Coinbase is one of the popular brokerage sites in terms of cryptocurrency. Now, Bitcoin is infamous or rather a well-known form of cryptocurrency. But, apart from that, there are other forms such as Bitcoin Cash, Ethereum, Litecoin, Tezos and others. Coming to Coinbase is a brokerage exchange website where you can trade in cryptocurrency. Here, you can see millions of users trade online from more than 100 countries across the globe.
Also, Coinbase comes with some helpful security and privacy features. Some of these include vault protection, insurance, recurring buys, and more. On top of that, registering yourself on this platform is as simple as creating any other account. Create your account, link your bank, and then start trading. Not to mention, you do get a $5 bonus amount if you register for the first time.
Well, all of that is fine. But, even at times, Coinbase comes with its own set of errors and issues. Now, one such error is when Coinbase shows that the account is restricted. So, if you Sign in to your account and try to add a payment method under the payments section then this error appears. Also, many users have reported a similar issue in their case. So, in this article, we will provide you with a proper solution to this problem. On that note, let’s get started.
How to fix Account restricted problem in Coinbase:
First of all, it is mandatory to keep all of your details clear and transparent. Now, these include your Full Name, Contact number, email address, and other required documents. As you know, Coinbase deals with the currency it is advisable to cross-check all the account details properly. For instance, the First Name and Last Name should be in proper order. So, such small details may matter a lot.
Now, once you have cleared the basics, it is time to get into the process. First of all, visit the Coinbase official website on your laptop or computer and log in to your account. After that, you can see the Dashboard of your account. Here, enter the URL address www.coinbase.com/verify-identity and press enter. Now, you will redirect to the page where you need to enter the supporting document. It includes a passport, driving license, or any other such document proof as per the residential region.
In the same way, change the URL to www.coinbase.com/verify-document. Now, upload the compatible photocopy of the same. Do note the size and format of the documents supported. Finally, you can see the verification status on your screen and trade with your account as earlier.
In summary, these simple steps will help you to solve the restricted account issue in Coinbase. If you cannot solve the problem, then no need to worry. You can contact the official support for better and personalised assistance. Also, it is a known issue, and the team may come up with an update soon. On that note, share this how-to guide with your friends who may be facing a similar issue.