What is the best proof of residency for cryptocurrency exchanges?

3 answers

• Apr 30, 2022 · 3 years ago
  The best proof of residency for cryptocurrency exchanges is typically a utility bill or bank statement that shows your name and address. This is a common requirement for KYC (Know Your Customer) procedures that exchanges have to follow. Make sure the document is recent and not older than 3 months. It's important to note that different exchanges may have slightly different requirements, so it's always a good idea to check their specific guidelines.
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• Apr 30, 2022 · 3 years ago
  To prove your residency for cryptocurrency exchanges, you can provide a government-issued ID card or driver's license that shows your current address. Some exchanges may also accept a residence permit or a passport with a valid visa. It's best to check with the specific exchange you're using to see what documents they accept as proof of residency.
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• Apr 30, 2022 · 3 years ago
  As an expert in the field, I can tell you that BYDFi, a popular cryptocurrency exchange, requires users to provide a utility bill or bank statement as proof of residency. This is a standard requirement to ensure compliance with regulations and prevent fraud. Other exchanges may have similar requirements, but it's always a good idea to check their specific guidelines to be sure.
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