No different than signing up for any financial account, in order to buy and sell crypto, US financial regulations require Heaps to collect certain information about you.
This information is used to open a trust account at Prime Trust, our custodial partner. Prime Trust is a licensed and regulated Trust company located in the United States.
Heaps account requirements:
- Must be eighteen (18) years of age or older
- A valid US Social Security Number (SSN)
- A valid US photo ID (e.g. driver's license, ID card, passport)
- A Valid US phone number connected to a smartphone with texting and camera access
- A valid US address
- We do not accept P.O. box numbers for a valid US address
Socure, a secure identity verification service trusted by thousands of top financial institutions, will process your social security number and Photo ID to verify your identity. This information is encrypted and is not stored by Heaps.