Express

Poloniex Will Allow Users To Withdraw $10,000 Or Less Without Completing KYC Verification

Ramsey Baker

Summary: Poloniex, the cryptocurrency exchange, has added a new type of account that will allow users to withdraw $10,000 a day without completing a know-your-customer (KYC) verification. The exchange stated in a blog post that new "Level 1" accounts will only need to register with an email address and password to begin trading. Level 1 users ...

Poloniex, the cryptocurrency exchange, has added a new type of account that will allow users to withdraw $10,000 a day without completing a know-your-customer (KYC) verification.

The exchange stated in a blog post that new "Level 1" accounts will only need to register with an email address and password to begin trading. Level 1 users will be able to deposit and trade an unlimited amount of cryptocurrency. These users will also be allowed to withdraw a maximum of $10,000 every day. Users will also be able to stake proof-of-stake (PoS) coins on the platform.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Poloniex Will Allow Users To Withdraw $10,000 Or Less Without Completing KYC Verification   [Copy]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 15 days ago

    • You need to login to comment.