Understanding KYC Verification on OKX
KYC (Know Your Customer) verification is a mandatory security process for cryptocurrency platforms like OKX to comply with global financial regulations. It involves three tiers of identity confirmation to ensure account security and enable full platform functionality.
Why KYC Matters:
- Regulatory Compliance: Meets anti-money laundering (AML) requirements
- Account Security: Protects against unauthorized access
- Full Platform Access: Unlocks all trading features
- Better Trading Conditions: Access to premium rates and trusted merchants
Step-by-Step Verification Guide
Mobile App Process:
- Tap your profile icon (top-left corner)
- Select "Identity Verification"
Complete these verification levels:
- KYC1: Basic ID verification
- KYC2: Advanced document verification
- KYC3: Video verification (mobile only)
👉 Learn more about verification levels
Web Browser Process:
- Log in to your OKX account
- Click your profile icon (top-right)
- Navigate to "Identity Verification"
- Complete all three verification tiers
Verification Requirements
| Verification Level | Documents Required | Benefits Unlocked |
|---|---|---|
| KYC1 (Basic) | Government-issued ID | 200 BTC daily withdrawal |
| KYC2 (Advanced) | ID + proof of address | Higher withdrawal limits |
| KYC3 (Video) | Live verification | Full platform access |
Key Considerations
Account Limitations:
- Without KYC: Only supports crypto deposits/withdrawals and spot trading
- With KYC: Enables fiat transactions and all trading pairs
Verification Tips:
- Ensure documents are clear and valid
- Use natural lighting for video verification
- All information must match your official documents
👉 Troubleshooting verification issues
Frequently Asked Questions
Why can't I complete verification?
Common issues include:
- Blurry document photos
- Expired identification
- Mismatched personal information
How long does verification take?
Most applications process within:
- 15 minutes for basic verification
- 24 hours for advanced levels
Can I change my verified information?
No. Once verified, personal details cannot be modified. Contact support for special cases.
Verification Benefits
- Increased Security: Reduces fraudulent activity
- Higher Limits: 500 BTC daily withdrawal after full verification
- Better Rates: Access to premium trading conditions
- Account Protection: Safeguards against unauthorized changes
Remember: Each ID can only verify one OKX account. Complete all verification levels for optimal trading experience.