Can I use a utility bill as proof of residence for cryptocurrency transactions?

3 answers

• Razoun MishuMay 18, 2021 · 4 years ago
  Yes, using a utility bill as proof of residence for cryptocurrency transactions is a common practice. It helps establish your residency and can be used to verify your identity. Make sure the bill is recent and clearly shows your name and address. This will help prevent any potential issues or delays in the transaction process.
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• Frankline Kibogo JoelDec 25, 2020 · 5 years ago
  Absolutely! A utility bill is a valid document to prove your residence when dealing with cryptocurrency transactions. It's a convenient and widely accepted method to verify your identity and establish your residency. Just ensure that the bill is not too old and clearly displays your name and address.
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• nidzoDec 11, 2024 · 7 months ago
  Sure, you can use a utility bill as proof of residence for cryptocurrency transactions. It's a standard requirement to verify your identity and establish your residency. However, different platforms or exchanges may have their own specific guidelines, so it's always a good idea to check their requirements before proceeding. For example, at BYDFi, we accept utility bills as proof of residence for our cryptocurrency transactions.
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