No, Blofin doesn’t require KYC. Blofin is considered to be a no-KYC crypto exchange. You can trade, deposit, and withdraw on Blofin without personal identification.
While most features are accessible to everybody, some features are locked for unverified Blofin users. Read on to learn more.
Blofin Withdrawal Limits
Blofin 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 Blofin. Unverified, Personal Information Verification (KYC 1), and Address Proof 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.
| KYC Level | 24h Withdrawal Limits |
|---|---|
| Unverified (KYC 0) | $20,000 |
| Personal Information Verification (KYC 1) | $1,000,000 |
| Address Proof Verification (KYC 2) | $2,000,000 |
Is Blofin Safe To Use Without KYC?
We consider Blofin 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.
Blofin KYC Requirements
In order to verify your identity on Blofin, you must submit personal information, including government-issued documents. See all required details below:
Personal Information 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)
Address Proof Verification (KYC 2)
The requirements for the second KYC level are as follows:
- Proof of address
FAQ
Does Blofin require KYC?
No, Blofin doesn’t require KYC verification. You can trade without the identification process on Blofin.
Is Blofin legit?
Blofin is a relatively new crypto exchange with over 2 million users. While Blofin appears to be a legitimate crypto exchange, we recommend storing your funds in your personal hardware wallet.
Is Blofin available in the United States?
Yes, Blofin is allowed in the United States. US citizens can register, deposit, trade, and withdraw on Blofin. They can also verify their identity.
