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Signing up for a CoinCorner account in the UK

Ross
Ross
  • Updated

Step One: Create your account

Head to the Registration page and provide some personal information, the email address you want registered to your account, and a password.

We'll send an activation email to the email address you enter, so check your emails and click the link in there to progress your registration. It can be worth checking your junk and spam folders if you don't receive that email.

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Step Two: Provide your contact information

Enter your country of residence, your current residential address and a mobile number we can contact you on for any account related purposes. 

You can change the area code using the dropdown if you have a mobile number from a different location than your current country of residence.

 

Step Three: Upload your identity document

Provide the remaining information required and upload your proof of identity document. Choose the type of document you're uploading and upload it by clicking the Choose File button. 

Our automated verification checks will review what you've provided up to this point, and whether anything further is required will depend on the outcome of that review.

 

Step Four: Provide some source of funds information

In line with current Anti-Money Laundering (AML) requirements we require you to provide some information regarding your source of wealth/funds to register. 

Fill out the Additional Information form and click the Submit button to complete your registration.

If you are an individual with liquid assets of £1m or more and answer 'Yes' for that question then you will be faced with a new screen asking you to confirm your approximate net worth and how that net worth was generated.

 

At this point our system will run an automated address check against the address provided and, if you pass, no address document will be required. If this check fails then you will be asked to upload a proof of address document and, under certain circumstances, a selfie.

Step Five: Complete your investor classification

At this point there is a mandatory 24 hour cooling off period that must be adhered to before you gain full access to your CoinCorner account. UK consumer protection rules require us to give you this 24 hour cool off period so you can consider whether investing in cryptoassets is right for you, but you can continue your account setup in this time by completing your investor classification.

To help you understand more, and decide which of these classifications you fall into, more information on each one can be found here.

 

Step Six: Complete the appropriateness assessment

The final step of the registration process is to complete a short appropriateness assessment to show you have the necessary knowledge and understanding to continue on your investing journey with CoinCorner.

You will face a 6 question quiz where a score of 4 out of 6 is required to pass. If you fail the quiz once you are able to try again straight away, but after 2 failures you will have to wait 24 hours before you can try the quiz again for the third and final time. 

 

Step Seven: Confirm you want to proceed

After completing the process to this point and passing the appropriateness assessment you will be able to access your account once the 24 hour cooling off period has elapsed. To fully complete your registration you just need to confirm one final time that you wish to continue your cryptoasset investment journey with CoinCorner, and upon doing so you will gain full access to your account and all it's functionality.

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This new registration process is only for UK residents, users from other countries will follow the standard registration process that can be found here.

 

Why can't I register for an account?

Only one account is permitted per user, so if you're having trouble registering for an account then there is a chance you have an existing account with us. If this is the case then try logging in with the email address you were trying to register with instead.

 

Have any questions? Get in touch!

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