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Is there a limit on the amount of money I can cash out on KuCoin?

avatarEffie FlorouDec 16, 2021 · 3 years ago3 answers

I'm using KuCoin for my cryptocurrency trading, and I'm wondering if there is any limit on the amount of money I can cash out from my account? Can I withdraw large amounts of money without any restrictions?

Is there a limit on the amount of money I can cash out on KuCoin?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, KuCoin does have limits on the amount of money you can cash out. The specific limits depend on your account verification level. For example, if you have completed the basic verification, the daily withdrawal limit is set at 2 BTC. However, if you have completed the advanced verification, the daily withdrawal limit can be increased to 100 BTC. It's important to note that these limits are subject to change and may vary for different cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! KuCoin does impose limits on cash withdrawals to ensure the security of your funds. The limits are based on your account verification level and the type of cryptocurrency you are withdrawing. For example, for basic verified accounts, the daily withdrawal limit for Bitcoin is 2 BTC. However, if you have completed the advanced verification process, you can enjoy higher withdrawal limits. It's always a good idea to check the latest withdrawal limits on the KuCoin website or contact their customer support for the most accurate information.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are limits on the amount of money you can cash out on KuCoin. The specific limits depend on your account verification level and the type of cryptocurrency you are withdrawing. For example, for basic verified accounts, the daily withdrawal limit for Bitcoin is 2 BTC. However, if you have completed the advanced verification process, you can enjoy higher withdrawal limits. It's important to keep in mind that these limits are in place to ensure the security of your funds and prevent unauthorized access to your account.