Bittrex had a tremendous increase in the number if customers who are interested in been registered on Bittrex. Those whose accounts are yet to be verified have been equally trying their best to get on with the verification process. Some have funds stocked up on Bittrex which can’t be withdrawn. These customers have been relieved a bit with the recent easier procedure to get verified trading on Bittrex.
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 trading on Bittrex. Bittrex Recommended
- Snap a pic. You need to take a new photo or selfie of yourself that is different from the picture on your ID when submitting your documents. We can’t stress this enough — we need two different pics of you — the one that’s already on your ID and one that’s different from your ID pic. This is actually the most common reason people have delays with ID verification.
- Carefully read and follow the ID doc requirements before uploading. For example, if you’re uploading your passport, the picture of it needs to include the entire passport or it will be rejected. If the picture cuts off any part of the ID, you’re likely to have problems. Also make sure the photos show the entire front and back of the ID.
- Don’t submit pictures that are blurry, can’t be read or are altered in any way.It’s pretty much impossible to verify that it’s you if the info or pictures aren’t clear. We need to be able to plainly see you and the info to ensure the ID is government-issued. Also, do not black out any information or watermark any of the submitted items. All pics and documents need to be unaltered.
- Typically, for non-U.S. customers, it’s best to use your international passport.These tend to include Latin or Roman alphabet characters on the IDs, and usually result in faster verification.
- Date of Birth on your ID must have a full 4 digit year.
This means that an ID that has mm/dd/yy will be rejected. The year must be yyyy - Please don’t try to open more than one account on Bittrex. While we know it’s exciting to trade on our platform, you’re limited to one account. Trying to open more than one will cause ID verification delays.
- Our awesome and dedicated support team is standing by and ready to help! If you’ve done all of the above and still are having problems getting verified, open a ticket on our the support site. But please don’t open more than one support ticket since it doesn’t make the process go any faster, and in fact can delay it.
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.
From the support site.
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.
Bittrex is really excited that so many new customers want to join them on this journey, and hope they enjoy their updated website and trading on Bittrex.
Gathered From Bittrex Support Site
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