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1. #Is circle pay app ok to use how to
2. #Is circle pay app ok to use verification
3. #Is circle pay app ok to use code
4. #Is circle pay app ok to use license

Verification LevelsĬoinbase has different levels of verification that affect how much money you can invest and how you can send and receive it. Once your photo ID is verified, the ID verification process should be complete. If you still cannot verify your ID, then contact Coinbase support. If the photo fails to verify, make sure the photo is clear and no parts of the ID are obscured.

#Is circle pay app ok to use license

You can upload a driver’s license or other photo ID with a webcam, a mobile camera, or a file upload. You will then be directed to fill in your personal information.Īfter filling out this information, you’ll be required to submit a photo ID. Then select the “Submit ID + Photo Verification” button. If you were not prompted to verify your ID directly after entering the SMS code, you do so by clicking the “Buy/Sell” tab. To understand how this information is used, read Coinbase’s privacy policy. This means customers must divulge a large amount of personal information, including the last 4 digits of their SSN and photos of their ID. Know Your Customer (KYC) and Anti Money Laundering (AML) laws require businesses to verify the identity of their customers. Unfortunately, Coinbase will simply lock you out of purchases until you have finished verification.īecause Coinbase is based in the US, they must abide by KYC/AML laws. ID Verificationīefore you ask, No, you cannot bypass Coinbase ID verification. If you are directed to verify your ID, that is the next step covered.Įven if you’re not prompted to verify your ID now, you will want to do so anyway, because sooner or later you must verify your ID to purchase or continue purchasing cryptocurrency. If you are not, then your account set up is finished for now.

#Is circle pay app ok to use code

Select your country and add your phone number.Ī 7-digit code will be sent to your phone, and you will be directed to enter this code.Īfter entering the code, you may or may not be directed to verify your ID.

Complete the captcha, then certify that you are over 18 and agree to the Coinbase user agreement and privacy policy.Īfter continuing, access your email and follow the verification link. Fill in your name, email, password, and location. You will then be directed to begin setting up your account. To set up an account, first visit the Coinbase website and click “Sign Up”. This guide will teach you every you need to know about Coinbase. While Coinbase is beginner focused, the process of setting up an account, adding funds, and purchasing currencies can still be less than straightforward.

Customer SupportĬoinbase has a knowledge base and email support.Ĭhapter 3 Step-by-Step Guide to Using Coinbase Interac Online purchases are instant!Įuropean users paying with SEPA transfer will receive bitcoin within 1-3 days. customers will receive their bitcoins five business days from placing an order when using bank transfer.Ĭanadian EFT purchases take four days to complete. Level 2 users with instant buy are able to instantly buy up to $100 worth of bitcoin per week.ĭebit Card: If a debit card is used, delivery of bitcoins is instant once ID verification as been completed.īank Transfer: U.S. Instant buy will allow fully verified users to buy up to $1,000 worth of bitcoin (BTC) per week. The time it takes for the bitcoins to arrive in your wallet and be spendable depends on your country and payment method used. Does Coinbase Support Your Country?Ĭoinbase offers its brokerage services in the United States, United Kingdom, Canada, Singapore.Ĭoinbase also supports the following European countries:Īndorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, and United Kingdom. Below, we cover which countries are supported by Coinbase, which payment methods they accept, and we also cover the kinds of fees each resident will pay in their country depending on the payment method they use to buy crypto. However the experience of using Coinbase is not the same for every country.

#Is circle pay app ok to use how to

There’s a full guide that shows you how to buy on Coinbase using a debit card in Chapter 5. The most popular payment methods for Coinbase customers are buying with a debit card, and also using a bank transfer. Coinbase's clean UI makes it easy to use for beginners.