Can I provide a wifi bill as proof of residency when buying digital currencies?

Is it acceptable to use a wifi bill as proof of residency when purchasing digital currencies? I recently moved and my utility bills are not yet available. Can I use my wifi bill instead?

3 answers
- Yes, you can use a wifi bill as proof of residency when buying digital currencies. Many exchanges accept various forms of proof of residency, including utility bills, bank statements, and government-issued documents. A wifi bill can serve as a valid proof of residency as long as it clearly shows your name and current address. However, it's always best to check with the specific exchange you're using to ensure they accept wifi bills as proof of residency.
Mar 20, 2022 · 3 years ago
- Using a wifi bill as proof of residency when purchasing digital currencies is generally acceptable. Most exchanges require proof of residency to comply with anti-money laundering (AML) and know your customer (KYC) regulations. A wifi bill can demonstrate that you have a physical address and can be used as a valid proof of residency. However, it's important to note that each exchange may have different requirements, so it's advisable to check their guidelines before proceeding with your purchase.
Mar 20, 2022 · 3 years ago
- At BYDFi, we accept a wifi bill as proof of residency when buying digital currencies. We understand that not everyone has access to traditional utility bills or other government-issued documents. As long as your wifi bill clearly displays your name and current address, it can be used as a valid proof of residency. Our goal is to make the purchasing process as convenient as possible for our users while still complying with regulatory requirements. If you have any further questions, feel free to reach out to our support team.
Mar 20, 2022 · 3 years ago
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