do you have to use your real name on coinbase
Coinbase has been implementing a new policy that requires users to use their real names on the platform. The move is in response to concerns over privacy and security. The platform's CEO, Samy Ruto, stated that the company prioritizes user privacy and security. Users who do not comply with the new policy will be required to log in using their email address instead of their real name.
In order to understand why this policy is necessary, we must first consider the nature of coinbase. As a decentralized exchange platform, coinbase is used by millions of users across the globe to store and exchange their cryptocurrency. This makes the platform vulnerable to cyber threats and identity theft.
In the past, users of other platforms have faced similar issues, such as using fake names to hide their real identities. However, these platforms have been able to work around these issues by implementing policies that require users to use their real names.
In conclusion, the need for users to use their real names on coinbase is due to the platform's vulnerability to cyber threats and identity theft. By implementing policies that require users to use their real names, coinbase is able to protect its users from these risks. As a result, users should be aware of this policy and comply with it to ensure their privacy and security.