Overview
Opening an account on Copperx is not just a sign-up — it is a regulated onboarding process designed to be secure, compliant, and tailored to your use case. To ensure your application is processed smoothly and without unnecessary delays, it helps to know in advance exactly what information and documents you will be asked to provide.
Step 1: Decide on Your Account Type
The first and most important thing to clarify is whether you are registering as:
An Individual — for freelancers, remote workers, and individuals receiving or sending payments internationally
A Business — for companies, startups, and incorporated entities looking to use Copperx for payroll, vendor payments, or operational transactions
Your account type determines which KYC or KYB path you are placed on, and the specific documents you will need.
Step 2: Confirm Your Location
You will need to provide:
Your country of residence (for individuals)
Your country of incorporation and primary place of business (for businesses)
This is important because Copperx's services, supported payment corridors, and regulatory requirements vary by jurisdiction.
Step 3: Source of Funds Documentation
You will be required to document the source of funds that will flow through your Copperx account. This is a standard Anti-Money Laundering (AML) requirement.
For individuals, the accepted document is:
An employment agreement or a freelancer / independent contractor agreement
For businesses, the accepted document is:
A service agreement or equivalent business contract that establishes the nature of your revenue
Please ensure your document is valid, clearly legible, and matches the details you submit on your application.
Step 4: Your Intended Use Case
You will be asked to describe clearly how you intend to use the Copperx platform. For example:
Receiving international payments as a freelancer
Paying remote contractors in multiple countries
Converting crypto to fiat and withdrawing to a local bank account
Managing cross-border payroll for a distributed team
A clear and accurate use case description helps our compliance team process your application faster. Vague or incomplete responses may result in delays or additional follow-up.
Tips for a Smooth Onboarding
Ensure all documents are clear, valid, and not expired.
Make sure the name on your documents exactly matches the name you register with.
Provide honest and complete information — inconsistencies between your stated use case and your actual transaction patterns may trigger a compliance review later.
If you are a business, prepare your incorporation documents and beneficial ownership details in advance.
What Happens Next?
Once you submit your information, your application enters the KYC or KYB review process. For timelines, refer to our articles on KYC and KYB approval times.