Know Your Customer (KYC) is a set of procedures that require financial institutions and crypto exchanges to verify the identity of their customers. Bybit Kazakhstan uses KYC to identify customers and analyze their risk profiles. This verification helps prevent money laundering and financing of illicit activities. KYC verification is also necessary to attain higher BTC withdrawal thresholds.
After completing KYC verification, you can enjoy our Buy Crypto services and Earn products, as well as gain exclusive access to promotions and events such as Launchpad. KYC verification is also necessary to attain higher BTC withdrawal thresholds.
The table below states the services that can be used under different KYC levels.
|
|
|
Non KYC |
Individual Verification (Standard) |
Individual Verification (Advanced/Pro) |
Business Verification |
|
Deposit |
Crypto Deposit |
⨯ |
✔ |
✔ |
✔ |
|
Fiat Deposit |
⨯ |
✔ |
✔ |
⨯ | |
|
Withdrawal |
Crypto Withdrawal |
Daily Limit ≤20K USDT Monthly Limit ≤100K USDT (Withdrawal is not affected for Non-KYC users.) |
Daily Limit ≤1M USDT No Monthly Limit |
Daily Limit ≤2M USDT No Monthly Limit |
Daily limit ≤ 4M USDT No Monthly Limit |
|
Fiat Withdrawal |
⨯ |
✔ |
✔ |
⨯ | |
|
Trade |
Spot Trading |
⨯ |
✔ |
✔ |
✔ |
|
Margin Trading |
⨯ |
✔ |
✔ |
✔ | |
|
Spot X |
Launchpad |
⨯ |
✔ |
✔ |
✔ |
|
Launchpool |
⨯ |
✔ |
✔ |
✔ | |
|
ByStarter |
⨯ |
✔ |
✔ |
✔ | |
|
ByVotes |
⨯ |
✔ |
✔ |
⨯ | |
|
Token Splash |
⨯ |
✔ |
✔ |
✔ | |
|
Airdrop Hunt |
⨯ |
✔ |
✔ |
⨯ | |
|
Puzzle Hunt |
⨯ |
✔ |
✔ |
✔ | |
|
Derivatives |
Perpetual Contracts |
⨯ |
✔ |
✔ |
✔ |
|
Futures Contract |
⨯ |
✔ |
✔ |
✔ | |
|
Options |
⨯ |
✔ |
✔ |
✔ | |
|
Finance |
Crypto Loan |
⨯ |
✔ |
✔ |
✔ |
|
Fixed Rate Loan |
⨯ |
✔ |
✔ |
✔ | |
|
Earn Products |
Flexible Savings |
⨯ |
✔ |
✔ |
✔ |
|
Fixed Savings |
⨯ |
✔ |
✔ |
⨯ | |
|
Liquidity Mining |
⨯ |
✔ |
✔ |
✔ | |
|
Wealth Management |
⨯ |
✔ |
✔ |
✔ (Premium Wealth Management is not supported for Business Verification users) | |
|
Rewards Hub |
Claim Rewards |
|