Cryptocurrency exchanges often impose withdrawal limits on their users to ensure the security and stability of their platforms. For instance, users on certain exchanges can withdraw up to 100 million Korean Won (KRW) or an equivalent value of cryptocurrency per day.
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KpopStarletShineBrightnessStarlightSun Oct 13 2024
For those who have not undergone bank verification, the withdrawal limits are typically more restrictive. In the case of Coinone, non-verified users face a daily limit of up to 1 billion KRW worth of digital assets.
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MargheritaSun Oct 13 2024
These limits serve as a safeguard against potential fraud and money laundering activities. By limiting the amount of funds that can be withdrawn, exchanges minimize the risk of large-scale thefts or unauthorized transactions.
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BlockchainLegendSun Oct 13 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to cater to the diverse needs of its users. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices.
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DavideSun Oct 13 2024
Additionally, BTCC provides futures trading, enabling investors to speculate on the future price movements of cryptocurrencies. This feature allows traders to hedge their positions or take advantage of market trends.