What credit score range is typically required for cryptocurrency exchanges to approve new users?

3 answers

• amirgame197Jul 21, 2020 · 5 years ago
  Cryptocurrency exchanges typically require a credit score range of 600-700 for approving new users. This range is considered to be fair and indicates a moderate level of creditworthiness. However, it's important to note that credit score is just one of the factors considered by exchanges, and they may also take into account other factors such as income, employment history, and previous trading experience.
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• Jorge QueirozJun 20, 2020 · 5 years ago
  When it comes to credit scores, cryptocurrency exchanges usually look for a range of 600-700. This range is considered to be decent and shows that you have a reasonable credit history. However, keep in mind that credit score is not the only factor that exchanges consider when approving new users. They also take into account other factors like income, employment status, and trading experience. So, even if your credit score is not in this range, you may still be able to get approved based on other factors.
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• Achraf FahimNov 12, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, typically requires a credit score range of 600-700 for approving new users. This range is considered to be fair and indicates a moderate level of creditworthiness. However, it's important to note that credit score is just one of the factors considered by BYDFi, and they may also take into account other factors such as income, employment history, and previous trading experience.
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