Well, soon it will be part of the rules: If you have > $500 at a wallet (Money Button, HandCash, RelayX, Volt, etc....) they will need to collect all this info anyway to meet government KYC/AML law. It sounds like you want to give custodianship to a trusted 3rd party, such as a bank. I think this will be what most people choose to do, for sure. We aren't quite there yet, but for instance you could keep your BSV at Bittrex and they already do all this. They take your Passport, a copy of a bank statement, and hold custody of your BSV. Now, whether you trust Bittrex to not be criminals, or to not go bankrupt (which is called "counterparts risk"), that's something YOU have to decide. If you don't trust Bittrex, but you trust USAA bank, then you'll have to wait a long time before you begin seriously using the "metanet" and BSV. This all occurred historically with the advent of the internet. Some trusted new-fangled companies like Amazon or Yahoo, and some didn't. Some trusted fly-by-night orgs with their credit card info or worse. It depends on you and the outcomes. You get to decide how "safe" you want to be, and the outcomes happen anyway. In short, there's no EASY answer. For you? I'd recommend Bittrex, but I'd tell you to make sure you know how to do a withdrawal to a wallet you trust in a jiffy. It's going to be a good skill to have, in the coming future, to know how to move your money around quickly. So if you get the feeling Bittrex is in trouble (like Robinhood basically was bankrupt in March and borrowed from the Fed window to stay afloat), you can just move your money out to Money Button, or vice versa. The key is to stay vigilant and informed, and act quickly the first moment you sense fear.