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Are internet bills considered as acceptable proof of residency in the digital currency industry?

avatarGregory ButsNov 27, 2021 · 3 years ago3 answers

In the digital currency industry, can internet bills be used as valid proof of residency? Are they considered acceptable by exchanges and platforms?

Are internet bills considered as acceptable proof of residency in the digital currency industry?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, internet bills can be considered as acceptable proof of residency in the digital currency industry. Many exchanges and platforms require users to provide proof of residency, and internet bills can serve as one of the documents to fulfill this requirement. It is important to note that different exchanges may have different criteria for acceptable proof of residency, so it is always recommended to check the specific requirements of the exchange you are dealing with.
  • avatarNov 27, 2021 · 3 years ago
    No, internet bills are not generally considered as acceptable proof of residency in the digital currency industry. Exchanges and platforms usually require more official and government-issued documents, such as utility bills, bank statements, or government-issued ID cards, to verify a user's residency. Internet bills may not be considered as reliable enough to establish residency due to the ease of forging or manipulating such documents. It is always best to consult the specific requirements of the exchange or platform you are using.
  • avatarNov 27, 2021 · 3 years ago
    As an industry standard, internet bills are not widely accepted as proof of residency in the digital currency industry. Exchanges and platforms often require more official and government-issued documents, such as utility bills or bank statements, to establish residency. While internet bills can provide some evidence of residency, they may not be considered sufficient on their own. It is recommended to consult the specific requirements of the exchange or platform you are dealing with to ensure compliance with their residency verification process.