Customer ID Verification: Tips to make it easier and why it’s important

Bittrex Team
Apr 17, 2018 · 3 min read

It’s great to see the tremendous interest from folks who want to register with us. Since not everyone is familiar with the registration and ID verification process, we thought we’d tell you how to avoid the most common pitfalls we see customers experience during this process.

We’ve improved our automated ID verification systems to make the process state-of-the-art, fast, and painless. In fact, the vast majority of our customers get verified in less than 15 minutes.

Please use the tips below to help you get your identity verified quickly and start using our world-class trading platform as soon as possible.

In case you’re wondering, there are several reasons why new customers need to verify their identity including:

  • It provides a layer of security for everyone trading on Bittrex by helping to prevent theft, fraud and abuse of the trading platform.
  • The law requires us to comply with “Know-Your-Customer” regulations, which helps us ensure that folks aren’t using Bittrex to launder money or help terrorists.
  • We also have to comply with international sanctions and other complicated regulations that govern our industry, restricting the types of places and people who can do business with U.S. companies like ours.

This is pretty much the same requirement that any bank or stock broker has. It isn’t really complicated, but we have to do it.

We’re really excited that so many new customers want to join us on this journey, and we hope you enjoy our updated website and trading on Bittrex.

For more information about Bittrex ID verification visit: https://support.bittrex.com/hc/en-us/articles/231701788

Bittrex

Bittrex is a global leader in the blockchain revolution.

Bittrex Team

Written by

We’re hard at work on Bittrex

Bittrex

Bittrex

Bittrex is a global leader in the blockchain revolution.