Non KYC Verification Withdrawal Limits on Crypto Exchanges

Non KYC Crypto Exchanges and Withdrawal Limits

No KYC Crypto Exchanges – Summary

  • MEXC Global: Withdraw up to 30 BTC per 24h with no KYC requirements
  • MEXC, BTCC, BYDFi, Phemex, and HTX allow Non-KYC customers to trade.
  • Some decentralized crypto trading exchanges have no KYC at all.

 

Non-KYC Verification Withdrawal Limits on Crypto Exchanges

The table below shows the different non-KYC verification withdrawal limits for Binance, Kucoin, OKX, MEXC, and Bybit.

Decentralized and non-custodial crypto exchanges have no KYC and no withdrawal limits. 

Bydfi crypto exchange logo

Bitcoin and USD daily withdrawal limits for different KYC levels on the most popular Bitcoin trading sites. See all available free crypto sign-up bonuses in 2024 with terms and conditions.

*ChangeNOW is a non-custodial crypto exchange and will execute crypto exchanges with no KYC as long as the transactions are not marked as suspicious. Read more at the end of the article.

What is KYC verification in crypto?

Know Your Customer (KYC) regulations are mandatory for significant cryptocurrency exchanges because they ensure they comply with regulatory rules and laws.

➤However, some of the top site for crypto trading still allow non-KYC verification withdrawals.

Bitcoin and Crypto exchanges KYC verification policies and requirement - A Bitcoin passport

In the past, cryptocurrency exchanges rarely requested KYC details.

One primary benefit of KYC is that users enjoy higher withdrawal limits. 

What is the time frame for KYC withdrawal limits?

All KYC withdrawal limits are given per a time interval, like daily, weekly, or monthly. 

What currency are the KYC withdrawal limits denominated in?

The withdrawal limits are often denominated in BTC or USD equivalents.

Why do we need KYC in crypto?

KYC verification helps stop money laundering (AML) and financing illicit terrorism.

Who decides about KYC limits in crypto?

Regulators are forcing crypto exchanges to implement KYC procedures. The United States is leading the way in enforcing AML and KYC rules. These new rules encourage crypto businesses in the U.S. to actively monitor fiat-to-crypto and crypto-to-crypto transactions.

Crypto KYC advantages

If you complete the KYC verification, you will get several advantages:

  • Access benefits include higher withdrawal limits, lower fees, and other trading privileges. 
  • KYC procedures also help protect clients’ assets.

MEXC Withdrawal Limits and KYC Requirements

What is KYC by MEXC

Is KYC necessary for withdrawals on MEXC?

For users opting not to undergo KYC verification, MEXC allows a substantial withdrawal limit of 30 BTC per 24 hours, making it a notable no-KYC crypto exchange.

However, for those completing KYC, the withdrawal limits are significantly higher, varying based on different KYC levels.

  • Non-KYC allows a 24-hour withdrawal limit of 30 BTC.
  • KYC1 level allows a 24-hour withdrawal limit of 80 BTC
  • KYC2 level raises this to 200 BTC. 
  • Institutional KYC offers the highest limit at 400 BTC.

MEXC also boasts the maximum crypto leverage of 200x among leading trading platforms.

To engage in trading on MEXC, understanding their KYC levels and associated requirements is crucial:

  • KYC1 (Primary KYC): Requires personal information and identity proof, such as a passport or driver’s license.
  • KYC2 (Advanced KYC): Includes a selfie or face recognition.

The KYC procedure for MEXC Global involves logging into your MEXC account, navigating to the KYC page, and completing the primary verification by providing valid identity proof. Subsequently, you perform advanced KYC with selfie/face recognition through the mobile app.

For more insights into MEXC Global, refer to our detailed MEXC Global Review.

Additionally, you can seize a $1,000 signup bonus with MEXC by reading and agreeing to the terms and conditions.

MEXC Restricted Countries

Currently, MEXC does not provide services in the following countries: North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, the United States, and Canada.

HTX No KYC  Withdrawal Limit

HTX Exchange has a tiered KYC verification system that requires users to provide varying levels of identification information to access different features and withdrawal limits.

HTX is around the 20th in spot trading volume and 20th in derivative trading. It doesn’t allow US traders to sign up.

  • KYC verification is not mandatory for basic trading on HTX, but it unlocks various features and increases limits.
  • Users from certain countries may be restricted from using HTX or completing specific KYC levels. The full list is on the HTX website and also there is a list further down in this article.
  • HTX offers separate KYC verification for depositing and withdrawing USD balances, which a different entity handles.

HTX Crypto Exchange KYC verification levels and Withdrawal limits

HTX KYC 1 Requirement

Information: Nationality, Country of residence, First Name, Last Name, Birthday

HTX KYC 2 Requirement

Upload a government-issued ID (passport, driver’s license, etc.)

HTX KYC 3 Requirement

Information: facial recognition

HTX Restricted Countries

HTX is unable to provide its services to clients who are from the following countries/regions:

Mainland China, Hong Kong, China, Macao, China, Cuba, United States of America, Iran, Canada, North Korea, Japan, Sudan, Syria, Venezuela, Singapore, Crimea (Russian-annexed), Russian Federation, United Kingdom, Democratic Republic of the Congo, Vanuatu, Uganda, Turkey, Trinidad and Tobago, Panama, Pakistan, Nicaragua, Mali, Jamaica, Haiti, Guinea-Bissau, Ghana, Germany, Central African Republic, Cambodia, Barbados, Bahamas, Albania, Palau, Syrian Arab Republic, Belarus, Bolivia, Ecuador, Kyrgyzstan.

Additionally, they are unable to support transactions involving bank cards issued in the following countries/regions:

Afghanistan, Bangladesh, Burundi, Crimea (Russian-annexed), Cuba, Mainland China, Hong Kong, China, Eritrea, Iran, Iraq, Libya, Morocco, Myanmar (Burma), North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe

Read our HTX referral code with review.

Bydfi crypto exchange logo

BYDFi KYC Verification Withdrawal Limit

BYDFi accepts traders from all around the world, including Canada and the USA.

Here are the simple non-KYC withdrawal limits for BYDFi. There are no limitations in features for non-KYC accounts.

You will now receive $50 to do the BYDFi KYC process. Also, you have the chance to collect a lot more signup and deposit bonuses with BYDFi.

  • Non-KYC: 0.5 BTC per 24 H
  • KYC: 10 BTC per 24 H

BYDFi restricted countries

China, Pakistan, Bangladesh, Kazakhstan, Syria, Afghanistan, Iraq, Yemen, Iran

BTCC No KYC Withdrawal Limits

BTCC Summary

  • Launched in June 2011, BTCC is well-known as the oldest centralized derivatives exchange in the Bitcoin sector.
  • Non-KYC requirement for signing up and starting trading.
  • MSB license in Canada, USA, and Some European countries.
  • It is 4th largest derivative crypto trading site in terms of volume and the largest for USA futures trading in terms of volume.
  • The same trading fee for the maker and taker
  • Trading fees start at 0.045% and go down to 0.03%
  • One of the highest bonus amounts among all crypto trading sites, 11,000 USD

Does BTCC require KYC?

No, you can use all trading features on BTCC crypto exchange with no KYC requirements. 
 

BTCC Restricted Countries

As of 2024, BTCC just opened trading for Ukraine and Russia. Still, they have the US MSB license which makes it hard for US sanctioned countries to open an account like Pakistand and Iran. BTCC has no public available list for restricted countries.

BTCC KYC Levels and Requirements

  • No KYC: Account registration with an email
  • KYC 1: Identity verification with ID documents
  • KYC 2: Facial verification with a selfie

Bybit Withdrawal Limits without KYC

The provided table clearly outlines the withdrawal limits for Bybit without KYC verification. For non-KYC users, the withdrawal limit stands at $20,000 per day, and $100,000 per month for cryptocurrency withdrawals.

Regarding KYC verification, the process is designed to be completed within 15 minutes. However, due to its intricacies, it may take a maximum of 48 hours to complete.

You can refer to our detailed Bybit review for a comprehensive understanding of this exchange.

Does Bybit require KYC?

Starting May 2023, non-KYC customers on Bybit can withdraw a maximum of $20,000 daily and $100,000 monthly in cryptocurrency assets.

Non-KYC customers are not permitted access to trading features on the platform and cannot perform fiat withdrawals.

Information Required for Bybit KYC Level 1

To achieve Bybit KYC level 1, the following documents are necessary:

  1. Document issued by the country of origin (passport/ID)
  2. Facial recognition screening

Information Required for Bybit KYC Level 2

To attain Bybit KYC level 2, you must submit proof of your residential address. Bybit accepts the following documents for this purpose:

  1. Utility bill
  2. Bank statement
  3. Residential proof issued by the government

Please read the full terms and conditions provided to understand the terms and conditions and take advantage of the Bybit $30,000 signup bonus.

Also, read the full Bybit review.

OKX No KYC Withdrawal Limit

OKX KYC verification withdrawal limits are specified in the table above.

The verification levels are summarized in the bullet list below. We have further summarized the documents required to fulfill each OKX KYC level.

OKX KYC identity verification requirements and documents

OKX KYC Verification

  • Basic info
    Provide basic information about yourself, such as full legal name, date of birth, and country of residency.
  • ID documents
    OKX accepts valid government-issued IDs, passports, ‌driving licenses, ‌etc. They must meet the following requirements:
    • Include your name, date of birth, issue, and expiration date
    • No screenshots of any kind are accepted
    • Legible and with a visible photo
    • Include all corners of the document
    • Not expired
  • Selfies
    They must meet the following requirements:
    • Your entire face has to be placed within the oval frame
    • No mask, glasses, and hats
  • Proof of Address (if applicable)
    They must meet the following requirements:
    • Upload a document with your current residential address and legal name
    • Ensure the entire document is visible and issued within the last three months.

Read more about the OKX crypto trading platform in our OKX review.

Bitget KYC Verification Withdrawal Limit

From October 1, 2023, Bitget restricts users who have not completed level 1 KYC verification.

Is Bitget KYC mandatory?

In practice, yes. Still, Non-KYCs will be able to

  • withdraw
  • cancel orders, redeem subscriptions, and close positions
  • but are restricted from creating new trading orders.

Bitget KYC total withdrawal limits

Non-KYC users: USD 20,000 per 24 hours and $100,000 monthly.

KYC users: Value of USD 3,000,000

Documents for Bitget identity verification

Level 1: ID card, passport, driver’s license, and proof of residence.

Bitget Identity verification requirements:

  • You must be 18 years old to complete the identity verification process.
  • Each account can only be verified once.

Bitget restricted countries

Bitget does not provide services to users from the following countries/regions: Canada (Ontario), Crimea, Cuba, Hong Kong, Iran, North Korea, Singapore, Sudan, Syria, and the United States.

Bitget $30.000 Signup and Deposit Bonus

Binance KYC Verification Withdrawal Limit

As described above, Binance has started denominating its withdrawal limits in BUSD rather than Bitcoin.

For verification levels, Binance has

  • 160.000 BUSD for unverified accounts
  • 8 M BUSD for verified accounts
  • If you need more significant withdrawal limits, you need to have certain VIP status.

Note: If you do not complete the KYC process, you cannot access all the features on the Binance cryptocurrency exchange.

Binance 160K BUSD Daily Withdrawal Limit Requirements

To be able to withdraw up to 160.000 BUSD daily you need to register either a telephone number or a 2FA method (Binance or Google)

  • Telephone number, Binance authentication, or Google authentication

Binance 8M BUSD Daily Withdrawal Limit Requirements

To reach the 8M BUSD daily withdrawal limit, you need to accomplish the full KYC verification procedure, including:

  • Personal information
  • Government-issued ID
  • Facial recognition
  • Proof of address
  • Questionnaire

Binance VIP 4-9

For VIP levels 4-9 you can reach up to 96M BUSD daily withdrawal limit.

Non-KYC Crypto Exchanges

GMX – Decentralized Exchange

GMX is a decentralized spot and perpetual exchange(DEX) that enables users to trade cryptocurrencies directly from their Web 3 wallets. Since it’s a decentralized non-custodial exchange, there are no KYC requirements or withdrawal limits.

The GMX user can trade perpetual futures up to 50x leverage. Read more in our GMX crypto DEX review.

dYdX – Decentralized Exchange

dYdX is a decentralized exchange supporting perpetual trading. dYdX runs on smart contracts on the Ethereum blockchain, allowing users to trade without intermediaries, and has no KYC requirements or withdrawal limits. Go to dYdX review.

ApeX Pro – Decentralized Exchange

ApeX Pro is a decentralized, non-custodial DEX trading exchange created by Bybit. ApeX Pro enables users to access multi-chain permissionless cross-margined perpetual contracts.
 
There are no KYC requirements or withdrawal limits. Read our ApeX Pro review.
 

ChangeNOW – Non-Custodial Exchange

ChnageNOW is a centralized exchange operating non-custodial. You will send the requested amount of the crypto you want to sell and receive your requested crypto at the address you want to.
 
ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, Huobi, OKEx, and Kucoin. At the moment of the trade, they will choose the best exchange rate on the market at any given moment and offer it to you.
 

ChangeNOW has implemented a secret automated risk calculation risk monitor tool.

The risk calculation tool scans all transactions on ChangeNOW and will let your transaction pass with non-KYC requirements as long as it gets a green light.

However, if a transaction is marked as suspicious, the customer is asked to do KYC, and the transaction is paused.

If the KYC requirements are not met, the funds will be refunded.

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