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Can I use a bank statement as proof of address for a digital wallet?

avataradamKDec 28, 2021 · 3 years ago3 answers

Is it possible to use a bank statement as proof of address when setting up a digital wallet for cryptocurrencies?

Can I use a bank statement as proof of address for a digital wallet?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, in most cases, you can use a bank statement as proof of address when setting up a digital wallet. It is a common practice for digital wallet providers to accept bank statements as a valid document for address verification. However, it is always recommended to check with the specific digital wallet provider to ensure they accept bank statements as proof of address.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! A bank statement is a widely accepted document for address verification. Digital wallet providers understand that many individuals use their bank accounts as a primary means of managing their finances, and therefore, consider bank statements as a reliable proof of address. Just make sure that the bank statement you provide is recent and clearly displays your name and address.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can use a bank statement as proof of address for a digital wallet. At BYDFi, we accept bank statements as one of the valid documents for address verification. It helps us ensure the security and compliance of our platform. However, please note that different digital wallet providers may have different requirements, so it's always a good idea to check with the specific provider before proceeding.