Is a bank statement accepted as proof of residency when buying or selling cryptocurrencies?

7 answers

• soraSep 22, 2021 · 4 years ago
  Yes, a bank statement can be used as proof of residency when buying or selling cryptocurrencies. Many cryptocurrency exchanges accept bank statements as a valid document to verify residency. It is important to ensure that the bank statement clearly shows your name, address, and is recent (usually within the last three months). This helps to establish your residency and comply with the exchange's KYC (Know Your Customer) requirements.
  437

  219
• Jonathan KwonAug 22, 2024 · a year ago
  Absolutely! A bank statement is commonly accepted as proof of residency in the cryptocurrency world. It's a convenient and reliable document that clearly shows your address and is issued by a reputable financial institution. Just make sure that the statement is up-to-date and includes your full name and residential address. This will help you pass the verification process smoothly and start trading cryptocurrencies hassle-free.
  431

  144
• AlthaSong02Jul 08, 2020 · 6 years ago
  Yes, a bank statement is generally accepted as proof of residency when buying or selling cryptocurrencies. However, it's important to note that different exchanges may have different requirements and may accept alternative documents as well. For example, some exchanges may also accept utility bills, government-issued documents, or even a lease agreement as proof of residency. It's always a good idea to check the specific requirements of the exchange you are using to ensure you have the necessary documents.
  511

  128
• Angel LiraAug 05, 2022 · 3 years ago
  As an expert in the field, I can confirm that a bank statement is indeed accepted as proof of residency when buying or selling cryptocurrencies. It is a commonly used document that provides a clear record of your address and is widely recognized by cryptocurrency exchanges. However, it's worth noting that some exchanges may have additional requirements or may prefer alternative documents such as utility bills or government-issued IDs. It's always best to check the specific requirements of the exchange you plan to use.
  523

  105
• ianfish214Nov 01, 2025 · 3 months ago
  At BYDFi, we accept a bank statement as proof of residency when buying or selling cryptocurrencies. It is a widely recognized document that helps us verify the residential address of our users. However, it's important to note that different exchanges may have different requirements, and some may prefer alternative documents such as utility bills or government-issued IDs. It's always a good idea to check the specific requirements of the exchange you plan to use.
  465

  78
• Souleymane TimboAug 13, 2025 · 6 months ago
  Definitely! A bank statement is commonly accepted as proof of residency when buying or selling cryptocurrencies. It's a straightforward document that clearly shows your address and is easily verifiable. However, it's worth mentioning that some exchanges may have additional requirements or may prefer alternative documents such as utility bills or government-issued IDs. It's always a good idea to familiarize yourself with the specific requirements of the exchange you intend to use.
  484

  70
• Sigitas PetrauskasApr 15, 2022 · 4 years ago
  Yes, a bank statement is generally accepted as proof of residency when buying or selling cryptocurrencies. It provides a clear record of your address and is widely recognized by most cryptocurrency exchanges. However, it's important to note that some exchanges may have additional requirements or may prefer alternative documents such as utility bills or government-issued IDs. It's always a good idea to check the specific requirements of the exchange you plan to use to ensure a smooth verification process.
  509

  64