On November 1, a cryptocurrency exchange KuCoin announced it increased daily withdrawal limits for users that completed KYC.
Starting November 1, KuCoin users that complete KYC verification will enjoy higher daily withdrawal limits. The new withdrawal limits are listed below:
- Verified Individual Account: 100 BTC per 24hr
- Verified Institutional Account: 500 BTC per 24hr
- Non-verified Account: 2 BTC per 24hr
KuCoin notes that KYC verification will be complete within five days after users submit their information.