How do Chinese people pass coinbase identity verification?

For mainland Chinese users, Coinbase authentication is currently not possible. Coinbase is subject to US law and prohibits the provision of services to sanctioned countries (including mainland China). Mainland Chinese users should choose other cryptocurrency exchanges that allow them to trade. Be sure to do thorough research and understand the risks involved before investing in any cryptocurrency.

How do Chinese people go through coinbase identity verification?

Direct answer:

For mainland Chinese users, they cannot pass Coinbase identity authentication at present.

Detailed explanation:

Coinbase is a US cryptocurrency exchange that is subject to U.S. laws and regulations. Coinbase prohibits the provision of services to specific countries, including Iran, North Korea and mainland China, according to the U.S. Treasury Office of Foreign Assets Control (OFAC).

This means that mainland Chinese users cannot create accounts or conduct transactions on Coinbase. Attempts to circumvent this restriction using false information or third-party services may result in the account being frozen or closed.

Alternatives:

For mainland Chinese users, there are other cryptocurrency exchanges to choose from, such as Binance, Huobi and OKX. These exchanges allow mainland Chinese users to trade, but it should be noted that they are subject to different constraints by Chinese laws and regulations.

The other three major exchange platforms:

okx Ouyi installation package[adid]66f041e16a60928b05a7e228a89c3799[/adid]

binance Binance official website[adid]9f61408e3afb633e50cdf1b20de6f466[/adid]

gate.io official website entrance[adid]072b030ba126b2f4b2374f342be9ed44[/adid]

Precautions:

When choosing a cryptocurrency exchange, be sure to conduct thorough research and ensure that the exchange has a good reputation and safe practice. It is also recommended to conduct extensive research and understand the risks associated with it before investing in any cryptocurrency.

The above is the detailed content of How do Chinese people pass coinbase identity verification?. For more information, please follow other related articles on the PHP Chinese website!