What is limit for withdrawal?
The withdrawal limit defines the maximum amount of funds you can transfer out of your Solcex account within a 24-hour period. This limit is set to ensure asset security and maintain regulatory compliance.
Prerequisites
This limit is generally applicable to accounts that have completed Standard (Level 1) Identity Verification (KYC).
You must have sufficient funds available in your Spot Account.
Standard Daily Withdrawal Limit
Fixed Limit: The maximum value that a standard verified account can withdraw over a rolling 24-hour period is 1,000,000 USDT (or the equivalent value in other cryptocurrencies).
Denomination: The limit is denominated in USDT (Tether), serving as the benchmark stablecoin equivalent for the value of the withdrawal.
Where to Check Your Remaining Limit
Access Withdrawal Page: Log in to your Solcex account and navigate to the "Spot Account" section, then click "Withdraw."
View Remaining Allowance: When initiating a withdrawal, the system will clearly display your Remaining Daily Limit for the chosen cryptocurrency, allowing you to track how much more you can withdraw within the current 24-hour cycle.
Increasing the Limit
Advanced Verification (KYC): If your withdrawal needs exceed the 1,000,000 USDT daily limit, you will need to apply for Advanced (Level 2) Identity Verification.
Review New Limits: Upon successful completion of Advanced Verification, your daily withdrawal limit will be significantly increased (e.g., to 10,000,000 USDT), providing greater transactional flexibility.
Security Note:
Withdrawal limits are a fundamental part of the platform's security architecture. Any attempt to change or increase your limits will require strict security verification.
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