Without your documents bank may refuse your first transfer.
I am a bit concerned about uploading these documents, so I have the following questions:
1. What is the best way to handle the verification? Is it best to upload the documents before wiring any money (as they suggest), or can I wire the money, hope it goes through, and if it doesn't, then upload my documents?
2. What are the practical risks of uploading these documents? I like privacy, but I am not doing anything illegal. Are there real risks of identity theft, my bank giving me trouble, or some potential for headaches down the road here?
3. It's also possible to trade on BTC-e without uploading these documents by going through OKPay, MoneyPolo, Perfect Money, or Capitalist. All of these options seem pretty complicated and appear to carry extra costs. A SEPA transfer is cheap and really simple, I can do it in five minutes. Are these options worth investigating?
1 . done transfer money wait it go through and asking for upload documents. That is good idea for user but not good for shop. As the requirement from Law. shop have to know who they are dealing with before they do trading. some shop can accept take documents later but what happen if user will refuse for upload document after money already go through ? who will pay for fees in this case ?
2. most of risky for upload documents from point of view of some people that is : not feel safe when give documents online . in fact, if you not working anything with dirty money + you trusted the site . you have nothing to worry when submit document with them.
3. All shop not only BTC-E when you want money go through bank transfer, they should verify you before they accept your money. if website not doing by this way. you should take care of them