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What is the best way to provide proof of address for buying and selling cryptocurrencies?

avatarHuỳnh Nhân Hồ ThịDec 17, 2021 · 3 years ago3 answers

I am new to buying and selling cryptocurrencies and I need to provide proof of address. What is the most effective method to do this?

What is the best way to provide proof of address for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best ways to provide proof of address for buying and selling cryptocurrencies is by using a utility bill. You can use a recent electricity, water, or gas bill that clearly shows your name and address. Make sure the bill is no older than 3 months and that the information is legible. This method is widely accepted by most cryptocurrency exchanges and provides a reliable proof of address.
  • avatarDec 17, 2021 · 3 years ago
    Another option is to use a bank statement. You can provide a recent bank statement that shows your name and address. This method is also widely accepted by cryptocurrency exchanges and provides a valid proof of address. Just make sure the statement is no older than 3 months and that the information is clearly visible.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we recommend using a government-issued ID document that shows your address, such as a driver's license or a passport. This provides a strong proof of address and is accepted by most cryptocurrency exchanges. Just make sure the document is valid and not expired. Additionally, you can consider using a notarized proof of address document, which can provide an extra level of verification.