What documents can I use to complete KYC verification?

What documents can I use to complete KYC verification?

To complete KYC (Know Your Customer) verification, you’ll typically need to submit documents that prove your identity and residential address. The exact requirements vary by platform (crypto exchanges, banks, fintech apps), but here’s a general list of accepted documents:

1. Identity Verification (Proof of Identity – POI)

You’ll need a government-issued ID with your full name, photo, and date of birth. Commonly accepted documents include:

• Passport (most widely accepted, especially for international platforms).

• National ID Card (e.g., CCCD/VNID for Vietnam, Aadhaar for India).

• Driver’s License (must be valid and not expired).

• Residence Card (for non-citizens, e.g., Green Card in the U.S.).

Note:

• Some platforms require a selfie with your ID or live facial verification to prevent fraud.

• Temporary or photocopied IDs are usually not accepted.

2. Address Verification (Proof of Address – POA)

You must provide a recent document (usually < 3 months old) showing your name and residential address. Accepted documents:

• Utility Bill (electricity, water, gas, internet).

• Bank Statement (PDF or scanned copy, must show your address).

• Tax Statement (e.g., VAT invoice, income tax document).

• Government-Issued Letter (e.g., social security, voter ID).

• Rental Agreement (if it includes your name and landlord’s signature).

Not Accepted:
❌ Mobile phone bills (often excluded).
❌ Handwritten letters.
❌ P.O. Box addresses (must be a physical residential address).

3. Additional Documents (If Required)

Some platforms may ask for extra verification, especially for high-value transactions or business accounts:

• Selfie with ID + Handwritten Note (e.g., “For [Platform Name] KYC, [Date]”).

• Proof of Income (payslips, tax returns – common for P2P lending).

• Source of Funds (e.g., bank statement showing crypto purchases).

• Business KYC (Company registration, Articles of Incorporation, UBO documents).

4. Country-Specific Requirements

• Vietnam: CCCD (Citizen ID) or Passport + recent utility bill.

• U.S.: Driver’s License/SSN + Bank Statement.

• EU: National ID/Passport + Utility Bill (in English or local language).

5. Tips for Smooth KYC Verification

1. Submit Clear Copies:

   • No glare, blur, or cropped edges.

   • Color scans (no black-and-white unless specified).

2. Ensure Consistency:

   • The name/address on your ID must match your POA document.

3. Check Expiry Dates:

   • Rejected if your ID is expired.

4. Use Trusted Platforms:

   • Avoid sharing KYC docs on unverified sites (risk of identity theft).

Where KYC Is Required?

• Crypto Exchanges (Binance, Coinbase, Kraken).

• Banks & Payment Apps (PayPal, Wise, Revolut).

• P2P Platforms (LocalBitcoins, Paxful).

What If You Don’t Have Documents?

• Contact support to ask about alternatives (some platforms accept notarized affidavits).

• Use decentralized platforms with no KYC (but higher risks, e.g., DEXs like Uniswap).

Always verify the platform’s KYC policy before submitting sensitive documents!