KYC Everywhere ?

[mosprognoz]

Any reputable exchange is asking for KYC and that is OK. But if you are trying to buy more than 5 BTC via USD all of them are asking about documents that are confirming the legality of funds and in many cases such documents are refused. So, what is the solution of this problem? Hiring  a lawyer or an audit company that will confirm the legality of funds ? Or just a bank statement will be enough ?

[1714294700]

1714294700

[1714294700]

1714294700

[1714294700]

1714294700

[1714294700]

1714294700

[shasan]

Any reputable exchange is asking for KYC and that is OK. But if you are trying to buy more than 5 BTC all of them are asking about documents that are confirming the legality of funds and in many cases such documents are refused. So, what is the solution of this problem? Hiring  a lawyer or an audit company that will confirm the legality of funds ? Or just a bank statement will be enough ?

Better to buy from multiple exchanges to avoid such a problem.

[mosprognoz]

Any reputable exchange is asking for KYC and that is OK. But if you are trying to buy more than 5 BTC all of them are asking about documents that are confirming the legality of funds and in many cases such documents are refused. So, what is the solution of this problem? Hiring  a lawyer or an audit company that will confirm the legality of funds ? Or just a bank statement will be enough ?

Better to buy from multiple exchanges to avoid such a problem.

Yes, you are right, but it takes time and for a trader who is trading exclusively via USD/BTC deals that is very uncomfortable.

[mr.relax]

Buy/Sell P2P or OTC

[Naster]

Buy/Sell P2P or OTC

Yes, then you should go for P2P or OTC.

Any reputable exchange is asking for KYC and that is OK. But if you are trying to buy more than 5 BTC all of them are asking about documents that are confirming the legality of funds and in many cases such documents are refused. So, what is the solution of this problem? Hiring  a lawyer or an audit company that will confirm the legality of funds ? Or just a bank statement will be enough ?

Better to buy from multiple exchanges to avoid such a problem.

Yes, you are right, but it takes time and for a trader who is trading exclusively via USD/BTC deals that is very uncomfortable.

After you contacted me, I only asked you about the source of your funds and you stopped responding.... Thus....


P.S: please move your thread to the discussion board. You will get more answer there.

[mosprognoz]

After you contacted me, I only asked you about the source of your funds and you stopped responding.... Thus....

I asked you via PM if you can offer me 5 BTC if I will pay via Swift bank transfer, because I might need to buy such amount in near future. And here is your answer.

Whats the source of your money?
( I mean HOW money reached the account)
Which country is it? and what currency?

Please move your thread to the discussion board. You will get more answer there.

l prefer to close it, because I already received the best answer.

Buy/Sell P2P or OTC