Quote from: BitHodler on September 29, 2019, 01:14:19 PM

Cashing out USDC on Coinbase would require you to provide so many documents to prove that you aren't a criminal that it will only be a viable option if you actually have that proof.

you sure about that? i've seen cases where paxos made KYC demands and closed accounts over attempted PAX redemption, but never about coinbase with USDC.

people talk a lot of smack about coinbase, but their document requirements seem pretty lax. other than ID and selfie, i've never been asked for anything else. no social security number, no proof of residence, no KYC questionnaires. the ID i have on file with them is also expired.

i assume if you're flagged for suspicious activity or want to go over the $10k daily withdrawal limit, there are more requirements. but i've been there over 2 years, moved low six figures aggregated through my account, never had a problem.