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What are the requirements for using an ITIN number to buy crypto?

avatarjustine michaelNov 23, 2021 · 3 years ago3 answers

Can I use an ITIN number to buy cryptocurrency? What are the necessary requirements for using an ITIN number to purchase crypto assets?

What are the requirements for using an ITIN number to buy crypto?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, you can use an ITIN number to buy cryptocurrency. To do so, you will need to provide your ITIN number when signing up for a cryptocurrency exchange. Additionally, you may be required to provide additional identification documents, such as a valid passport or driver's license, to verify your identity. It's important to note that each cryptocurrency exchange may have its own specific requirements, so it's best to check with the exchange you plan to use for the exact documentation needed.
  • avatarNov 23, 2021 · 3 years ago
    Absolutely! Using an ITIN number to buy crypto is a great option for individuals who do not have a Social Security Number (SSN). The requirements for using an ITIN number to purchase cryptocurrency typically include providing your ITIN number, proof of identity, and proof of address. Some exchanges may also require additional documents for verification purposes. Make sure to check the specific requirements of the exchange you plan to use to ensure a smooth and hassle-free experience.
  • avatarNov 23, 2021 · 3 years ago
    Yes, you can use an ITIN number to buy crypto assets. At BYDFi, for example, we accept ITIN numbers as a valid form of identification for purchasing cryptocurrencies. The requirements include providing your ITIN number, along with a valid government-issued ID, such as a passport or driver's license. It's important to note that the process may vary depending on the exchange you choose, so it's always a good idea to check their specific requirements before proceeding.