Introduction
KYC (Know Your Customer) verification is an essential regulatory requirement in the cryptocurrency industry. MEXC Global, one of the world's leading digital asset exchanges, has implemented KYC procedures to ensure compliance and protect its users. This comprehensive guide provides a step-by-step explanation of MEXC's KYC requirements, the benefits of completing verification, and tips to streamline the process.
MEXC offers three KYC levels: Basic, Intermediate, and Advanced. Each level unlocks different features and withdrawal limits.
Level | Withdrawal Limit | Additional Features |
---|---|---|
Basic | 2 BTC/day | Spot trading, limited withdrawals |
Intermediate | 100 BTC/day | Margin trading, futures trading |
Advanced | 200 BTC/day | OTC trading, exclusive promotions |
Completing KYC verification on MEXC brings numerous benefits, including:
Step 1: Prepare Required Documents
You will need the following documents to complete KYC:
Step 2: Access MEXC KYC Portal
Navigate to the MEXC KYC portal: https://www.mexc.com/user/security-setting
Step 3: Select KYC Level
Choose the KYC level that meets your needs. Remember, higher levels require more documents.
Step 4: Submit Documents
Upload clear and legible copies of your required documents. Ensure that all details are visible.
Step 5: Verification
MEXC's team will review your submitted documents. The verification process may take 1-3 business days.
Story 1:
A user accidentally uploaded a photo of his cat instead of his ID. MEXC's KYC team responded with a gentle reminder: "We love cats, but they make terrible customers."
Lesson: Double-check your uploads before submitting.
Story 2:
One user used a photo of his grandfather's national ID to complete KYC. The verification team politely declined and asked for a photo of the user himself.
Lesson: KYC is for verifying your identity, not someone else's.
Story 3:
A user submitted a photo of his ID with a Snapchat filter on his face. MEXC's team replied with a fun message: "While we appreciate your creativity, we'll need a more traditional version."
Lesson: KYC is a serious process, so approach it professionally.
Table 1: KYC Document Requirements
Document Type | Basic | Intermediate | Advanced |
---|---|---|---|
ID Card | Required | Required | Required |
Proof of Address | Optional | Required | Required |
Selfie | Optional | Required | Required |
Table 2: KYC Withdrawal Limits
KYC Level | Withdrawal Limit |
---|---|
Basic | 2 BTC/day |
Intermediate | 100 BTC/day |
Advanced | 200 BTC/day |
Table 3: KYC Verification Time
KYC Level | Verification Time |
---|---|
Basic | 1-3 business days |
Intermediate | 1-3 business days |
Advanced | 3-5 business days |
Q1: Is KYC mandatory on MEXC?
A: Yes, KYC is required to unlock higher withdrawal limits and access exclusive features.
Q2: What happens if my KYC is rejected?
A: MEXC will provide a reason for the rejection. Resubmit your documents with the necessary corrections or contact support for assistance.
Q3: Can I change my KYC level later?
A: Yes, you can upgrade your KYC level by providing additional documents.
Q4: How do I know if my KYC is verified?
A: Once your KYC is approved, you will receive an email notification and see a green "Verified" badge in your account settings.
Conclusion
Completing KYC verification on MEXC Global is crucial for maximizing withdrawal limits, enhancing security, and accessing exclusive features. By following the step-by-step guide and adhering to the tips and tricks provided, you can streamline the process and ensure a seamless experience on the exchange. Remember, KYC is an important regulatory measure that protects both the exchange and its users by preventing fraudulent activities and ensuring compliance with industry standards.
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