Didn't know bitmain required this
so ppl has to proof their source of funds now?
They required this since last year start from August 2018 so this is not new to me and the bad thing is that you cant buy a single miner because they will ask for KYC verification unlike before.
Dear customer,
Thank you for choosing Bitmain!
Our official website https://www.bitmain.com/ will launch the Real-name Authentication on 24/08/2018 00:00 (UTC/GMT +8). Kindly complete the authentication as soon as possible, otherwise purchasing may be restricted/blocked.
1. Due to regulatory compliance requirements, some personal information including name, ID type, ID number, address information will be collected for the purposes of identity authentication. Kindly log in to our official website: https://www.bitmain.com/ -User Center for real-name authentication. The information collected is confidential and will not be disclosed by us to unauthorized third parties without your consent, except when required for the purposes of meeting government, legal or other regulatory requirements.
2. Customers are kindly reminded to provide accurate and truthful information for authentication and not to provide data which is false, or which belongs to third parties. Authentication information may not be modified after the authentication is confirmed.
3. The authentication process will be carried out immediately upon receipt of said personal information, and we will notify you of the authentication result by mail. Our purchase limit structure for the authentication is as follows:
Visit Tweet linked above for the chart. Difficult to format here.
During the transition period（Aug 24th— Sep 24th）, customers who registered our official website before Aug 24th can purchase up to 1 million RMB from our domestic website and up to 150,000 US dollars from our English website；After Sep 24th, the purchase authority will be consistent with the above table based on the authentication results.
4. Revocation of our authorization to collect your personal information is accepted. To do so, please email us at
[email protected] . Upon receipt of such revocation requests, we will no longer collect your information, and any personal information held by us will be deleted from our system in accordance with applicable laws and regulations. Please do note that should the revocation be done, you will not be able to purchase any more through https://www.bitmain.com/. Should you wish to purchase from us again in the future, you will need to go through the authentication process again.
Thank you for your kind attention and please do not hesitate to contact us in case of any clarifications required.
Best regards
Bitmain
