Can I buy Bitcoin and other cryptocurrencies on Flux without submitting KYC documents such as AADHAAR Card, PAN Card, Passport, Driving License etc?
Yes, you can Buy or Sell cryptocurrencies on Flux without going through mandatory KYC documents procedure. To make the trading experience of Indian traders we have removed the mandatory KYC process which requires users to submit their KYC Documents such as AADHAAR Card, PAN Card, Passport, Driving License etc.
But a non-KYC user is restricted to a certain limit of trading on Flux where as a KYC verified user has more advantages and benefits as compared to non-KYC verified user.
Trade and Order Limits of a non-KYC user
- A non KYC verified user can trade between 1,00,000 equivalent of INR per day.
- A non KYC verified user can create an order with a max limit of 50,000 equivalent of INR per Order.