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How long is a cryptocurrency exchange account valid before it needs to be re-verified?

avatarShury18Dec 26, 2021 · 3 years ago3 answers

What is the duration of validity for a cryptocurrency exchange account before it requires re-verification?

How long is a cryptocurrency exchange account valid before it needs to be re-verified?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The duration of validity for a cryptocurrency exchange account before it needs to be re-verified varies depending on the exchange platform. Generally, exchanges have different policies regarding account verification and may require re-verification after a certain period of time. It is recommended to check the terms and conditions of the specific exchange you are using to know the exact duration.
  • avatarDec 26, 2021 · 3 years ago
    Once you open a cryptocurrency exchange account, it is important to keep in mind that the account's validity period before re-verification can differ among different platforms. Some exchanges may require re-verification every few months, while others may have longer validity periods. It is advisable to regularly check the account status and any notifications from the exchange to ensure compliance with their verification requirements.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, a leading cryptocurrency exchange, the account validity period before re-verification is 12 months. After this period, users are required to go through the verification process again to continue using their accounts. This helps maintain the security and compliance standards of the platform. It is important to note that the account validity period may vary among different exchanges, so it's always a good idea to stay updated with the specific requirements of the exchange you are using.