# KYC and identity checks when buying crypto in the UK

FCA-registered crypto firms must verify your identity with photo ID and often proof of address before you trade. From January 2026, many must also collect your National Insurance number or UTR for HMRC under CARF. Refusing can block your account or lead to a penalty.

## Key facts
- KYC is required under UK anti-money laundering rules.
- Passport or driving licence plus a selfie is typical.
- Verification can take minutes or a few days.
- CARF may require NI number or UTR from 2026.
- Never send ID documents to someone who cold-calls you.

## Why exchanges ask for ID

The Money Laundering Regulations require crypto firms to identify customers and monitor transactions. This reduces fraud, money laundering and terrorist financing. Every major FCA-registered UK platform runs KYC before you can deposit pounds or withdraw crypto.
## What you typically need

Photo ID (passport or driving licence), a selfie or video match, and sometimes proof of address (utility bill or bank statement). Details must match your bank account name for withdrawals.
## Enhanced checks for larger amounts

Higher limits or unusual activity may trigger source-of-funds questions — where your money came from. This is normal compliance, not necessarily suspicion of wrongdoing.
## CARF and tax details from 2026

From 1 January 2026, in-scope UK crypto service providers must collect information for HMRC’s Cryptoasset Reporting Framework, including tax residence and National Insurance number or Unique Taxpayer Reference where applicable. Failure to provide accurate details can result in an administrative penalty of up to £300.
## Protect yourself from fake KYC requests

Only upload documents through the official app or website you verified on the FCA register. Scammers impersonate exchanges and ask for ID via email or WhatsApp to steal your identity. Real firms never ask for your seed phrase.

## FAQs
### Can I buy crypto without ID in the UK?

FCA-registered firms cannot serve you without KYC. Peer-to-peer or unregistered platforms carry higher scam and legal risk.

## Sources

- [HMRC — Information for individuals (CARF)](https://www.gov.uk/guidance/information-you-need-to-give-to-uk-cryptoasset-service-providers)
- [FCA — Cryptoassets](https://www.fca.org.uk/consumers/cryptoassets)

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— Digital Assets UK (https://digital-assets.co.uk/buying/kyc-verification-uk/), reviewed 2026-06-23. Source: https://www.gov.uk/guidance/information-you-need-to-give-to-uk-cryptoasset-service-providers