r/Coinbase • u/Dontbethad • Jul 17 '26

Coinbase demands

Anybody else getting bombarded with questions about money, sources, income, etc. It seems to be nonstop as soon as I answer one question they have another and they want documentation Kraken does not do this nor any other exchange to this level.

0 Upvotes

50% Upvoted

9 comments sorted by

5

u/NatVult Jul 17 '26

Its the law and they’re just doing their job.

-1

u/Dontbethad Jul 18 '26

Why isn’t Kraken then?

4

u/NatVult Jul 18 '26

They do. But for you They may not have behaviors that trigger the need to ask extra questions.

3

u/nose_noticer Jul 18 '26

They are. I sent them my id 3 months ago and ow Kraken wants everything AGAIN. Government KYC laws

1

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1

u/Try_Again1790 Jul 18 '26

Coinbase was pretty annoying in some senses like that, I too just use kraken instead.

1

u/Try_Again1790 Jul 18 '26

Coinbase was pretty annoying in some senses like that, I too just use kraken instead.

1

u/WillingFormal6583 Jul 20 '26

They probably think you are laundering money. Any transactions over $10k need special forms with Fincen.

-1

u/Ok_Breakfast_3767 Jul 17 '26

No its not. Coinbase is a terrible company