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What is the right to an account?

Joe Pessi
Sep 27, 2023
2 min read

Updated: Oct 3, 2023

The right to an account guarantees the ability to create a coinsoftworks account and gain access to fundamental cryptocurrency services.


A licensed business may refuse to establish an account for you without providing an explanation. In such situations, it must inform the applicant that he or she may refer the matter to the official law of the user's country of residence in order to obtain the right to an account.


What fundamental cryptocurrency services does coinsoftworks provide?


Possibility of account opening, maintenance, and closure

  • A payment solution (for Internet transactions and cash withdrawals throughout the elligible territories)

  • Account details which can be downloaded at any time

  • The reception of incoming payments

  • Withdrawl via debit or bank transfer from our application

  • Monthly account statements

  • Remote account access via our API

Due to the fact that coinsoftworks is an all-in-one cryptocurrency platform, we cannot accept cash deposits.


How do I submit an application for the right to an account?


If a licensed business refuses to establish an account for you, it must provide you with a "certificate of refusal" if you request one.


This document contains the reason for the denial and is essential to your application for an account. This request can be conveyed in three various

  • The company that refused to establish an account for you can apply for the right to an account on your behalf at no cost, after requesting all supporting documents and having you complete an application form for the right to an account.

  • This request can also be made on your behalf by your departmental council, your welfare office, or associations/foundations (listed on the gov website of your country of residence).


In addition to the letter of denial mentioned above, you must submit the following:

  • A copy of a valid ID document

  • Proof of residence less than three months old

  • If the request pertains to your professional activity, you must provide a document attesting to this activity that is no older than three months.

You can contact us for more information regarding the entitlement to an account.

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