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Are there any specific requirements for proving proof of residence in the digital currency world?

avatarBachmann LindDec 18, 2021 · 3 years ago1 answers

What are the specific requirements for providing proof of residence in the digital currency world?

Are there any specific requirements for proving proof of residence in the digital currency world?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, one of the leading digital currency exchanges, the specific requirements for proving proof of residence include providing a government-issued ID, such as a passport or driver's license, and a recent utility bill or bank statement. Additionally, users may need to go through a verification process that includes submitting additional documents and completing a video call. These measures are in place to ensure the security and compliance of the platform, as well as to protect users from fraudulent activities.