What are the requirements for non US residents to open a brokerage account for trading digital currencies?

3 answers

• FuturecorpseJun 21, 2020 · 5 years ago
  To open a brokerage account for trading digital currencies as a non US resident, you will typically need to provide identification documents such as a valid passport or government-issued ID. Additionally, you may be required to submit proof of address, such as a utility bill or bank statement. Some brokerages may also require you to complete a Know Your Customer (KYC) process, which involves providing personal information and answering questions about your financial background. It's important to note that the specific requirements may vary depending on the brokerage and the country you reside in.
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• Bikash XettriJun 05, 2022 · 3 years ago
  Hey there! If you're a non US resident looking to open a brokerage account for trading digital currencies, you'll need to gather a few documents. First, make sure you have a valid passport or government-issued ID. You'll also need to provide proof of address, like a utility bill or bank statement. Some brokerages might have additional requirements, such as completing a KYC process. Just remember to check with the specific brokerage you're interested in, as the requirements can vary.
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• Computer_EnthusiastMar 31, 2023 · 2 years ago
  Opening a brokerage account for trading digital currencies as a non US resident is a straightforward process. You'll need to provide some identification documents, such as a valid passport or government-issued ID. Additionally, you may be asked to provide proof of address, like a utility bill or bank statement. Some brokerages may also require you to complete a KYC process to verify your identity. It's important to choose a reputable brokerage that complies with regulatory requirements and prioritizes the security of your funds. BYDFi, for example, is a popular choice among non US residents for its user-friendly interface and strong security measures.
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