In this article, we will list all the non KYC verification withdrawal limits on the top Bitcoin crypto exchanges and trading platforms.
However, there is not only withdrawal limits that are connected to the KYC level. Also, trading features, margin limits and trading limits are often connected to the KYC level.
Here, we focus on the withdrawal limits.
What is KYC verification?
Know Your Customer (KYC) regulations are mandatory for major cryptocurrency exchanges because it ensures they comply with regulatory rules and laws. In the past, cryptocurrency exchanges rarely requested KYC details.
One primary benefit of KYC is that users enjoy higher withdrawal limits. However, there are still crypto exchange allowing for non KYC verification withdrawals even if they are much more limited today than in the past.
Non KYC Verification Withdrawal Limits on Crypto Exchanges
In the table below, you can see the different Non KYC verification withdrawal limits for Binance, Kucoin, OKX, MEXC and Bybit.
It’s important to note that Binance withdrawal limits are denominated in BUSD but recalculated in this table with BTC price $50.000.
Bitcoin withdrawal limits for different KYC levels. All withdrawal limits are per 24h.
Binance KYC Verification Withdrawal Limit
As described above, Binance has started to denominated their 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 larger withdrawal limits, you need to have a certain VIP status
Note: If you do not complete the KYC process, you will not be able to 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 on daily basis 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 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.
Read more about the Binance crypto exchange in our Binance review.
Kucoin KYC Verification Withdrawal Limit
Kucoin KYC withdrawal limits can be found in the table below. Here, you also find the limitations for institutional and P2P trading accounts.
Login to your KuCoin account and click “KYC Verification” under your avatar.
- For KYC1 you will be asked for individual information including your country/region of residence, name, and ID number.
- For KYC2 and to get more trading features you will have to “Upload Identity Document Photo”
KuCoin KYC consists of KYC1(Basic Verification) and KYC2(Advanced Verification). Proceed to complete Advanced Verification, you will get more trading benefits.
Read more about the Kucoin in our Kucoin VS Binance article.
MEXC KYC Verification Withdrawal Limit
MEXC has the highest withdrawal limit without the need for KYC verification together with OKX.
Also, MEXC have high withdrawal limits for KYC1 and KYC2 level as can be seen in the bullet list below
- Non verified KYC withdrawal limit 24h: 10 BTC
- KYC 1: 40 BTC
- KYC 2: 100 BTC
Read more about the MEXC Global in our MEXC Global Review.
OKX KYC Verification Withdrawal Limit
OKX KYC verification withdrawal limit are specified in the bullet list below. We have also summarized the documents required to fulfill each KYC level further down.
- No KYC 10 BTC
- KYC LV 1 200 BTC
- KYC 2~3 500 BTC
OKX verification documents required
Level one — basic ID
- Enter nationality
- Name
- Enter document identification number
Level two — photo ID
- Verify identity with photo identification
- Facial verification via Netverify
Level three — disclaimer
After passing the first two levels, users can read the disclaimer on OKX’s mobile app or web page to complete the third level of identity verification.
Read more about the OKX crypto trading platform in our OKX review.
Bybit KYC Verification Withdrawal Limit
Bybit non KYC verification withdrawal limits are specified in the bullet list below.
- No KYC: 2 BTC
- KYC LV 1: 50 BTC
- KYC 2: 100 BTC
The KYC verification process should take 15 minutes but due to the complexity, KYC verification may take up to 48 hours.
Bybit information required for KYC level 1
Document issued by country of origin (passport/ID)
Facial recognition screening
Bybit information required for KYC level 2
To reach Bybit KYC level 2 you need to upload Proof of residential address
the following documents are accepted by Bybit.
Utility bill
Bank statement
Residential proof issued by government
Read more about the Bybit crypto trading platform in our Bybit review.
