How can I provide a proof of funds statement for cryptocurrency investments?

3 answers

• Dec 25, 2021 · 3 years ago
  One way to provide a proof of funds statement for cryptocurrency investments is to obtain a bank statement that shows your current balance. This statement should clearly display your name, account number, and the balance available for investment. You can then submit this statement to the cryptocurrency exchange or platform you plan to invest with. Make sure the statement is recent and up-to-date to ensure its validity.
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• Dec 25, 2021 · 3 years ago
  Another option is to provide a screenshot or printout of your cryptocurrency wallet balance. This can be done by logging into your wallet and taking a screenshot of the balance page. Ensure that the screenshot clearly shows your wallet address and the balance of your cryptocurrency holdings. This can serve as a proof of funds statement for your cryptocurrency investments.
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• Dec 25, 2021 · 3 years ago
  At BYDFi, we recommend providing a proof of funds statement by obtaining a bank statement that shows your current balance. This is a common practice in the cryptocurrency industry and helps ensure the legitimacy of your funds. Make sure to redact any sensitive information on the statement, such as account numbers or transaction details, before submitting it to the exchange or platform.
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