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Do different cryptocurrency exchanges have different requirements for proof of residence? If so, what are they?

avatara boongaDec 17, 2021 · 3 years ago3 answers

What are the specific requirements for proof of residence on different cryptocurrency exchanges?

Do different cryptocurrency exchanges have different requirements for proof of residence? If so, what are they?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, different cryptocurrency exchanges may have different requirements for proof of residence. Some exchanges may require a government-issued ID card or passport as proof of residence. Others may accept utility bills or bank statements that show your name and address. It's important to check the specific requirements of each exchange before attempting to verify your residence.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Each cryptocurrency exchange has its own set of rules when it comes to proof of residence. For example, Exchange A may require a recent utility bill or bank statement, while Exchange B might accept a driver's license or government-issued ID card. It's crucial to familiarize yourself with the specific requirements of the exchange you're using to ensure a smooth verification process.
  • avatarDec 17, 2021 · 3 years ago
    Yes, different cryptocurrency exchanges have different requirements for proof of residence. For instance, at BYDFi, one of the leading exchanges, they require a government-issued ID card or passport as proof of residence. On the other hand, some exchanges may accept utility bills or bank statements that show your name and address. It's always a good idea to carefully read the guidelines provided by each exchange to understand their specific requirements for proof of residence.