This blog post is part of the CoinMate.io How-To Series
This blog post looks at the registration and verification process on the CoinMate.io bitcoin exchange. Registering is required to deposit, withdraw and trade bitcoin or withdraw and deposit using OKPay, while verification is required if you would like to deposit or withdraw in Euro, Czech Koruna or Polish Zloty. Please note as a policy, we do not open accounts for US Citizens.
Registering with the CoinMate.io exchange is straightforward. Simply select your country, your email address and your password. You also need to accept our terms and conditions. Once you have registered, you will need to check your email and click the activation email to gain access to your account. Once this is done, you can lodge and deposit bitcoin, and trade on the exchange.
If you would like to utilise the exchange to convert bitcoin into any of the currencies we support, we require verification of your identity to comply with anti-money laundering regulations in Europe. This process usually takes no more than one working day, and this can be sped up by contacting our support using the exchange’s chat function.
Individuals are required to securely upload high resolution copies of identity documents. We accept nationally issued photo ID, Passports or drivers licenses. We also require either a utility bill, or a second ID, as well as a copy of a bank statement. For businesses looking to register, we require a Certificate of Incorporation, and we will do further verification of business accounts to ensure that the named individual is a director of the company.
Once the verification process is complete, you will be able to trade on the exchange. So why not sign up to CoinMate.io today!