfer your funds to another provider.
How we use your information
We collect necessary information to allow our customers to use our products and services. This primarily includes data collection that is mandated by law—such as when we must comply with anti-money laundering laws, or to verify your identity and protect you from potential fraudulent activity. We may also collect your data to enable certain services, improve our products, and keep you notified of new developments (based on your preferences). We do not, and will not, sell your data to third parties without your consent.
For more information, see our Privacy Policy and User Agreement.
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