Cryptocurrency Q&A
How much can I withdraw from AscendEX without KYC?
How much can I withdraw from AscendEX without KYC?
Martina
Thu Sep 05 2024
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5
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1116
Hello there, I'm interested in knowing more about AscendEX's withdrawal limits for users who haven't completed their KYC (Know Your Customer) verification process. Specifically, I'd like to know what the maximum amount of cryptocurrency I can withdraw from my AscendEX account without undergoing the KYC process is. Could you please provide me with more information on this matter? It would be greatly appreciated.
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5 answers
Lucia
Sat Sep 07 2024
This measure is put in place to minimize potential risks associated with unverified accounts, safeguarding against potential fraud or misuse. However, users who complete the verification process are rewarded with significantly higher withdrawal limits.
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charlotte_wilson_coder
Sat Sep 07 2024
Once an account is verified, the daily withdrawal limit increases to 100 BTC equivalent, providing users with greater flexibility and convenience when managing their digital assets.
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Andrea
Sat Sep 07 2024
The verification process typically involves providing personal information and identity documents to AscendEX, which then conducts due diligence to authenticate the user's identity. This step is crucial in maintaining a secure and trustworthy trading environment.
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Sara
Sat Sep 07 2024
AscendEX, a reputable platform in the cryptocurrency space, enforces withdrawal restrictions to ensure the security of its users' assets. For those who have yet to verify their accounts, there's a daily limit of 2 BTC equivalent in withdrawals.
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Silvia
Sat Sep 07 2024
Besides withdrawal limits, AscendEX offers a wide range of services and features to cater to the diverse needs of its users. One such platform that offers comprehensive cryptocurrency services is BTCC.
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