Play the video to learn how to complete KYC verification on BingX.
This video is for demonstration only. The actual situation may be subject to market conditions and platform rules.
1. What is KYC or Identity Verification
KYC is an acronym for Know Your Customer, which refers to the verification or due diligence of a customer's identity. KYC is intended to facilitate AML (Anti-Money Laundering) and protect against financial scams, impersonations, etc. Users' identity can be verified through the ID card, passport, or other documents they submit.
2. Different KYC Levels and Their Benefits
Users who complete higher-level KYC verification can enjoy higher deposit and withdrawal limits, providing greater flexibility in managing funds and responding to market dynamics. Here are the differences between the various levels of identity verification:
Verification Status
|
Daily Deposit Limit | Monthly Deposit Limit | 24h Max. Withdrawal | Fiat Currency | Launchpad |
Unverified | ❌ | ❌ | 20,000 USDT | ❌ | ❌ |
Basic KYC | 5,000 USDT | 50,000 USDT | 20,000 USDT | ❌ | ❌ |
Advanced KYC | Unlimited | Unlimited | 5,000,000 USDT | ✅ | ✅ |
Please Note:
- Your deposit will not be credited if you exceed your daily or monthly deposit limit. You can either complete Advanced KYC verification to remove the limit and complete the deposit, or choose to refund it via the orignal method. Click to learn more: Solutions for Exceeding Deposit Limits
- Users who completed KYC verification before 2024-06-13 will have Advanced KYC verification.
- Benefits may vary by region. Please refer to the product page for specific details.
- All token's maximum withdrawals are based on their USDT equivalent.
- The 24-hour maximum withdrawal is the total amount you can withdraw within 24 hours from your last withdrawal.
3. How to Complete KYC Verification
3.1 Web Portal
Log in to your BingX account, and click on the profile icon in the top right corner of the BingX official website. Next, click "Identity Verification" - "Individual Verification".
(1) Basic Verification:
Step 1: Click "Verify Now" on the "Basic Verification" card.
Step 2: Follow the steps to fill in your information and click "Done". The basic verification takes 1 minute.
(2) Advanced Verification
Step 1: Click "Verify Now" on the "Advanced Verification" card.
Step 2: Select the issuing country/region of your document and choose your type of document. Upload the required document photos and submit a picture of yourself holding your document. Click "Next" and follow the instructions to complete the verification. The advanced verification takes 2 to 10 minutes.
Note: Kindly ensure that the information on the document you're holding matches the uploaded document. All photos should be bright and clear, with all corners of the documents visible.
3.2 App Portal
Log in to your BingX account, and click on the avatar icon in the top left corner of the BingX app. Next, click "Verification".
(1) Basic Verification
Click "Verify Now" on the "Basic Verification" card. Follow the steps to fill in your information and click "Done". Your basic verification will take 1 minute.
(2) Advanced Verification
Click "Verify Now" on the "Advanced Verification" card. You only need to take photos of your identity document and a selfie to complete the verification. Click "Continue".
Select the issuing country and your document type. Then, authorize BingX to access your phone camera to take a photo of your document. Submit a selfie of yourself holding your document. The advanced verification takes 2 to 10 minutes.
For more information about KYC, please refer to:
KYC Benefits and Advantages at Different Levels
FAQs on Individual Identity Verification (KYC)
Common Reasons for Identity Verification (KYC) Failure and How to Fix Them