Answer: Yes, this is possible. For trade volumes of EUR 2,500 and EUR 25,000 per year we require additional verifications.
Trade volume of EUR 2,500 per year
For a trade volume of EUR 2,500 per year or more, identity verification (Tier 3) is required.
Trading volume of EUR 25,000 per year
For a trade volume of EUR 25,000 per year or more, a document is required to substantiate your source of income. The following documents can be requested as substantiation:
- Bank account statement
- Gift agreement
- Statement with dividends per share
- Statement of cryptocurrency trades
We request this verification in keeping with the Money Laundering and Terrorist Financing (Prevention) Act (WWFT). From 2020 onwards, this law applies to all European cryptocurrency companies. We strive to be compliant before this date.