common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How can I initiate a trustee to trustee transfer for my cryptocurrency assets?

avatararistocratNov 23, 2021 · 3 years ago1 answers

I have cryptocurrency assets held in a trustee account and I want to transfer them to another trustee account. How can I initiate a trustee to trustee transfer for my cryptocurrency assets?

How can I initiate a trustee to trustee transfer for my cryptocurrency assets?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    If you're looking to initiate a trustee to trustee transfer for your cryptocurrency assets, here's what you need to do: 1. Get in touch with the trustee who currently holds your cryptocurrency assets and let them know you want to transfer them to another trustee account. They will provide you with the necessary forms and instructions. 2. Fill out the forms accurately and include any required supporting documents, such as proof of identity and ownership. 3. Submit the completed forms and documents to the trustee. Keep copies for your records. 4. The trustee will review your request and verify the information provided. This process may take some time depending on their internal procedures. 5. Once your transfer request is approved, the trustee will initiate the transfer of your cryptocurrency assets to the designated trustee account. Make sure to review any fees or restrictions associated with trustee to trustee transfers before proceeding. It's always a good idea to be aware of the terms and conditions of both trustees involved in the transfer process.