I invested some money in cryptocurrencies through Coinbase some time ago, and they’ve been doing rather well this year - to the point where I’m taking some profit.
Now, at the moment I’m not anywhere near the annual ‘top-up’ limit after which I’d have to verify the source of my funds - but it’s not impossible I’ll hit it in the future, so I’m looking to get ahead of the problem.
The source of my funds is Coinbase via its GDAX exchange. As a result, I can’t provide any of the proofs Revolut requests in the app: P45/P60 (I’m self-employed and have neither, and the funds aren’t related to salary anyway), three months of bank statements (the funds have been in cryptocurrencies since purchase, not in a bank account, and the whole reason I’m using Revolut is to avoid the fees associated with receipt of Euros into my primary bank account), or bill of sale for a property (I haven’t sold any property.)
Can someone tell me what I can provide to have the limit lifted ahead of possible further transfers from Coinbase, to avoid the funds being frozen? Would images of my cryptocurrency wallets with the Pound Sterling equivalents clearly displayed suffice? Transaction logs from GDAX/Coinbase? Something else?
@AndreasK, are you the man to talk to about this?
Oh, and Happy Nearly New Year, everyone!