ID Verification All new customer will be required to electronically verify their identity before receiving payment details.
It is a very simple process. Below is a step by step guide to help with any questions you might have.
On the first screen, you must enter your local bitcoins username and tick the boxes. B, Phone number and email address.
If you select drivers license you will also need to choose which state your license was issued by using the box provided. Below are some examples.
At BitFinex you can start trading without verification if you only deposit cryptocurrency. ShapeShift Using ShapeShift you can buy bitcoins with no ID, but that is because you need to buy altcoins or another digital token before buying. If you already have a token like Litecoin or Ethereum then you can buy bitcoins in seconds with no verification.
After you have selected Which form of ID you are how to verify identity for local bitcoin fill the details into the required fields and upload a selfie and trade screen photo with this form of ID. Examples can be found below. If your verification was successful you will see the following screen.
If your verification failed you will see the following screen. Now head back to the localbitcoins.
If you passed the verification tyeman will give you the payment details. If you failed the verification tyeman will review your details and see if the trade can continue or not.
It is extremely important for any Bitcoin, Cryptocurrency or financial based business to have practices in place to protect not only themselves and their customers but the community and even the world from the potential negatives that can arise from money laundering, terrorism financing and not knowing your customer.
It is extremely important for any Bitcoin, Cryptocurrency or financial based business to have practices in place to protect not only themselves and their customers but the community and even the world from the potential risks that can arise from money laundering, terrorism financing and not knowing your customer.
Austrac was established in Australia in to help safeguard Australians both at home and abroad from the effects of money laundering and terrorism funding. To learn more about Austrac you can view their wiki page here.
Yes it is possible but you may run into problems trying to take the trade screen photos. The trade screen photos are compulsory and very important to prevent third-party deposits and scams if you can't manage to get the trade screen photos taken properly let tyeman know and you can resume the trade at a later time when you are able to take the photos correctly.
Yes, unfortunately, localbitcoins.