OKX has announced that users must complete Advanced Verification (Level 2 KYC) by August 21 at 15:00. Failure to comply will restrict access to all OKX products and services. Users facing verification challenges are advised to contact customer support.
Key Details
- Deadline: August 21, 15:00 (UTC+8).
- Impact: Unverified accounts lose access to trading, withdrawals, and other services.
- Support: Customer service is available for assistance.
Verification Requirements
OKX’s Level 2 KYC includes:
- Liveness Detection: Real-time facial recognition.
- Document Verification: Uploading government-issued ID (e.g., passport, driver’s license).
Withdrawal Limits:
- Post-verification daily limit: $10 million.
- Note: Basic KYC (Level 1) users face a permanent withdrawal cap of $5,000.
👉 Learn more about OKX’s security policies
Why This Matters
Enhanced KYC aligns with global regulatory standards to prevent fraud and ensure platform security. Users are encouraged to complete verification promptly to avoid service disruptions.
FAQ
1. What happens if I miss the deadline?
Unverified accounts will be restricted from all OKX services until KYC is completed.
2. How long does Level 2 KYC take?
Processing typically takes 24–48 hours. Submit documents early to avoid delays.
3. Can I still withdraw funds with Level 1 KYC?
Yes, but limits apply ($5,000 lifetime cap). Upgrade to Level 2 for higher limits.
4. Is my data safe with OKX?
OKX adheres to strict data encryption and privacy protocols compliant with international regulations.
👉 Explore OKX’s compliance measures
Final Notes
OKX’s updated KYC policy underscores its commitment to regulatory compliance and user security. Complete verification by the deadline to ensure uninterrupted access.
Disclaimer: This content is for informational purposes only and does not endorse financial activities. Always comply with local laws regarding cryptocurrency usage.
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