Before you start

In many countries buyers and sellers are subject to Know Your Customer regulations. Registering with an exchange or broker will normally entail identity verification. The higher the weekly / monthly purchase amounts the more due diligence will be required on behalf of all parties. In the event that you are moving from fiat to cryptocurrency it will be quite difficult to move fast.

As a starting point it is advisable to be able to provide:-

• Government issued id passport / id card / driving licence
• Utility company proof of address

A number of sellers provide a video interview service as a way to speed up the authentication process.