We are required to keep Know-Your-Customer (KYC) information up to date. As part of this process, we may ask you for supporting documentation regarding Source of Funds and/or Source of Wealth to ensure we remain compliant with regulatory requirements.
Below you will find explanations of Source of Funds and Source of Wealth, along with examples of acceptable supporting documents.
You can upload the documents in the Verification menu of your Deribit account. If you have multiple sources, provide a document for each source.
Source of Funds refers to where the virtual assets that you deposit into your Deribit account come from. It explains the origin of the virtual assets and how you earned or obtained the funds used to purchase them, rather than your overall wealth.
Acceptable source of funds documents
Employment
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A letter from your employer that includes the salary, job title and duration of the employment
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A payslip issued within the last 3 months
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A recent bank statement that shows the incoming salary payments over a period of 3 months
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Freelancers: Business registration document showing the business name and ownership, along with invoices or sales documents reflecting revenue, and bank statements showing payments received from clients.
Savings
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A (digital) bank statement for your savings account, covering transactions from the last 3 months.
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An investment account statement issued within the last 3 months
Virtual Assets trading
A recent profit-and-loss statement from the trading platform(s) where you accumulated your funds. The document must clearly reflect the profit you made with trading virtual assets.
Requirements source of funds proof:
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The profit and loss for the full period starting from the beginning is visible.
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The document shows your name and/or email address, the issue date, and the name/logo of the trading platform.
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Not more than 3 months old.
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A document/screenshot that shows (the assets of) your portfolio without displaying the profit does not qualify as proof of source of funds.
If there are no profit-and-loss statement(s) available, please provide:
(i) a screenshot of your account, showing your name and/or email address; and
(ii) a screenshot of the profit (e.g. profit-and-loss analysis, trading performance).
Property Sale
Property sale documents, containing the property name, sale amount, settlement date, and the percentage or value owned if the property was owned as a partnership.
Sale of shares or other investment
For the sale of shares, we kindly ask you to provide a copy of your brokerage account statement showing the sale of the securities. The statement should include the statement date or period, starting and ending balances, and the name of the brokerage or investment entity.
For the sale of other investments, we kindly ask you to provide a copy of the (signed) sale documentation. This should include the investor’s name, sale amount, settlement date, and the percentage or value of ownership if the investment was owned through a partnership.
Loan
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A copy of the signed loan agreement showing the names of the parties, the loan amount, and the settlement date.
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The loan account statement showing your name and remaining balance.
Company Sale
Business sale records, containing the business name, sale amount, settlement date, and the percentage or value of ownership if the business was owned through a partnership.
Company profits/dividend
A copy of the dividend or profit payout statements. The statements should include the name of the company or entity, the date of payment, and the amount paid. If dividends or profits were received through a partnership or investment vehicle, please also indicate your percentage or share of the payout.
Inheritance
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A copy of the will or grant of probate, including the date of issuance and the amount or assets bequeathed to you.
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A copy of the trust agreement, showing your name, the trust name, and the amount or assets bequeathed to you.
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Conveyance documents.
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Other legal documentation demonstrating the transfer of assets as part of an inheritance.
Gift
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For recurring small gifts, such as allowances and birthday money, provide a bank statement showing the deposits and indicating how long you have been receiving these gifts.
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For larger one-time monetary gifts, provide a gift letter containing the following information:
a. Gifter's full name, date of birth, and residential address
b. Amount gifted to recipient; including currency, amount, and — if applicable for crypto transfers — the originating wallet address and beneficiary wallet address.
c. Date funds were gifted
d. Reason for gift
e. Relationship between receiver and gifter
f. Letter signed and dated by both parties
Maturity/surrender of life policy
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Life insurance policy certificate or contract showing your name as the policyholder, details of the policy, issue date, and maturity/surrender date
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Statement from insurance company confirming the payout amount and bank statement showing receipt of the funds from the insurance company
Pension or social benefits
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Pension distribution statement or social benefits statement issued within the last 3 months, showing the amounts paid
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Bank statement from within the last 3 months, showing direct pension deposits or social benefits deposits into your account
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Tax document issued within the last 12 months showing pension income or social benefits income
Source of Wealth refers to how you accumulated your overall wealth over time. It explains the origin of your total assets, rather than only the virtual assets in your Deribit account.
Acceptable source of wealth documents
Employment
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A letter from your employer that includes the salary, job title and duration of the employment
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A payslip issued within the last 3 months
-
A recent bank statement that shows the incoming salary payments over a period of 3 months
-
Freelancers: Business registration document showing the business name and ownership, along with invoices or sales documents reflecting revenue, and bank statements showing payments received from clients.
Savings
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A (digital) bank statement for your savings account, covering transactions from the last 3 months.
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An Investment account statement issued within the last 3 months
Virtual Assets trading
A recent profit-and-loss statement from the trading platform(s) where you accumulated your wealth. The document must clearly reflect the profit you made with trading virtual assets.
Requirements source of wealth proof:
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The profit and loss for the full period starting from the beginning is visible.
-
The document shows your name and/or email address, the issue date, and the name/logo of the trading platform.
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Not more than 3 months old.
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A document/screenshot that shows (the assets of) your portfolio without displaying the profit does not qualify as proof of source of wealth.
If there are no profit-and-loss statement(s) available, please provide:
(i) a screenshot of your account, showing your name and/or email address; and
(ii) a screenshot of the profit (e.g. profit-and-loss analysis, trading performance).
Property Sale
Property sale documents, containing the property name, sale amount, settlement date, and the percentage or value owned if the property was owned as a partnership.
Sale of shares or other investment
For the sale of shares, we kindly ask you to provide a copy of your brokerage account statement showing the sale of the securities. The statement should include the statement date or period, starting and ending balances, and the name of the brokerage or investment entity.
For the sale of other investments, we kindly ask you to provide a copy of the (signed) sale documentation. This should include the investor’s name, sale amount, settlement date, and the percentage or value of ownership if the investment was owned through a partnership.
Loan
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Acopy of the signed loan agreement showing the names of the parties, the loan amount, and the settlement date.
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The loan account statement showing your name and remaining balance.
Company Sale
Business sale records, containing the business name, sale amount, settlement date, and the percentage or value of ownership if the business was owned through a partnership.
Company profits/dividend
A copy of the dividend or profit payout statements. The statements should include the name of the company or entity, the date of payment, and the amount paid. If dividends or profits were received through a partnership or investment vehicle, please also indicate your percentage or share of the payout.
Inheritance
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a copy of the will or grant of probate, including the date of issuance and the amount or assets bequeathed to you.
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A copy of the trust agreement, showing your name, the trust name, and the amount or assets bequeathed to you.
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Conveyance documents.
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Other legal documentation demonstrating the transfer of assets as part of an inheritance.
Gift
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For recurring small gifts, such as allowances and birthday money, provide a bank statement showing the deposits and indicating how long you have been receiving these gifts.
-
For larger one-time monetary gifts, provide a gift letter containing the following information:
a. Gifter's full name, date of birth, and residential address
b. Amount gifted to recipient; including currency, amount, and — if applicable for crypto transfers — the originating wallet address and beneficiary wallet address.
c. Date funds were gifted
d. Reason for gift
e. Relationship between receiver and gifter
f. Letter signed and dated by both parties
Maturity/surrender of life policy
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Life insurance policy certificate or contract showing your name as the policyholder, details of the policy, issue date, and maturity/surrender date
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Statement from insurance company confirming the payout amount and bank statement showing receipt of the funds from the insurance company
Pension or social benefits
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Pension distribution statement or social benefits statement issued within the last 3 months, showing the amounts paid
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Bank statement from within the last 3 months, showing direct pension deposits or social benefits deposits into your account
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Tax document issued within the last 12 months showing pension income or social benefits income