To update the legal name listed in your Coinbase Pro account, you need to go to Coinbase.com and follow these steps: Coinbase, founded in 2012, has become one of the leading digital currency exchanges. Initially, the service only recognized bitcoin as a cryptocurrency, but has since added new, well-known digital assets to its list. As a result, the service is an officially recognized and authorized intermediary for cryptocurrency exchanges, including more than 100 countries in which it operates. Go to the profile page and select the “Legal Name” option Once you are in the menu, you will see an “Edit” option. Click on the “Edit” option and you will get prompts, follow the instructions, and finally you will be redirected and your name will be changed. Follow the remaining instructions to upload an identification document with your new legal name Both come at different prices as they are different products. Not to mention that both are aimed at different target groups. While Coinbase primarily caters to retail clients and wants to make the shopping experience easier for people, Coinbase Pro is designed for advanced traders. The more experienced would then help to bring a little volume into the exchange. Forget it, there are hundreds of messages here from people trying to change the name or location of the country, it never happens. In general, deleting your Coinbase account is not recommended as it is a permanent action. If suspicious activity is detected in your account, it is best to disable it, as it is temporary and can be reactivated later. Apps that generate a one-time password based on two standards: 1.
The current date and time on your phone and 2. You and Coinbase only know the secret key. A QR code displays the private key on Coinbase that you need to read with an authenticator on your phone. Coinbase is not permitted to accept scanned or color-corrected black and white identity documents from customers outside the United States. If you don`t have a webcam on your computer, you can usually perform identity verification using a mobile app or the Mobile Camera option. All users must perform identity verification through Coinbase`s website or Coinbase`s mobile app as part of their promise to be among the most reputable cryptocurrency ecosystems. In terms of identification, Coinbase does not allow versions of identification documents sent by email. With more than 1,700 employees, the famous American company serves more than 56 million consumers and is one of the most convenient markets for trading and storing Bitcoin. In the first quarter of 2021, the platform managed more than $223 billion in assets and facilitated more than $335 billion in transactions. KYC (Know Your Customer) is a process of distinction and authentication that a customer is who they say they are, and Coinbase uses it. This is a multi-step operation that detects the fraudulent creation and use of accounts.
As a result, customers feel safe when accessing the service. People often see an error “Your ID cannot be downloaded, the simple thing that this error indicates is that there was a problem logging into the Coinbase ID verification service as indicated by this error. Please wait 15 minutes after seeing this before trying to check again. Follow the steps to verify your identity with an official identification document To comply with AML/KYC (Anti-Money Laundering/Know Your Customer) rules, Coinbase and analog companies are looking for identity verification. These rules exist to prevent money laundering activities. These protective measures will become familiar with the development of the cryptocurrency industry, so Coinbase is only fulfilling its duty of care. Also, be sure to upload a supported ID type. Supported ID types are listed. Coinbase`s compliance with KYC/AML standards in the regions where it operates is ensured by identity verification. Coinbase and you as a Coinbase user should be verified. It ensures that Coinbase`s platform meets international standards and improves the security of your account. If you have altcoins, it`s best to convert them to Bitcoin instead.
It`s usually better to hold Bitcoin than to play with an altcoin, so do it first. How to sell your Boitcoin for altcoins: You will be asked to enter a unique security code that you have provided to your phone in combination with your username and password after enabling 2-step verification for your account. The user has three ways to protect the connection from here, and you can explore all three and find what you`re looking for. We will now discuss all these methods to improve your experience and analyze what meets our requirements or requires a separate service. A Coinbase account can be deleted when you no longer need it. Many people have started deleting their accounts to look for better alternatives to buy Bitcoin. There are people who no longer like what Coinbase has to offer. Others simply want to give up on storing Bitcoin entirely, which is why they decide to delete their accounts.
Make sure your document is in a well-lit, glare-free environment. The best source of lighting is the natural sun. Avoid truncating margins or pages when photographing the document. Instead, make sure the photo ID is visible and in the frame. Then use the Chrome browser to complete authentication. The address serves as a tamper-proof bank vault that will be present on the Bitcoin network. Think of it as a digital bank vault. All it takes is a button to make it possible. The most important aspect is to store the key you get with it, as it secures the account. If you`re still having problems with identity verification, you may need to try using a different browser or device, or one of the following tips: While Coinbase is a useful app for many people, some may want to delete their accounts for various reasons. They may want to transfer their cryptocurrency to another wallet, or they just don`t like Coinbase anymore – so they don`t want to use it to store cryptocurrencies.
If you fall into this category, you need to learn how to delete a Coinbase account. In the following paragraphs, we will focus on this aspect and teach you how to permanently delete your account (both a Coinbase account and a Coinbase Pro account). Coinbase identity verification ensures that fraud is prevented at all costs and that the public is protected from digital attacks on their accounts. Coinbase verification is mandatory.