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Questions tagged [id safety]

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TopazRider TopazRider Wed Nov 27 2024 | 7 answers 1377

Is it safe to give Coinbase my ID?

I'm considering giving my ID to Coinbase, but I'm not sure if it's safe. I want to know if providing my personal identification to this platform is a secure practice.

Is it safe to give Coinbase my ID?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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