Starting from Nov 1st, 2018, the daily withdrawal limit will be 2 BTC, unless you have completed KYC. If the withdrawal amount exceeds 2 BTC, you will need to go through the KYC Verification process to complete the withdrawal.
The KYC Verification process for KuCoin is a standardized compliance measure for anti-money laundering (AML) and counter-terrorism financing (CTF) laws and regulations.
The KYC Verification process consists of completing an online questionnaire, submitting supporting documents and authorizing KuCoin to complete the verification process. The processing time for each KYC Verification can take up to 5 days, depending on the total volume of submissions.
Please visit the KYC Verification page for full details. Once you fill out all the sections and submit the verification, the KYC Verification process will start. If you pass the KYC Verification, we will notify you via email. If you did not pass the verification, please follow the prompts in the notification email to update or submit additional KYC information.
Please keep in mind that the KYC Verification is not mandatory for deposit, trade or withdrawal of cryptocurrencies. Once you sign up for KuCoin, you can deposit, trade or withdraw cryptocurrencies immediately.
We strongly suggest our clients complete the KYC Verification. In cases where the client forgets his/her credentials to access the platform or when his/her account is taken over by others because of the leakage of personal information from the client side, the verified KYC information will help the client recover his/her account quickly.
Also, a KYC verified account will have access to the Fiat-Crypto exchange services provided by KuCoin in the future.