BLOG

2017-11-02 12:00:58

Compulsory account verification for deposits and withdrawals in FIAT

Abucoins introduces changes regarding the account verification policy. Now, users who want to make deposits and withdrawals in FIAT (USD/EUR/PLN) will be asked to verify their account. Until level 2 of account verification is reached, funds won’t be registered on user’s account nor will be available for withdrawal to bank account.



This change applies only to accounts registered after November 2, 2017. Users who registered their accounts before November 2, can still use Abucoins on previous terms.



At the same time we would like to emphasize that deposits and withdrawals in cryptocurrencies are not affected by these changes. For unverified users, daily limit of 1BTC withdrawals is still applicable.



If you have any questions concerning existing accounts or verification, we encourage you to contact our support.