You do not need to verify your account to receive cryptocurrency. Although you will have some restrictions on the amount of cryptocurrency you can send. With an unverified account, you will have a daily withdrawal/send limit of 0.1 BTC and an all-time withdrawal/send limit of 1 BTC. The equivalent of 0.1 BTC and 1 BTC applies for other cryptocurrencies.
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Articles in this section
- I just signed up on Quidax, do I need to verify my account?
- Why do I need to verify my identity?
- Is it safe to use my BVN for Level 2 verification?
- What are the Account Verification Levels/Tiers?
- Accepted Proof of Identity Documents
- BVN Verification for Businesses
- Accepted Proof of Address Documents
- Do I need to verify my account to deposit or withdraw local currency (Naira)?
- Can I start trading without verifying my account?
- How long does it take for my account to be verified?