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Bitcoin is said to be an anonymous currency. While it’s true that bitcoin addresses are not linked to any sort of real-world identity, it gets complicated when you try to convert bitcoins into world currency. Mt. Gox recently started requiring real-world identification of its members before they could transfer real-world funds into their accounts, which is a fundamental part of using any currency exchange! Assuming you're not quitting Mt. Gox, here's our guide on how to get verified.

Step 1 – Sign up.

If you haven't joined already, you'll need an account at Mt. Gox. Head over to http://www.mtgox.com, and click the signup link.

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Step 2 – Confirm your email address

Once you've given your username and password, you'll receive an email with a confirmation code that you can either paste into the website or just click the link in the email.

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Step 3 – Fill in your details.

As you are guided through the signup process, you'll be brought to a page where you have to fill in your physical address. Complete this form and click Next.

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Step 4 – Provide Photo ID

Next you'll have to provide a photo or PDF scan of some photo ID. It can be a passport, drivers licence or national ID card. Type in the ID number on the page form, and click the "Choose File" button and select the image or PDF of your card.

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Step 5 – Provide Proof of residency.

Next you'll need to prove you live where you say you do. You can provide a monthly utility bill, Internet bill, cellphone bill, a tax return, residency certificate or medical insurance bill. Again you can provide a photo (.jpg or .png) of the document or a PDF scan. The other stipulation is that the document must have been issued within the last six months.

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Again, click the "Choose File" button to select the corresponding file on your computer. Note, when I first uploaded my pair of scans, for some reason they were rejected. Fortunately, you can upload multiple proofs of residency, so I uploaded another utility bill. Almost instantly, I received an email telling me I was verified.

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Notes on scanning

If you don't have a scanner, or you're in a rush, there are reliable scanning apps out there for your smartphone. We recommend CamScanner for Android and Scanner Pro for the iPhone.

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