Verify

👁️ Verify your identity, bank account, and intention to buy crypto

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British regulations require cryptoasset providers to verify their customers. The process only takes a couple of minutes and, after verifying, each purchase will only take a few minutes to complete. All files are securely stored on a LUKS-encrypted air-gapped device and only shared with my bank or law enforcement if criminal activity is suspected. You’ll need to send:

  1. A photo of an identity document (a few seconds to take this photo)
  2. A PDF bank statement (a minute to download this from your banking app)
  3. A short video declaration (20 seconds to read this out)

Please see below for full details of these requirements.

📄 Required File 1

A clear photo of your passport’s photo page (most nationalities are accepted), or both sides of a UK driving licence / British Residence Permit. Please make sure that all details are clearly visible and that no edges are cut off.

Legal basis: Regulations require me to verify who you are and your geographic ties (nationality / place of birth).

📄 Required File 2

An unmodified PDF bank statement (not a screenshot) downloaded from the banking app or website that you will use to make payments. This should show:

  1. Your name
  2. Your address
  3. Your sort code and account number
  4. The last two months of transactions

You can submit statements for as many bank accounts you would like to make payments from, and submit further statements in the future if you decide to pay from a new account.

Legal basis: Regulations require me to verify your holdership of the account(s), your residential address, and your ‘source of funds’.

📄 Required File 3

Please record a ‘selfie’ video of yourself HOLDING UP YOUR PASSPORT / DRIVING LICENCE / BRP while reading out these five sentences:

  1. “I, [YOUR FULL NAME], am buying crypto from Jonathan Haywood for my own use and not under pressure from anyone else.”
  2. “I understand that if I send crypto to someone else then I may never get it back.”
  3. “[YOUR EMAIL ADDRESS] is my own email account and under my control.”
  4. “The money I am using to buy crypto comes from [PLEASE STATE YOUR SOURCE OF FUNDS HERE e.g. salary, savings…].”
  5. “I am buying crypto to use for [PLEASE STATE YOUR INTENDED USE HERE e.g. investing, purchasing goods online, international transfers…].”

Legal basis: Regulations require me to verify your ‘liveness’ (that it is really you wanting to buy crypto) as well as your reason for buying bitcoin.

💱 Trade Limits

  • The minimum purchase is £20.
  • For days 1-3 of trading you can purchase up to £250 of crypto per day.
  • For days 4-6 of trading you can purchase up to £500 of crypto per day.
  • For days 7-9 of trading you can purchase up to £1000 of crypto per day.
  • For days 9-12 of trading you can purchase up to £2500 of crypto per day.
  • After these first 12 days of trading you can purchase up to £5000 of crypto per day.

Your current limits will be outlined with each new order you make.

📨 How to submit your files

Please send the 3 files described above (identity document + PDF bank statement + video declaration) via one of the following channels. All communication is encrypted for security. By sending these files you are agreeing for your data to be processed as per my Data Protection, Privacy, and Transparency Policy.

After you have sent all 3 files, please send an email with the subject “VERIFY” to Loading email… using the email address that you would like to register for placing orders. This will trigger the verification of your files and your verification status will be confirmed shortly after. You will then be able to place your first order.

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Already verified with ZedZeroth on LocalBitcoins or LocalCoinSwap?

If you have already sent me the above files via another platform then please email your platform username with the email subject “VERIFY” to Loading email… using the email address that you would like to register for placing orders.