littrio.blogg.se - august 2022

BITPAY KYC HOW TO
BITPAY KYC VERIFICATION

Make sure the wallet you are sending funds to matches the coin you are going to deposit, sending the wrong coin may result in the complete loss of your funds.In regards to the exchange wallet address we strongly recommend the following:

BITPAY KYC HOW TO

Please refer to your exchange’s help articles to know how to deposit funds. Most exchanges provide a QR code and a button to copy the address like the example below: Going through the deposit flow will provide you with the address where you have to send the funds. In the typical case, you will have many wallets in the exchange and the possibility to deposit funds. Operate in your country : Otherwise, you may not be able to exchange your crypto into fiat money, to your local currency or may have to pay higher fees to move the money to a bank account.Īfter you have created the account on the exchange of your choice and have investigated how to sell the funds on the exchange, you are ready to send the funds to the exchange.We recommend you do careful research to be sure you can trust the exchange you are going to send your funds to. Are very well known and trustworthy : we don’t want you to be scammed or lose your money.What exchange should I use?īitPay does not provide a list of exchanges, nor financial advice, what we suggest is you look for exchanges that:

BITPAY KYC VERIFICATION

It usually involves a KYC (Know Your Customer) process that consists of an identity verification procedure and normally requires the user to upload documents and selfie pictures.Īs the account creation and KYC processes vary from exchange to exchange, we are not going to dive deeper on this matter.

Sell the funds or withdraw the funds to a bank account.Ĭreate an account on a cryptocurrency exchangeĬreating an account on a cryptocurrency exchange is easy and does not differ much from creating an email account.

Create an account on a cryptocurrency exchange that operates in your country.

How do you sell your crypto?Īssuming you already have the crypto that you want to sell in your BitPay wallet, this is what you have to do to sell your crypto: BitPay does not directly buy or sell cryptocurrency, therefore, if you want to sell your cryptocurrency (cash your funds out), you need to do it with a third party.