***Coming Soon***



As a regulated Money Service company operating in the United States, we are required to identify users of our platform. This ensures we remain in compliance with KYC/AML laws in the jurisdictions in which we operate, something that is necessary for us to be able to continue to offer digital currency exchange services to our customers. 247Bits collects and verifies information about you in order to:


a) protect 247Bits and the community from fraudulent users, and

b) keep appropriate records of 247Bits's customers.

 

All U.S. customers who wish to use 247Bits Cash Out Bits Services are required to establish a 247Bits Account by:

 

1.     Providing your name and valid email address, a password and your state of residence,

 

2.     Certifying that you are 18 years or older,

 

3.     Accepting User Agreement and Privacy Policy, and

 

4.     Verifying your identity by submitting the following information:

 

 

Weekly Conversion limits:

 

Up to $1,000 Cash out (weekly limit)

 

o    Proof of Address (bank, phone, electric, gas, water or mortgage statement)

 

o    Government issued ID or DL

 


Unlock up to $2,500 Cash out (weekly limit)

 

o    Proof of Address (bank, phone, electric, gas, water or mortgage statement)

 

o    Government issued ID or DL

 

o    Source of funds

 

o    Income/employment information

 

o    Explanation of activity

 


All U.S. customers who wish to use our Cash Out Bits services (Digital Currency to cash) are required to, at minimum:

 

·         Submit a copy of an acceptable form of identification (i.e. passport, state issued driver's license, or state issued identification card), and

 

·         Submit a utility bill that includes your full name and address matching the form of identification (one of the following: bank, phone, electric, gas, water or mortgage statement)

 

Notwithstanding these minimum verification procedures for the referenced 247Bits Services, 247Bits may require you to provide or verify additional information, or to wait some amount of time after completion of a transaction, before permitting you to use any 247Bits Cash Out Bits Services and/or before permitting you to engage in transactions beyond certain volume limits.

 

You may contact us at (click here) to request larger limits. 247Bits will require you to submit to Enhanced Due Diligence. Additional fees and costs may apply, and 247Bits does not guarantee that we will raise your limits.