At Coinmetro, we offer both personal and business accounts to suit your needs. The main difference between them? It comes down to who can deposit funds and how the account is verified.
👤 What Is a Personal Account?
A personal account is designed for individual use.
Key Points:
Funds must be deposited from a bank account in your own name.
You must complete profile verification (KYC) before you can deposit or trade.
Only personal bank accounts are accepted—no third-party transfers.
Ideal for: casual traders, investors, or anyone managing their own crypto portfolio.
🏢 What Is a Business Account?
A business account is designed for companies or legal entities that want to trade or manage crypto on behalf of the business.
Key Points:
Only accepts deposits from a bank account in the verified business name.
If you're a sole beneficial owner, you may deposit from your personal bank account, but the business must still be verified.
Requires additional verification documents related to the business structure and ownership.
Ideal for: companies, startups, or sole proprietors managing business-related crypto activity.
⚖️ Summary: Which One Do You Need?
Feature | Personal Account | Business Account |
Deposit Source | Personal bank account (your name only) | Business bank account or sole owner’s account |
Verification Required | Yes (KYC) | Yes (Business KYC & documents) |
Who Can Use It | Individual users | Companies or sole traders |
✅ Get Started
Whether you're managing personal investments or running a business, Coinmetro has an account type that fits.
FAQs
💼 What documents are needed for a business account?
To verify a business account, you’ll typically need:
Proof of company registration
Shareholder or ownership structure
Proof of address for the business
ID and proof of address for the beneficial owner(s).
Our compliance team will guide you through the exact requirements based on your business type and location.
👥 Can one person have both a personal and a business account?
Yes. If you’re a sole trader or manage both personal and company funds, you may hold both account types—each must go through its own verification process.
🏦 Can I fund my business account from my personal bank account?
Only if you're the sole beneficial owner of the business. Otherwise, deposits must come from the business’s verified bank account.