No, Poloniex doesn’t require KYC. Poloniex is a no-KYC crypto exchange. You can trade, deposit, and withdraw on Poloniex without personal identification.
While most features are accessible to everybody, some features are locked for unverified Poloniex users. Read on to learn more.
Poloniex Withdrawal Limits
Poloniex is a no-KYC crypto exchange with withdrawal limits based on your KYC level. A higher KYC level results in higher withdrawal limits as well as additional features.
Poloniex has two verification levels. Level 1 KYC and Level 2 KYC. It is important to note that Level 1 KYC is applied automatically after signing up without any required information.
You can see the exact withdrawal limits in the table below. The limits reset every 24 hours. The daily Withdrawal limit on Poloniex is calculated in USDT.
| KYC Level | 24h Withdrawal Limits |
|---|---|
| Level 1 KYC (Unverified) | $10,000 |
| Level 2 KYC (Verified) | $500,000 |
Is Poloniex Safe To Use Without KYC?
We consider Poloniex to be a relatively reliable crypto exchange. However, better alternatives are BingX or Bitget.
Additionally, you should never keep your investments on a centralized exchange. Always withdraw your funds to your personal wallet when you are done with trading.
Poloniex KYC Requirements
In order to verify your identity on Poloniex, you must submit personal information, including government-issued documents.
See all required details below.
Level 2 KYC (Verified)
For the verified KYC level on Poloniex, you must download the Poloniex app. In the Poloniex app, you can complete the KYC verification by providing the following information:
- ID, Passport, or Drivers License
- Selfie
FAQ
Does Poloniex require KYC?
No, Poloniex doesn’t require KYC verification. You can trade without the identification process on Poloniex.
Is Poloniex legit?
While Poloniex appears to be a legitimate crypto exchange, we recommend different exchanges such as BingX, OKX, or Bitget.
Also, we highly recommend storing your funds in your personal hardware wallet.
Is Poloniex available in the United States?
No, Poloniex is not allowed in the United States at all. While you can still sign up and trade with a VPN, we advise against it as it could lead to your account being frozen.
