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APPLICATIONPosted by Mateo 🇦🇷 Argentina · 1 month ago

My income is in crypto — will the bank statement still work?

I have the required amount but it came from crypto, so I can't show payslips. The school asks for proof of income. What do I do?
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OFFICIAL ANSWER
Taehyun
TaehyunALLO TEAM
Operations & Local Support · Seoul
What matters is the bank balance certificate, not where the money came from.

Officially, financial ability for a student visa is satisfied by a bank balance certificate. Schools sometimes ask for proof of income on top, and that's where crypto gets awkward.

The practical approach:
- Move the funds to a normal bank account and let them sit for at least 3 months before applying. A seasoned balance raises far fewer questions than a fresh deposit.
- If the school asks for income proof and you can't produce payslips, a sponsor is usually the cleanest path — a parent's account plus a family relationship certificate.
- Exchange statements are generally not accepted as income proof.

Send us the exact document list your school gave you and we'll tell you which items you actually need to solve.
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