Are utility bills considered valid proof of address for cryptocurrency transactions?

3 answers

• michelamaniprogNov 08, 2020 · 5 years ago
  Yes, utility bills are commonly accepted as valid proof of address for cryptocurrency transactions. When registering on a cryptocurrency exchange or wallet, you may be required to provide a document that verifies your residential address. Utility bills, such as electricity, water, or gas bills, are often accepted as proof of address because they contain your name and residential address. Make sure the utility bill is recent and matches the name and address you provided during registration.
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• Nitesh JaiswalMay 23, 2021 · 4 years ago
  Absolutely! Utility bills are considered one of the most common and reliable forms of proof of address for cryptocurrency transactions. They provide a clear record of your residential address and are widely accepted by cryptocurrency exchanges and wallets. Just ensure that the utility bill is not too old and clearly displays your name and address.
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• Priyanshu DeyMay 21, 2022 · 3 years ago
  Yes, utility bills are generally accepted as valid proof of address for cryptocurrency transactions. However, it's important to note that different exchanges and wallets may have varying requirements. Some may accept digital copies of utility bills, while others may require physical copies. It's always a good idea to check the specific requirements of the platform you're using to ensure compliance. At BYDFi, we accept utility bills as proof of address, but we also offer alternative options such as bank statements or government-issued documents.
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