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What are the requirements for non-residents to open a U.S. brokerage account for investing in cryptocurrencies?

avatarBeck BisgaardNov 27, 2021 · 3 years ago3 answers

As a non-resident, what do I need to do to open a brokerage account in the U.S. for investing in cryptocurrencies?

What are the requirements for non-residents to open a U.S. brokerage account for investing in cryptocurrencies?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    To open a U.S. brokerage account as a non-resident, you will typically need to provide proof of identification, such as a passport or driver's license. You may also need to provide proof of address, such as a utility bill or bank statement. Additionally, some brokerage firms may require you to have a U.S. tax identification number, such as an Individual Taxpayer Identification Number (ITIN). It's best to check with the specific brokerage firm for their exact requirements and procedures.
  • avatarNov 27, 2021 · 3 years ago
    Opening a U.S. brokerage account as a non-resident for investing in cryptocurrencies can be a bit tricky. You'll need to make sure you have all the necessary documentation, such as a valid passport and proof of address. Some brokerage firms may also require you to have a U.S. tax identification number. It's important to do your research and find a brokerage firm that is willing to work with non-residents and has experience dealing with cryptocurrency investments.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we understand the unique challenges that non-residents face when trying to open a U.S. brokerage account for investing in cryptocurrencies. We have a dedicated team that can guide you through the process and help you meet all the necessary requirements. Our goal is to make it as easy as possible for non-residents to invest in cryptocurrencies and take advantage of the opportunities in the U.S. market.