why does coinbase require id

Coinbase, a cryptocurrency exchange platform, requires users to create an account before using their services. Account creation is done by entering personal information such as email and name. However, it is not required to create an account to use the platform for buying and selling cryptocurrency. Users can use the platform without creating an account, but they must have a public/private key pair to make transactions. The use of a public/private key pair allows users to buy and sell cryptocurrency without the need for an account. Therefore, it is not required to create an account to use Coinbase for buying and selling cryptocurrency. This means that people who want to use Coinbase without an account can still use the platform, but they must have a public/private key pair. This is a crucial aspect of the platform that is not mentioned in the account creation process. This is one of the reasons why Coinbase requires an account to use its services.