common-close-0
BYDFi
Trade wherever you are!

Which methods can I use to prove my residency for digital currency transactions?

avatarpeggyCTDec 25, 2021 · 3 years ago1 answers

What are some methods that I can use to provide proof of my residency when engaging in digital currency transactions?

Which methods can I use to prove my residency for digital currency transactions?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Proving your residency for digital currency transactions can be done in a few different ways. One common method is to provide a utility bill or bank statement that clearly shows your name and address. This document should be recent and issued by a recognized institution. Another option is to provide a government-issued identification document, such as a driver's license or passport, that includes your current address. This can serve as proof of residency, as it is an official document issued by a trusted authority. If you're using BYDFi, they may have specific requirements for proving residency. It's best to consult their guidelines or reach out to their support team for more information. Remember to always ensure the documents you provide are legitimate and not tampered with. This will help establish your residency and comply with the regulations of the digital currency exchange you're using.