The differences between the verification levels include the amount of information you need to provide, and, once you are verified, the features available to you.
The available features and limits according to the level of verification are as follows:
Level 1 | Level 2 | |
---|---|---|
Fiat deposits (ACH, bank wire, card purchases) |
$10,000 lifetime cumulative |
Unlimited |
Crypto deposits | Unlimited | Unlimited |
Fiat withdrawals (ACH, bank wire) |
$10,000 lifetime cumulative |
Unlimited |
Crypto withdrawals | Not available | Unlimited |
The Level 1 verification process is shorter and faster, as we require less information from you.
The Level 2 verification process requires additional information but enables you access to full functionality like unlimited fiat and crypto deposits and withdrawals.