Is a utility bill sufficient as proof of residence for cryptocurrency transactions?
Lob MandalDec 17, 2021 · 3 years ago3 answers
When it comes to cryptocurrency transactions, can a utility bill be considered as enough proof of residence? Is it a reliable document for verifying one's address in the crypto world?
3 answers
- Dec 17, 2021 · 3 years agoYes, a utility bill can be used as proof of residence for cryptocurrency transactions. It is a commonly accepted document that shows your address and can be easily verified by exchanges and platforms. Just make sure that the bill is recent and clearly displays your name and address.
- Dec 17, 2021 · 3 years agoAbsolutely! A utility bill is a solid proof of residence for crypto transactions. It's like saying, 'Hey, I live here!' to the crypto world. It's a document that shows your physical presence and helps prevent fraud and money laundering. So, keep those bills handy!
- Dec 17, 2021 · 3 years agoWhile a utility bill can be considered as proof of residence for cryptocurrency transactions, it's important to note that different exchanges and platforms may have varying requirements. Some may accept it without any issues, while others may ask for additional documents or forms of verification. It's always a good idea to check the specific requirements of the platform you're using.
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