BitTap KYC FAQs
1. Why is identity verification required? Identity verification (KYC, Know Your Customer) is a necessary procedure used by financial institutions and regulated organizations to confirm a user’s identity. Through KYC, BitTap can assess user risk, ensure compliance and security, and prevent illegal activities such as fraud and money laundering. 2. How does identity verification affect my use of BitTap services? Unverified users have a daily withdrawal limit of 20,000 USDT and cannot use the “Quick Buy Crypto” feature. All BitTap accounts must complete KYC verification to make large deposits, trades, or withdrawals. 3. What is my daily withdrawal limit after completing identity verification? Once you complete KYC Level 1 verification, your daily withdrawal limit will depend on your VIP level. Below are the KYC 1 daily withdrawal limits for each VIP level: 4. What are the benefits of completing identity verification on BitTap? By completing KYC verification, you can: · Increase your daily ...