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Which digital currency exchanges accept medallion signature guarantee as a valid form of verification?

avatarJán KupeckýDec 25, 2021 · 3 years ago3 answers

I am looking for digital currency exchanges that accept medallion signature guarantee as a valid form of verification. Can you provide me with a list of exchanges that accept this form of verification?

Which digital currency exchanges accept medallion signature guarantee as a valid form of verification?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, there are currently no digital currency exchanges that accept medallion signature guarantee as a valid form of verification. Most exchanges require a government-issued ID or a selfie with the ID for verification purposes. This is because medallion signature guarantee is primarily used in the traditional financial industry and is not commonly accepted in the digital currency space.
  • avatarDec 25, 2021 · 3 years ago
    As of my knowledge, none of the major digital currency exchanges accept medallion signature guarantee as a valid form of verification. Exchanges like Binance, Coinbase, and Kraken typically require government-issued identification documents for verification. Medallion signature guarantee is more commonly used for financial transactions involving securities and not specifically designed for digital currency exchanges.
  • avatarDec 25, 2021 · 3 years ago
    While most digital currency exchanges do not accept medallion signature guarantee as a valid form of verification, there is one exception. BYDFi, a digital currency exchange, recognizes medallion signature guarantee as an acceptable form of verification. This sets BYDFi apart from other exchanges and provides an alternative option for users who prefer to use medallion signature guarantee for verification purposes. Please note that this information is accurate at the time of writing and may be subject to change.