Identity Verification Basics
An overview of the identity verification process and why it is important.
For information on Verifying a Business Account click here
Services availability based on identity verification
Transaction Limits based on identity verification
Different verification for different countries
Identity verification Levels
What is Identity Document Verification?
To fully verify your account, you need to provide a government-issued identity document as well as a selfie. This can be done using two methods:
Automated identity verification: this is the same across all countries
Manual identity verification: this is the same across all countries
Our Know-Your-Client (KYC) Policy
For legal and security reasons, Bull Bitcoin may need to verify your identity before you can use Bull Bitcoin's services. Our philosophy is that you shouldn't give more information than required for a particular service. Please understand that:
Not all services require the same levels of identity verification.
Not all identity verification requirements are the same depending on your country.
Identity verification may not be required for some services depending on the transaction amounts.
If you aren't sure what identity verification you need for a particular service, just try to use that service! If you've given enough information, you'll be able to use it. If you haven't, we'll tell you what is missing.
To learn about the identity verification levels, and what services will available to you, go to the Identity Verification section of this guide.
Occupation and Source of Income
For legal reasons, we are required to collect information on the source of your funds. As a result, the verification process requires your occupation and source of income. This needs to be compatible with the transaction volumes you are doing.
Occupation Examples:
Accountant, engineer, trucker, etc.
Source of Income Examples:
Student with money from my parents
I won the lottery
I have an online business
I sold my house
I am retired with a pension
I am an investor
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