No different than signing up for any financial account, in order to buy and sell cryptocurrency, US financial regulations require Heaps to collect information to verify your identity. 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.
Your social security number and photo ID are securely processed by Socure, a leading identity verification service trusted by thousands of top financial institutions. This information is encrypted and is not stored by Heaps.