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What are the alternative options for providing acceptable proof of address in the digital currency space?

avatarGrossman MorrisonDec 18, 2021 · 3 years ago3 answers

In the digital currency space, what are some alternative options for individuals to provide acceptable proof of address?

What are the alternative options for providing acceptable proof of address in the digital currency space?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One alternative option for providing acceptable proof of address in the digital currency space is through the use of utility bills. Users can submit scanned copies or photos of their recent utility bills, such as electricity, water, or gas bills, which clearly display their name and address. This can serve as a valid proof of address for digital currency platforms.
  • avatarDec 18, 2021 · 3 years ago
    Another option is to provide a bank statement. Users can submit a recent bank statement that shows their name and address. This can be used as proof of address in the digital currency space, as it is an official document issued by a financial institution.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, one of the alternative options for providing acceptable proof of address is through the use of a government-issued ID card. Users can submit a scanned copy or photo of their ID card, which typically includes their name and address. This can be a reliable proof of address for digital currency transactions.