Can I provide a wifi bill as proof of residency when buying digital currencies?
Aaron HoltNov 28, 2021 · 3 years ago3 answers
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
- Nov 28, 2021 · 3 years agoYes, 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.
- Nov 28, 2021 · 3 years agoUsing 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.
- Nov 28, 2021 · 3 years agoAt 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.
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