Is KYC mandatory to register/signup/trade on Flux?
KYC is not mandatory in order to register or start trading on Flux. A user can eventually start trading and create orders on Flux without KYC getting verified. 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 upto 1,00,000 INR per day.
- A non KYC verified user can create an order with a max limit upto 50,000 INR per Order.