No, CoinEx doesn’t require KYC. CoinEx is considered to be a no-KYC crypto exchange. You can trade, deposit, and withdraw on CoinEx without personal identification.
While most features are accessible to everybody, some features are locked for unverified CoinEx users. Locked features include credit card deposits and reduced crypto withdrawals.
Read on to learn more.
CoinEx Withdrawal Limits
CoinEx 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 two KYC levels on CoinEx. Unverified and Personal Verification (KYC 1).
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) | $10,000 |
| Personal Verification (KYC 1) | $1,000,000 |
Is CoinEx Safe To Use Without KYC?
We consider CoinEx 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.
CoinEx KYC Requirements
In order to verify your identity on CoinEx, you must submit personal information, including government-issued documents. See all required details below:
Personal Verification (KYC 1)
The requirements for the first KYC level are as follows:
- Basic Info
- Name
- Government-Issued ID Photo
- Facial Recognition (Selfie)
FAQ
Does CoinEx require KYC?
No, CoinEx doesn’t require KYC verification. You can trade without the identification process on CoinEx.
Is CoinEx legit?
CoinEx is a popular exchange with over 6 million users. While CoinEx appears to be a legitimate crypto exchange, we recommend storing your funds in your personal hardware wallet.
Is CoinEx available in the United States?
No, CoinEx is not allowed in the United States at all. While you can still sign up and trade with a VPN, we advise against it.
