FTX App (Blockfolio) International Users
FTX has three different tiers of KYC (Know Your Customer) requirements. Please see below for a summary of the levels:
KYC Level |
Requirements |
Limits |
0 |
*Check for restricted jurisdictions |
|
1 |
Full Legal Name Date of Birth Country of residence and region/province
*Check for restricted jurisdictions *Phone number should match location |
* Enhanced diligence may be required. |
2 |
Full Legal name Date of birth Address Proof of Address / phone jurisdiction Description of source assets Passport or other similar government issued identification Facial verification |
New accounts
Old accounts
|
Note all deposits and withdrawals are subject to inspection using chainalysis** and FTX reserves the right to request additional information on a case by case basis.
For in depth KYC policy please refer to our Anti-money laundering (AML)/economic and financial sanctions compliance policy document below.
FTX APP (Blockfolio) US users
KYC Level |
Early Credit for ACH Deposits |
ACH Deposit Limit (rolling 10-day period) |
Credit Card Limit (rolling 7-day period) |
KYC 1 without valid SSN |
$500 |
$500 |
$500 |
KYC 1 with valid SSN |
$2 000 |
$2 000 |
$2 000 |
KYC 2 (new) |
$2 000 |
$2 000 |
$2 000 |
KYC 2 (old) |
$5 000 |
$5 000 |
$5 000 $2 999 max per transaction |
**FTX has recently engaged with Chainalysis to monitor suspicious cryptocurrency transaction alerts in the Chainalysis Know Your Transaction (KYT) product, the real-time anti-money laundering (AML) compliance solution for monitoring cryptocurrency transactions. It is the first compliance alerts solution available across 15 cryptocurrencies. By monitoring our transactions in the Chainalysis KYT, FTX is able to receive real-time alerts to help their business mitigate exposure to regulatory and repetitional risk. Their system will help our compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources
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