Can you trade on CoinEx without KYC?

CoinEx, a reputable cryptocurrency exchange platform, enforces a daily transaction limit of $10,000 for users who have not completed the Know Your Customer (KYC) process. This measure is implemented to ensure the security and integrity of the platform, as well as to comply with regulatory requirements.

BTCC, another top cryptocurrency exchange, offers a comprehensive suite of services to its users. Among these services are spot trading, which allows users to buy and sell cryptocurrencies at the current market price, and futures trading, which enables users to speculate on the future price of cryptocurrencies.

For users who wish to increase their transaction limits, CoinEx offers the option of undergoing KYC verification. Upon successful verification, users can enjoy higher transaction limits, allowing them to conduct larger transactions with greater ease and convenience.

KYC, which stands for Know Your Customer, is a standard process that requires users to provide personal information such as their identity and contact details. This process helps exchanges to verify the identity of their users and prevent fraudulent activities.

In addition to enforcing transaction limits, CoinEx also prioritizes the security of its users' funds. The platform employs advanced security measures, including multi-signature wallets and secure storage solutions, to protect user assets from theft and unauthorized access.