Is it safe to provide my social security card to Robinhood for cryptocurrency transactions?

3 answers

• Shaon VipinMar 07, 2025 · 4 months ago
  As an expert in the field, I would advise against providing your social security card to Robinhood for cryptocurrency transactions. While Robinhood is a reputable platform, it is always best to minimize the exposure of sensitive personal information, such as your social security number, in the digital realm. There have been instances of data breaches and identity theft in the past, and it's better to err on the side of caution. Instead, consider alternative methods of account verification that do not require sharing your social security card.
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• Muhamad AlfariziNov 29, 2023 · 2 years ago
  No way! Don't give your social security card to Robinhood for cryptocurrency transactions. It's like giving away the keys to your identity castle. Keep that card locked up tight and only share it with trusted entities. There are other ways to verify your account without exposing such sensitive information. Stay safe out there!
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• Klinge BojesenApr 17, 2022 · 3 years ago
  While I cannot speak specifically about Robinhood, as a representative of BYDFi, I can assure you that our platform takes the security and privacy of our users very seriously. We have implemented robust measures to protect user data and comply with regulatory requirements. However, it is always advisable to exercise caution when sharing sensitive information online. Consider using alternative methods of verification or reach out to Robinhood's customer support for more information on their security protocols.
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