2 BTC limit for non kyc customers

[ad_1]

For clients of Kucoin who don’t use kyc there is a limit of 2 btc per 24 hours.

Does anyone know if that extends to other coins as well? For example if a coin was worth 1/10th the value of btc (so 20 of this hypothetical coin is worth 2btc) would I be barred from trading 21 of these coins or does it only apply to BTC.

Thank you to anyone who might be able to clarify.

Edit: this question is important for if something moons hard. Like if the coin rockets up to a value over two btc would I be stuck holding everything beyond 2 btc value until 24 hours later when the coins value may potentially drop.

[ad_2]

➔ Visit Kucoin now and start trading

Posted in Kucoin Reddit

2 Comments

  1. kucoin_moderator on 21. October 2020 at 13:37

    Just an update, the limit for non-verified users has been changed to 5 BTC per day. As for your question the limit does not only apply for BTC but also to other cryptocurencies.

     


  2. YeaManJam on 21. October 2020 at 13:37

    Your question is confusing? If the coin increases to over 2 btc you can only withdraw 2btc(now 5btc) worth of an asset every 24hrs. So all remaining assets will need to remain on the exchange until after 24 hrs and then you can withdraw another 5 btc worth of assets.