I am considering withdrawing funds from Bybit, but I'm not sure if they require Know Your Customer verification for the withdrawal process. I want to understand if Bybit demands KYC for withdrawing funds.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    MichaelSmith
    Mon Dec 02 2024
   
  
    Users who have successfully completed either the Identity Verification Standard or Advanced are not subject to any monthly withdrawal limits.
  
  
 
            
            
  
    
    SamsungShineBrightness
    Sun Dec 01 2024
   
  
    The withdrawal limits for all tokens are set according to their USDT equivalent value. This ensures a consistent and fair withdrawal policy across all cryptocurrencies.
  
  
 
            
            
  
    
    EmilyJohnson
    Sun Dec 01 2024
   
  
    It is important to note that Bybit may require users to provide KYC (Know Your Customer) verification before approving their withdrawal requests.
  
  
 
            
            
  
    
    Nicola
    Sun Dec 01 2024
   
  
    KYC verification is a standard security measure used by cryptocurrency exchanges to prevent fraud and ensure the legitimacy of transactions.
  
  
 
            
            
  
    
    HanRiverWave
    Sun Dec 01 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet service. These services cater to the diverse needs of cryptocurrency traders and investors.