Is it possible to open a cryptocurrency brokerage account using an ITIN number instead of a social security number?
lau inDec 26, 2021 · 3 years ago3 answers
I am wondering if it is feasible to open a cryptocurrency brokerage account using an Individual Taxpayer Identification Number (ITIN) instead of a social security number (SSN). Can I use an ITIN to meet the identification requirements for opening a cryptocurrency brokerage account?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is possible to open a cryptocurrency brokerage account using an ITIN number instead of a social security number. Many cryptocurrency brokerages accept ITIN as a valid form of identification. However, it is important to note that not all brokerages may offer this option, so it is recommended to check with the specific brokerage you are interested in. Additionally, some brokerages may have additional requirements or restrictions for ITIN holders, so it is advisable to review their terms and conditions before proceeding.
- Dec 26, 2021 · 3 years agoAbsolutely! You can open a cryptocurrency brokerage account with an ITIN number. In fact, using an ITIN instead of a social security number can be advantageous for individuals who do not have a social security number, such as non-residents or foreigners. Many cryptocurrency brokerages recognize the ITIN as a valid form of identification and allow individuals to open accounts using this number. Just make sure to choose a brokerage that accepts ITIN and follow their account opening process.
- Dec 26, 2021 · 3 years agoYes, it is possible to open a cryptocurrency brokerage account using an ITIN number. At BYDFi, we understand the importance of inclusivity and provide options for individuals who do not have a social security number. Our platform allows users to open brokerage accounts using an ITIN, ensuring accessibility for a wider range of investors. If you are interested in opening an account with BYDFi, simply follow our account opening process and provide your ITIN as the identification number.
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