The twists and turns of exchange registration

When I wrote an article on Matters, I didn't intend to convert Likecoin into cash at first, I just wanted to record my investment history in words, or let others follow it, but since there are ready-made virtual currencies that allow me to conduct research, Transferring Likecoin to an exchange seems like a good start.

Unexpectedly...my nightmare started like this...

BitAsset exchange account opening

At the beginning, I referred to many seniors’ account opening and trading articles on Matters, and found that there are not many people who can trade Likecoin, so I want to make it simple, I use the Taiwanese exchange BitAsset, the interface is in Chinese and it is convenient, but the disadvantage is that it must be Deposit a transaction fee to transfer from liker land .

Just as I was still thinking about the handling fee, a large number of disasters were suddenly reported on Matters, and everyone was in trouble on BitAsset. I don’t think I need to explain the details.

Looking back now, I should say that it was because of bad luck that I didn’t do it, or because I was lucky and didn’t run into trouble . In short, my first account opening ended in failure.

Opening an Account on Liquid Exchange

For the impact of BitAsset on me, I am worried about the security of the virtual currency platform. Will it suddenly declare bankruptcy one day and freeze my funds directly (although losing Likecoin is not a loss for me at all), So I just wait and see which other platforms are successful in opening accounts.

At this time, someone shared that Japan's Liquid exchange, which is currently one of the world's largest exchanges, accepts Likecoin transactions at the same time. The point is that it adopts a method similar to stock spreads in terms of trading, and does not need to deposit an amount in advance like BitAsset. fee, but a bit of currency directly from the transaction, which is quite convenient and suits my needs.

Before opening an account, I already knew that Liquid's English address verification was very difficult , but others could succeed, so why couldn't I, so I prepared various materials to try to clear the customs.

Three documents required for verification

• National identity document
• Personal photos, clear selfies are also available
• Proof of Address, such as utilities, bank statements, government letters , etc. The document must have the name on your identification document printed on it

English version of household registration transcript

Sure enough, all the previous documents passed the customs smoothly, but the address verification was stuck, because I wanted to try it with the Chinese credit card statement (where did the English version of the credit card statement come from), it seems that it is not so easy to pass through, so I have to be serious Click on the English version of the household registration transcript recommended on the Internet, after all, I don't have a utility bill. So I went to the household registration office to apply for an English household registration transcript , spent 100 yuan for the application fee, and uploaded the file again, but it still failed. I immediately contacted the online customer service of Liquid Exchange.

 ✉ Reply below As much as I would like to approve this document for you, it is not one of our supported documents. We only support utility bills (gas, water, electricity), bank statement or tax related documents for this field.
We now require Proof of Address documents to be in English since Liquid is in the process of applying for a license under Singapore's Payment Services Act (PSA) for the provision of Digital Payment Token (DPT) services. The Monetary Authority of Singapore requires all licensees to comply with strict anti-money laundering (AML) and know-your-customer (KYC) practices.

Video Verification

It shouldn't be a problem for others to succeed, but when I tried it, I was rejected. It seems that I had to use the video verification of the last resort.

I referred to the complete tutorial on opening an account and registering with Liquid, an exchange that is loyal to writing , and finally passed KYC . I asked my customer service staff if they could use video to verify the address. At this time, I was already holding on to wait and study how to use video software. , as a result, everything is not as promised, I still need to upload the files they regulate.

 ✉The following replyUnfortunately, the video team cannot expedite the proof of address requirement. We would still follow the same rules that our KYC team follows for Proof of Address documents.
Proof of address can be any of your utility bills (gas, water, electricity), bank statement or tax related documents. It should be in English, issued within the last 3 months, has your name, complete address and in whole page.

English version of credit card statement

It doesn't matter, it doesn't matter, I only have the last way to choose, the English version of the credit card bill , so I have no choice but to try to call the back of each credit card.

 📞Sorry during the call, the customer service staff are currently busy, you can press # to turn to the digital customer service to help you quickly deal with it.

It starts like this for more than ten calls a day. When will I be able to get through successfully? Unable to bear it, I finally gave up my mind and put the phone aside, to see how long it would take for the customer service to handle it, and turned on the amplifier. while doing my thing. I don't know when a voice came, hello, hello, I didn't respond at first, and then I remembered that I was on the phone, and hurried to apply for the English version of the credit card bill.

As everyone knows, various credit card companies do not have such services , no wonder I have not seen anyone using this method to pass address verification on the Internet, and all my methods have ended in failure.

Unfortunately, at that time, there happened to be news that "the Japanese cryptocurrency exchange Liquid was hacked, and the hackers stole nearly hundreds of millions of dollars of cryptocurrency". Could it be because of this reason that the application for opening an account has become extremely strict? , In short, the account opening of Liquid exchange failed.

Digifinex Exchange

The registration process of Digifinex exchange is actually quite fast and simple. I applied for it the day before and passed the next day. Why did the previous account opening have twists and turns, but Digifinex exchange needs to download its APP with a mobile phone first. The advantage is that you can use gestures to open the APP. There is no need to enter mailboxes, verification codes , etc., but the disadvantage is that the security of login is greatly reduced.

I tried almost all the exchanges to open an account, and finally I succeeded. After that, I really want to use Likecoin to study what virtual currency is all about. Please refer to the various challenges you may face. Maybe there is something wrong in a certain part. Others may have different problems when they try, so everyone can try it out.