Cryptocurrency and bitcoin exchange OKCoin International, which relaunched on April 13th, announced to users today that they have increased the deposit and withdrawal limit for both individual and corporate users.
The OKCoin team said: “For months, we have worked very hard to ensure our operations are in compliance with the related rules and regulations. We have set up new policies and procedures, along with newly upgraded website and system, committing ourselves to providing a brand new and also exceptional trading experience to our customers.”
The details of the new limits are below:
1. Individual users
– For KYC level 2 users, the deposit limit is increased from USD 10,000 to USD 100,000; the withdrawal limit is increased from USD 50,000 to USD 100,000.
– For KYC level 3 users, the deposit limit is increased from USD 500,000 to USD 100,000,000; the withdrawal is increased from USD 500,000 to USD 100,000,000.
2. Corporate users
– For KYC level 2 users, the deposit limit is increased from USD 500,000 to USD 1,000,000; the withdrawal is increased from USD 500,000 to USD 1,000,000.