KYC (Know Your Customer) is the procedure of verifying user identity using a government-issued ID or other documents.
User verification helps us secure your account and ensure the security of your funds. In addition, KYC helps prevent money laundering and funding terrorism.
After passing KYC verification, users can increase their withdrawal limit to 100 BTC per day, as well as start withdrawing fiat currencies. Without KYC, you can withdraw up to 2 BTC per day only in cryptocurrencies.