In this guide, we will show you exactly which countries are restricted and banned from using Coinbase.
Coinbase is a popular crypto exchange with over 140 million users around the world. However, some countries and areas are not supported on the platform. Read on to learn more about Coinbase’s restrictions and limitations.
Coinbase Restricted Countries
Below, you will find a list of Coinbase-restricted countries as of 2024, according to the official Coinbase statement. Singapore is directly banned by Coinbase, while other countries are banned due to the OFAC sanction list.
- Singapore
- Cuba
- Iran
- North Korea
- Syria
- Sudan
- Belarus
- Ukraine
- Russia
- Somalia
- Burma
- Central African Republic
- Libya
- Zimbabwe
- Venezuela
- Yemen
Coinbase Supported Countries
Coinbase is available in over 190 countries from all around the world. Generally, Coinbase supports all countries except for Singapore and OFAC-sanctioned countries.
Check out the full list of Coinbase supported countries here.
Is Coinbase Regulated & Licensed?
Coinbase is one of the largest crypto exchanges, with over 40 million registered users and a daily trading volume reaching over $4 billion. Currently, Coinbase is located in San Francisco, US.
Coinbase is regulated in the United States.
Coinbase is a regulated crypto exchange. The platform has obtained a BitLicense from the NY Department of Financial Services.
Additionally, Coinbase complies with global laws, such as KYC, AML, and sanctions.
Does Coinbase Require KYC?
Yes, Coinbase requires KYC verification. Without verifying your identity, you can not use Coinbase at all.
In order to verify your identity on Coinbase, you must submit the following details:
- ID, Passport or Drivers License
- Proof of address (Bank statement or Utility Bill)
- Facial Recognition (Selfie)
After you have successfully completed the Coinbase KYC verification process, you will have full access to the crypto exchange.
Is Coinbase available in the United States?
Yes, Coinbase is available in the United States. If you are a US citizen, you can use Coinbase to buy and sell digital assets with ease.
Is Coinbase available in Canada?
Yes, Coinbase is available in Canada. If you are a Canadian citizen, you can use Coinbase to buy and sell digital assets with ease.
Is Coinbase available in the United Kingdom?
Yes, Coinbase is available in the United Kingdom. However, UK citizens are restricted from using Coinbase derivatives trading, meaning they can not trade crypto futures with leverage.
If you are from the UK and are seeking a reliable crypto futures exchange with leverage, we recommend you look into Bitget or BingX.
Can I Use Coinbase with a VPN?
Yes, Coinbase can be used with a VPN. However, you can only use a VPN if you are a citizen of a Coinbase-supported country. If you are a citizen in one of Coinbase’s restricted jurisdictions, you can not use the exchange, even with a VPN.
Users from restricted countries can not verify their identity on Coinbase and, therefore, cannot use any of its services.
