A Person who has opened an account needs to provide his/her full contact details, prior to being allowed to deposit, trade and withdraw Crypto Currencies.
It is known as “Level 1 Clearance”, which allows deposits and withdrawals of Crypto Currencies and Tokens in the amount of 1,000 USD a day and 10,000 USD a month.
“Level 2 Clearance” allows deposits and withdrawals of Crypto Currencies and Tokens in the amount of 10,000 USD a day and 100,000 USD a month and for this a scanned copy of photo ID and proof of address is required.
“Level 3 Clearance” allows for unlimited deposits and withdrawals and for this, “BTCexchange” needs original certified photographic ID and proof of address in possession.