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All CollectionsCrypto-to-FiatKYB/C Verification (FAQ)
What documents are required for the verification (KYB/KYC)?
What documents are required for the verification (KYB/KYC)?
Max Franke avatar
Written by Max Franke
Updated this week

To meet regulatory standards, typically, the following is required to get verified for Crypto-to-Fiat:

Documents verifying your business

  • Legal presence: Document confirming the company's legal existence (e.g., the certificate of incorporation/incumbency or a recent except from a state company registry)

  • Company details: Articles of association/memorandum/bylaws

  • Ownership structure: A document identifying the company's ownership structure from within the last three months, e.g., a list of shareholders

  • Control structure: A document identifying the company's management structure over the last three months, e.g., a list of directors

  • Proof of address: Proof of address (e.g., utility bill, bank account statement, or company's rental agreement). The document should be no older than 3 months

  • Source of funds (SOF): Proofs of the company's fiat and crypto funds.

    • Fiat: a recent bank statement, a SAFE agreement, financial report, or agreements related to the company's business transactions or revenue streams

    • Crypto: documentation showing the initial investments resulting in your wealth (e.g., statements from other exchanges, screenshots of transactions from unhosted wallets, invoices issued to clients, etc.)

If the company is owned indirectly, we also request the parent company's ownership and Source of funds documents.

For financial/licensed companies, we request a copy of the license and Anti-Money Laundering (AML) documentation.

Documents verifying directors and beneficial owners

  • National ID or passport or residence permit (if residence permit does not include citizenship info, we will have to request additional documents)

  • Proof of address: Proof of address (e.g., utility bill, bank account statement). The document should be no older than 3 months)

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