Post
Topic
Board Exchanges
Bitfenix Verification? Why do they need so much personal info?
by
r00t_my_lu_server
on 07/03/2015, 16:54:46 UTC
Bitfenix is asking for way too much information to verify accounts. To my knowledge they are just a Bitcoin Exchange.

Bitfenix is not a regulated commercial bank or a licensed money transmitter. I know they still have to deal with regulations but they just ask for too much.

And why should I trust them with 5 I.D document scans including my passport, drivers license and 1 bank statement and 2 proof of residency docs.

They also want to talk to you by Google Voice & Skype. What exactly for?