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Are there any restrictions on trading or withdrawals for users who haven't completed KYC on OKX?

avatarsaket kumarDec 26, 2021 · 3 years ago3 answers

I heard that OKX is a popular cryptocurrency exchange, but I'm not sure if there are any restrictions on trading or withdrawals for users who haven't completed KYC (Know Your Customer) verification. Can anyone provide more information on this? Are there any limitations or requirements for users who haven't completed KYC on OKX?

Are there any restrictions on trading or withdrawals for users who haven't completed KYC on OKX?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, OKX does have restrictions on trading and withdrawals for users who haven't completed KYC. In order to ensure the security and compliance of the platform, OKX requires users to complete the KYC verification process. Without completing KYC, users may face limitations on their trading and withdrawal activities. It is recommended to complete the KYC process to enjoy the full functionalities of the platform.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you haven't completed KYC on OKX, there will be certain restrictions on your trading and withdrawal activities. KYC is a standard procedure in the cryptocurrency industry to verify the identity of users and prevent fraudulent activities. By completing KYC, you can unlock higher trading limits and enjoy a seamless experience on OKX.
  • avatarDec 26, 2021 · 3 years ago
    As a representative from BYDFi, I can confirm that OKX does impose restrictions on trading and withdrawals for users who haven't completed KYC. KYC is an important step to ensure the safety and compliance of the platform. Without completing KYC, users may have lower trading limits and face limitations on their withdrawal activities. It is highly recommended to complete KYC to fully utilize the features of OKX.