Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits.
Bybit to Limit Services for Traders Who Have Not Passed Identity Verification
Crypto exchange Bybit will restrict AddBitcoinBybitCryptoExchangeExchangesLimitsNewsRestrictionsunverifiedUpdateUsersWithdrawal Read More
Starting on Jan. 27, the South Korean crypto exchange Bithumb will not allow users to withdraw their crypto assets to unverified private wallets.On Jan. 24, the exchange announced that it would be the second of the four major exchanges in the country to ban withdrawals to unverified wallets. Coinone enacted BitcoinBithumbBlockCryptocryptoexchangeExchangesPrivateunverifiedWalletsWithdrawals Read More
South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January.In a Wednesday announcement, Coinone said users would have from Dec. 30 to Jan. 23 to register their external wallets at the exchange, after which time it would BitcoinCoinonecryptoexchangeExchangesExternalStopunverifiedWalletsWithdrawals Read More
South Korean cryptocurrency exchange Upbit will soon halt services for unverified users.On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements.According to the announcement, Upbit will start gradually limiting services for unverified users this week, BitcoinCryptocryptoexchangeExchangeExchangesHaltKoreanunverifiedUPbitUsersWithdrawals Read More