The OKEx has introduced mandatory requirements, according to which all users of the site must undergo a verification procedure in order to be able to withdraw funds. This is reported on the website of the trading platform.
The first level of verification allows users to withdraw amounts up to 2 BTC within 24 hours. To activate this level, the users need to provide only passport data.
The second level allows the withdrawal of amounts up to 100 BTC (in some cases even more, depending on the volume of the user’s trading). To get Level 2 verification users must provide copies of documents with information about the place of residence + passport data.
The new rules will start at August 28 this year. Also, the OKEx administration warned users that it is possible to have only one account on this platform. Before the new rules come into effect, the users of the exchange are advised to consolidate their funds in one of their accounts. chequersfeedback
The requirements also apply to all users of exchanges operating under the OKEx partner program.