Non KYC Verification Withdrawal Limits on Crypto Exchanges

Non-KYC Crypto Exchanges and Withdrawal Limits

This article will list all the non-KYC verification withdrawal limits on the top Bitcoin crypto exchanges and trading platforms.

However, there are 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.

No Financial Advice, Information only. Do your own research. 

Cryptocurrencies are high-risk investments.

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What is KYC verification?

Know Your Customer (KYC) regulations are mandatory for significant 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, crypto exchanges still allow non-KYC verification withdrawals, even if they are much more limited today than in the past.

Non KYC Crypto Exchanges

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.

Each KYC case on ChangeNOW is unique, but the basic procedure is similar to other KYC requirements on crypto exchanges and will request

  • A quality picture of an ID document
  • A source of deposited funds
  • A selfie of you holding the ID document.

Once these documents are approved, the crypto exchange will be accomplished.

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.

It’s important to note that Binance withdrawal limits are denominated in BUSD but recalculated in this table with a BTC price of $50.000.

Non KYC Verification Withdrawal Limits on Crypto Exchanges Table with Binance, Bybit, MEXC, OKX and Kucoin

Bitcoin withdrawal limits for different KYC levels. All withdrawal limits are per 24h.

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 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 a 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 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.

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 see 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 needing KYC verification and 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 limits are specified in the bullet list below. We have also further summarized the documents required to fulfill each KYC level.

Daily 24h limit (BTC price is the standard)
  • 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 the 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.

Daily limit (BTC price is the standard)
  • No KYC: 2 BTC
  • KYC LV 1: 50 BTC
  • KYC 2: 100 BTC
Note: You may receive a KYC verification request from Bybit.

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

  1. Document issued by the country of origin (passport/ID)

  2. Facial recognition screening

Bybit information required for KYC level 2

To reach Bybit KYC level 2, you need to upload Proof of residential address

Bybit accepts the following documents.

  1. Utility bill

  2. Bank statement

  3. Residential Proof issued by the government

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