The Global KYC prompt will reflect in-app to existing users in a rolling process. Essentially not every user will see this prompt right away. Some users will see the option as early as 5/5/2021, while others will see it a few days later.
Users with less than $2,000 USD (equivalent) in their wallet must complete the KYC process and be approved by May 25, 2021.
If you have not completed the Global KYC process and been approved, your wallet will be limited to withdraw-only mode indefinitely.
-You will be unable to deposit additional funds.
-You will be unable to use the ‘send feature’ to send and receive funds.
Users with more than $2,000 USD (equivalent) in their wallet must complete the KYC process and be approved by May 25, 2021.
If you have not completed the Global KYC process and been approved, you will be unable to deposit, exchange or withdraw.
-You will be unable to deposit additional funds.
-You will be unable to exchange funds.
-You will be unable to withdraw funds.
-You will be unable to use the ‘send feature’ to send and receive funds.
Starting May 25, 2021, users will be unable to send and receive money to users who have not completed the KYC process and been approved.
Users will only be allowed three attempts to trade (exchange) or add money before being forced to complete KYC. For more information regarding what is needed to complete the process here is a resource that can help.
For list of restricted states and countries, go here.
Comments
0 comments
Article is closed for comments.