WHAT DOCUMENTATION IS REQUIRED TO INVEST IN CRYPTO ARBITRAGE?

A guide on what documentation is needed to start ARBING

The documentation required to invest in cryptocurrency arbitrage include:

  • A South African ID Book or Card
  • A Proof of Address (must be less than a month old)
  • A Proof of Funds (A bank statement proving the funds are indeed available)
  • A Source of Funds
    • This is a statement that proves the funds invested in the arb are indeed your own and come from legal activity. It is important you provide a SoF (Source of Funds) that is deemed appropriate, or the banks will merely refuse to open an offshore account for you. OVEX is thorough when it comes to SoF so be sure to provide adequate proof that the funds are of your own account.