According to the official release, the cryptocurrency exchange Bybit will begin implementing a new KYC procedure for its products on December 15th.
This modification will encompass one-click cryptocurrency purchases, fiat money deposits and P2P transactions, NFT purchases, and so on. From December 30, Bybit will also require KYC for NFT deposits, withdrawals, and purchases.
The daily withdrawal limit for users without KYC will be increased from 2 BTC to 20,000 USDT on December 20, and the monthly withdrawal limit will be increased to 100,000 USDT. All token withdrawal limits must adhere to the USDT equivalent value.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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