I am checking bitfinex’s verification process. It is mandatory in order to use Tether! Not very incentive
Poloniex is much simpler but is out of the question since its tether/BTC walls have a high spread and not always available!
Verification Requirements: Individual Account
- Complete online form
- Age: at least 18 years old.
- Information: telephone number, email address, residential address
- Identification: two forms of valid government issued identification with picture ( ie passport, national ID card, driving license, residency card, employment permit card, etc). If you do not have 2 forms of ID, you can provide only one and contact compliance@bitfinex.com to arrange for a Skype or google hangout call.
- Bank Statement: clearly highlighting your name as the account holder (your first deposit to Bitfinex must come from this account).
- Proof of Address: a statement not older than 3 months from a utility, service company, licensed corporation or government authority clearly indicating your name and residential address.
Please note:
- All documents provided must be in Roman/Latin alphabet or a certified English translation is required.
- All files uploaded must be in pdf, jpeg, png, text (txt), msword
- All fields in the following verification form are mandatory (NA for Non Applicable can be used)
- To avoid possible delays please check the correctness before submitting documents, please double check you do not send the same document twice and possibly forget one.