Quidax has two levels of verification and these two levels have different transaction limits.
Level 1 - Basic Level
Upgrading to this level requires you to provide either of the ID cards that will be stated below and your real time selfie. For the selfie, you need to look at the camera and move your head in a circular motion twice.
Here's a list of acceptable ID cards for your Basic level verification
-Ghana card or
-International Passport
On this level, you have access to unlimited deposits but your withdrawal limits are as follows;
Fiat(GHS) withdrawal limit
- Daily Withdrawal Limit: GHS 10,000
Crypto withdrawal limit
- Daily Withdrawal Limit: USDT 10,000
- Weekly Withdrawal Limit: USDT 50,000
- Monthly Withdrawal Limit: USDT 300,000
Level 2: Advanced Level
The advanced level gives you access to more limits if the limit on the Basic level is not satisfactory for your volume of transactions.
Acceptable documents for Advanced Level Verification
-Bank statement; not older than 3 months and has your name and address on it.
You also have access to unlimited deposits on this level but the withdrawal limits is as shown below;
Fiat(GHS) withdrawal limit
- Daily Withdrawal Limit: GHS 60,000
Crypto withdrawal limit
- Daily Withdrawal Limit: USDT 50,000
- Weekly Withdrawal Limit: USDT 250,000
- Monthly Withdrawal Limit: USDT 1,000,000
PS: Crypto withdrawal limit in USDT means you can also withdraw any coin equivalent to the amount of USDT on your level.
If you have any issues with your KYC verification, please reach out to us on support@quidax.com