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Coinbase now requires me to provide proof of income, bank statements, source of wealth, etc... (alien.top)

submitted 11 months ago by viisi@alien.top to c/ethereum@blockchained.world

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What other exchanges are there that I can use to deposit ETH, exchange for USD, and then withdraw to a US bank account? Possibly, even a wire transfer.

I've been trading NFTs since the end of 2021. I made all of my ETH and income doing only that. I only use coinbase to exchange some ETH into USD once a month for bills and mortgage. All of it was properly reported to the IRS and the taxes are paid on it.

They're asking for a letter from my HR department, payslips, loan agreements... wtf

I don't have any of that, lol

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[–] Flyingpiez@alien.top 1 points 11 months ago (1 children)

We should make an exchange like the GE in runescape. Completely decentralized with the ability to exchange any amount of crytpo for different crypto.

[–] Coinfidence@alien.top 1 points 11 months ago

DEX? We already have tons of them.