Cryptocurrency Q&A
What is the limit on HTX unverified account?
What is the limit on HTX unverified account?
GyeongjuGrace
Thu Oct 10 2024
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7 answers
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I want to know the limit or restrictions placed on an unverified account on the HTX platform. Specifically, I'm interested in understanding the limitations in terms of transactions, balances, or any other relevant aspect.
7 answers
Chiara
Sat Oct 12 2024
Without undergoing KYC, users can still deposit funds into their HTX accounts, albeit with a cap of $1,000. This limit ensures that even unverified users can experience the platform's offerings while mitigating potential risks associated with unverified accounts.
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SunlitMystery
Sat Oct 12 2024
When it comes to withdrawals, HTX imposes a restriction of 0.006 BTC per 24-hour period for unverified accounts. This measure is in place to maintain the security of the platform and protect users' funds from potential fraud or misuse.
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Valentino
Sat Oct 12 2024
HTX stands as one of the prominent cryptocurrency exchanges that offers flexibility in trading, setting it apart from many of its competitors. A notable feature of HTX is its policy regarding Know Your Customer (KYC) procedures.
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CryptoLegend
Sat Oct 12 2024
For those seeking limited trading functionality, HTX does not mandate KYC verification, allowing users to engage in transactions without the need for extensive identity checks. This approach caters to traders who value privacy and quick access to the market.
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isabella_oliver_musician
Sat Oct 12 2024
It's worth mentioning that HTX is not alone in offering varying levels of access based on KYC status. However, its approach of allowing limited trading without KYC sets it apart as a user-friendly exchange that caters to a diverse range of traders.
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