Cryptocurrency Q&A
How does Coinbase verification work?
How does Coinbase verification work?
Leonardo
Mon Nov 18 2024
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7 answers
1378
Coinbase verification works through a process that involves proving account and national/regional credentials on-chain, built on the Ethereum Attestation Service (EAS) open standard. This allows users to simplify their experience without sacrificing security or compliance, enabling them to add anti-Sybil resistance to airdrops, tasks, social or gaming applications. The process may require users to go through KYC checks and provide personal information such as name, email, and phone number, along with proof of identity and address.
7 answers
Giulia
Wed Nov 20 2024
This system comprises three levels, each offering different limitations and advantages.
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DaeguDivaDanceQueen
Wed Nov 20 2024
Reaching the highest tier, Level 3, necessitates thorough verification.
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Giulia
Wed Nov 20 2024
To attain this level, users must submit a valid government-issued ID.
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CryptoVisionary
Wed Nov 20 2024
Upon successful verification, Level 3 users gain enhanced privileges.
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CryptoEnthusiast
Wed Nov 20 2024
Coinbase provides users with a multi-tiered verification system.
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