What are the withdrawal limits on Quidax?
As a Quidax customer, you can withdraw to your bank accounts, once you've completed the Basic account verification. With Basic account verification you can withdraw up to 200,000 naira per day.
To increase your withdrawal limit you just need to upgrade to Advanced account verification by submitting your proof of address document via your Quidax app. Here are the documents you can submit:
- Bank statement
- Utility bill (Electricity, Internet or Cable bill)
- Insurance Certificate
- Tenancy agreement
- Mortgage statement
- Tax bill or Pension statement
For more info on withdrawal limits, click here
What is my local currency deposit limits on Quidax?
Deposits of local currencies are based on your account verification level. If you have not done any account verification, you will not be able to deposit and withdraw naira but you'll be able to deposit crypto.
For customers on Basic and Advanced, there are no limits to the amount you can deposit.
What is the cryptocurrency send/receive limit on Quidax?
There are no limits to the amount of cryptocurrency you can receive on your cryptocurrency wallets on Quidax. However, there's a limit to the amount of cryptocurrency you can send, depending on your account verification level