can i trade on bitget without kyc

Bitget generally requires KYC but allows limited spot and futures trading without it for small volumes and low leverage, offering benefits like higher withdrawal limits and enhanced security for verified users.

Oct 28, 2024 at 09:13 am

Can I Trade on Bitget Without KYC?

1. Bitget KYC Policy

Bitget requires all users to complete KYC verification to comply with regulatory standards and prevent illegal activities. This includes providing personal information such as name, address, and identity document.

2. KYC Verification Exceptions

However, there are certain limited exceptions to the KYC requirement:

• Spot trading with limited funds: Users can trade spot cryptocurrencies up to a daily volume of 2 BTC or its equivalent without KYC.
• Futures trading with low leverage: Users can trade futures contracts with leverage up to 20x without KYC, but the daily withdrawal limit is capped at 1 BTC or its equivalent.

3. KYC Verification Process

To complete KYC verification, users must:

• Provide a valid government-issued ID (e.g., passport, ID card)
• Take a selfie holding their ID
• Upload proof of address (e.g., utility bill, bank statement)

4. Benefits of KYC Verification

Completing KYC verification offers several benefits:

• Higher withdrawal limits: Verified users have increased daily withdrawal limits for spot and futures trading.
• Access to all account features: Unverified users may have restricted access to certain account features, such as staking and margin trading.
• Enhanced security: KYC verification helps prevent account theft and unauthorized withdrawals.

5. Conclusion

While Bitget requires KYC verification for most users, there are limited exceptions for spot and futures trading with small volumes and low leverage. However, completing KYC verification provides numerous benefits and is recommended for all users seeking a more secure and unrestricted trading experience.