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Are you ready to unlock the full potential of your Bybit EU account? Completing know your customer (KYC) verification is the gateway to enhanced trading features, higher withdrawal limits, and exclusive benefits.
Key Takeaways:
Complete Standard KYC to unlock essential features, including Spot trading and Earn products.
Two verification levels are available: Standard Verification is mandatory, while Advanced Verification offers higher withdrawal limits and additional features
KYC Verification typically takes between 15 minutes and 48 hours to be processed, depending upon document quality and verification tier.
Know your customer (KYC) is a crucial identity verification process that cryptocurrency exchanges like Bybit EU are legally required to implement. This regulatory compliance measure confirms user identities, enhances platform security and prevents financial crimes, such as money laundering and terrorist financing.