Can I buy/sell bitcoin without registration and verification?

 

No, you will need to register on Armoney and verify your email id. You will also need to provide a pan card along with address proof, and a phone number to complete the verification process. Once verification is complete, you will be able to buy/sell bitcoin through your Armoney account

 

 

I am unable to upload my PAN card and address proof images to the website, what do I do?

 

 

In the rare event of this happening, please check the size of your attachment. Make sure that the total size of the attachment is less than 10MB and the files are of jpeg/jpg/png formats.

I don't have a PAN card; can I still be a registered user on Armoney

 

 

I don't have a PAN card; can I still be a registered user on Armoney?

 

Unfortunately, you cannot trade or transact on Armoney without a PAN card

 

 

Why is PAN card mandatory?

 

As all transactions occur between bank accounts, it is a self-regulatory requirement for us to know the sender/ recipient within a transaction. To comply with KYC/ AML regulation and to protect users from illegal activities we are required to collect a copy of your PAN card. It uniquely identifies you as an individual or institution performing a particular transaction. When filling out your profile, please ensure your name should match the one on your PAN card.

 

 

Is my verification permanent?

 

Indian regulations require user verification once per year. We, therefore, may contact you requesting you to provide/update scanned copies of your PAN card and address proof, or to acknowledge the information and documents you have submitted before continues to be valid

 

 

How do I open an Armoney Business account?

Indian regulations require user verification once per year. We, therefore, may contact you requesting you to provide/update scanned copies of your PAN card and address proof, or to acknowledge the information and documents you have submitted before continues to be valid.