Key Words: KYC, ID Authentication.
- What is KYC?
KYC Authentication is an ID Authentication, which verifies the users’ identification from the information on their ID card/ Passport/ or Driving License.
- Why KYC Authentication is important？
To improve the security level of users’ account/assets, Bingbon encourages users to complete KYC Authentication. There is a risk control setting as a withdrawal amount limit for unauthenticated accounts regarding withdrawal service.
USDT- daily limit 10,000; single transaction limit 10,000; cumulative max. 40,000.
ETH- daily limit 50; single transaction limit 50; cumulative max. 200.
BTC- daily limit 1; single transaction limit 1; cumulative max. 4.
USDT- daily limit 1000,000; single transaction limit 100,000; no cumulative limit.
ETH- daily limit 400; single transaction limit 150; no cumulative limit.
BTC- daily limit 5; single transaction limit 2; no cumulative limit.
- How to complete KYC Authentication？
1.Click the [Authentication] button at the [Account] page on Bingbon App.
2.Enter your ID info. according to the instructions.
(Please make sure that the information you have entered is the same as your ID card/ Passport/ Driving License.)
3.Upload your photos according to the instructions provided.
- If your KYC is submitted before 18:00 (GMT+8), it will be reviewed on the same day. KYC submitted after this time will be reviewed before 12:00 (GMT+8) on the following day, so please be patient.
- If your KYC review has failed, please resubmit in accordance with the comments provided by the system. You can also contact Customer Support if you have any questions.