Cryptocurrency Q&A
What is the limit on Gate.io without KYC?
What is the limit on Gate.io without KYC?
Sara
Wed Oct 02 2024
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5 answers
1375
Excuse me, could you clarify for me the limitations on Gate.io's platform for users who have not completed their Know Your Customer (KYC) process? Specifically, what are the withdrawal and deposit limits that these users face? I'm interested in understanding the constraints placed on transactions for those who haven't gone through the KYC verification steps.
5 answers
Lorenzo
Fri Oct 04 2024
The question of how much can be withdrawn from a cryptocurrency account without Know Your Customer (KYC) verification arises frequently among users.
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SeoulSerenity
Fri Oct 04 2024
For those who have not undergone the KYC process, there is a daily limit of 4 Bitcoins (BTC) that can be deposited into their accounts. This limit is in place to mitigate potential risks associated with unverified accounts.
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noah_smith_researcher
Fri Oct 04 2024
Once an account is KYC-verified, however, the deposit limit is lifted, enabling users to deposit as much cryptocurrency as they wish.
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MoonlitCharm
Fri Oct 04 2024
When it comes to withdrawals, the situation is similar. Without KYC verification, users may face restrictions on the amount they can withdraw. Specifically, unverified accounts may have a lower maximum withdrawal limit compared to verified ones.
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TaekwondoPower
Thu Oct 03 2024
For KYC-verified accounts, the withdrawal limit is typically much higher, allowing for greater flexibility and convenience. In some cases, such as with BTCC, a top cryptocurrency exchange, verified users may be able to withdraw up to 5,00,000 (presuming this is a reference to a specific currency amount, but note that it's an unusual format; typically, cryptocurrency amounts are expressed in whole numbers or with decimals).
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