FTX has three different tiers of KYC (Know Your Customer) requirements. Please see below for a summary of the levels:
||No ability to trade, deposit, or withdraw; just to explore the site.|
Crypto only withdrawals: $2000 USD limit or equivalent per day.
No crypto deposit limit. No fiat deposit or withdrawal.
Enhanced diligence may be required.
Full Legal name
|Unlimited crypto and fiat deposits & withdrawals.|
Note all deposits and withdrawals are subject to inspection using chainalysis** and FTX reserves the right to request additional information on a case by case basis.
For in depth KYC policy please refer to our Anti-money laundering (AML)/economic and financial sanctions compliance policy document below.
KYC application submission:
1. Go to home page: https://ftx.com/
2. Log in or Register
3. https://ftx.com/profile and click 'VERIFY IDENTITY'
4. Fill out the Level 1 Identity Verification form to get Tier 1 KYC verified ($2k USD/day withdrawal limits)
5. Complete the KYC form and documents upload to get Tier 2 KYC verified (unlimited withdrawals)
**FTX has recently engaged with Chainalysis to monitor suspicious cryptocurrency transaction alerts in the Chainalysis Know Your Transaction (KYT) product, the real-time anti-money laundering (AML) compliance solution for monitoring cryptocurrency transactions. It is the first compliance alerts solution available across 15 cryptocurrencies. By monitoring our transactions in the Chainalysis KYT, FTX is able to receive real-time alerts to help their business mitigate exposure to regulatory and repetitional risk. Their system will help our compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources