Dear Users,
To ensure compliance and enhance platform security, Megabit Exchange has implemented a tiered management system for withdrawal and OTC trading limits. The specific requirements are outlined as follows:
- Non-KYC Verified Users (Users Without Completed KYC Verification)
On-chain Withdrawal Limit: The total daily withdrawal limit for all digital assets combined is 100,000 (equivalent to your chosen currency). Withdrawals exceeding this limit will need to wait until the next day.
OTC Trading Limit: The daily total limit for OTC (over-the-counter) trading, including both buying and selling, is 500. Transactions exceeding this limit will not be processed.
- KYC Verified Users (Users Who Have Completed KYC Verification)
On-chain Withdrawal Limit: The total daily withdrawal limit is 1,000,000. KYC verified users enjoy higher withdrawal limits, offering greater flexibility for asset management.
OTC Trading Limit: The daily total limit for OTC trading, including buying and selling, is 10,000. Completing KYC verification allows users to access a higher OTC trading limit to better meet their trading needs.
How to Complete KYC Verification
Megabit Exchange offers a convenient KYC verification process. Follow these steps to complete verification and enjoy increased withdrawal and trading limits:
- Log in to the Megabit Exchange website or app.
- Navigate to the "Personal Center" > "Identity Verification" page.
- Follow the instructions to upload identity documents and complete video verification.
- Submit your information. The system will review it within one business day and notify you of the results.
Important Notes
Security: KYC verification is a crucial step in protecting your account. Completing KYC ensures higher withdrawal and trading limits while also providing enhanced security for your assets.
Compliance: Megabit Exchange abides by global regulatory and compliance requirements. The implementation of real-name verification aims to create a safer and more transparent trading environment.
We encourage users who have not yet completed KYC verification to do so promptly to enjoy greater convenience and higher limits. Megabit remains committed to providing secure and compliant digital asset trading services for all users.
Thank you for your continued support and trust in Megabit Exchange!
Sincerely,
The Megabit Team
Comments
0 comments
Article is closed for comments.