Are there any limits on cryptocurrency transactions without completing KYC on Changenow?

3 answers

• Mccormick ColeyFeb 02, 2022 · 4 years ago
  Yes, there are limits on cryptocurrency transactions without completing KYC on Changenow. While you can still trade without providing your personal information, there are certain restrictions in place. These limits vary depending on the specific cryptocurrency and the amount you want to trade. It's important to note that KYC (Know Your Customer) regulations are put in place to prevent money laundering and ensure the security of the platform. Therefore, it's recommended to complete the KYC process to enjoy higher transaction limits and a more secure trading experience.
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• REndFeb 03, 2025 · 7 months ago
  If you choose not to complete KYC on Changenow, there will be some limitations on your cryptocurrency transactions. The exact limits depend on the specific cryptocurrency and the amount you want to trade. Without completing KYC, you may have lower transaction limits and may not be able to access certain features or services. However, if privacy is a concern for you, trading without KYC may still be an option. Just be aware of the limitations and make sure to comply with any applicable laws and regulations.
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• Ashana BholaMay 08, 2021 · 4 years ago
  As an expert from BYDFi, I can confirm that there are limits on cryptocurrency transactions without completing KYC on Changenow. These limits are in place to ensure compliance with regulatory requirements and to prevent illegal activities. While you can still trade without completing KYC, your transaction limits may be lower compared to users who have completed the KYC process. It's important to consider the trade-off between privacy and transaction limits when deciding whether to complete KYC on Changenow or not.
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