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Does Bitunix Require KYC?

Updated

No, Bitunix doesn’t require KYC. Bitunix is considered to be a no-KYC crypto exchange. You can trade, deposit, and withdraw on Bitunix without personal identification.

While most features are accessible to everybody, some features are locked for unverified Bitunix users. Read on to learn more.

 

Bitunix Withdrawal Limits

Bitunix is a no-KYC crypto exchange with withdrawal limits based on your KYC level. A higher KYC level results in higher withdrawal limits.

There are three KYC levels on Bitunix. Unverified, Basic Verification (KYC 1), and Advanced Verification (KYC 2).

You can see the exact withdrawal limits in the table below. The limits reset every 24 hours, and there is no cumulative limit.

 

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KYC Level 24h Withdrawal Limits
Unverified (KYC 0) $10,000
Basic Verifcation (KYC 1) $2,000,000
Advanced Verifcation (KYC 2) $5,000,000

 

Is Bitunix Safe To Use Without KYC?

We consider Bitunix to be a relatively secure crypto exchange. The platform has never been hacked, offers generous daily withdrawal limits, and offers reliable service. Users can trade, deposit, and withdraw without having to undergo the KYC identification process.

However, we recommend you never keep your investments on a centralized exchange. Always withdraw your funds to your personal wallet when you are done with trading.

 

Bitunix KYC Requirements

In order to verify your identity on Bitunix, you must submit personal information, including government-issued documents. See all required details below:

 

Basic Verification (KYC 1)

The requirements for the first KYC level are as follows:

  • Personal information
  • Government-issued ID, Drivers License, or Resident Permit ID
  • Facial Recognition (Selfie)

 

Advanced Verification (KYC 2)

The requirements for the second KYC level are as follows:

  • Proof of address

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FAQ

Does Bitunix require KYC?

No, Bitunix doesn’t require KYC verification. You can trade without the identification process on Bitunix.

 

Is Bitunix legit?

Bitunix is a popular crypto exchange with over 5 million users. While Bitunix appears to be a legitimate crypto exchange, we recommend storing your funds in your personal hardware wallet.

 

Is Bitunix available in the United States?

Yes, Bitunix is allowed in the United States. US citizens can register, deposit, trade, and withdraw on Bitunix. They can also verify their identity.