Our Verification Level & Limits
| Verification Level | Requirement | Trading limits | Deposit limits | Withdrawal Limits |
|---|---|---|---|---|
| L1- STARTER | Pass Your Email and Mobile Verification so We Know you are The Real Deal. | You Cannot Trade | You Cannot Trade | You Cannot Trade |
| L2 - PROTRADER | Pass your KYC process with flying colors. (Source of wealth checks will apply if deposit limits are more than $100,000 within every 7 days period). | No Trading Limit | $100,000 Every 7 Days. (Or the equivalent in Cryptocurrency). | $100,000 Every 7 Days. (Or the equivalent in Cryptocurrency). |
| L3 - ADVANCED | Undertake the Following: 1. Submit Source of Funds/Wealth 2. Complete a Due Diligence Questionnaire 3. Become Chainlysis Wallet Compliant |
There is No Trading Limit | There is No Trading Limit | There is No Trading Limit |
Fee Structure
| Maker Fees | Taker Fees | OTC Fees |
|---|---|---|
| 0.25% | 0.25% | 0.25% |
| Other Fees | Amount |
|---|---|
| Deposit Fiat | No Charge |
| Depositing Cryptocurrency | No Charge |
| Withdrawal of Fiat | 0.20% |
| Withdrawal of Cryptocurrency | 0.20% |
What Your Fees Pay For?
We only ever charge you what it costs us to send your money, plus a small margin. We reinvest that back into improving CryptoSouk.io
21% Offices and running costs
23% Operations and customer support teams
27% Margin and growing CryptoSouk.io
29% Building our products and service offerings
We calculated this data on 2nd August 2019, and it shows the average distributed cost of running this service for you.
Our Three Principles
1
Be radically transparent
Most companies aren’t always 100% honest about their fees and profits. We believe in having nothing to hide.
2
Charge as little as possible
Most companies charge as much as they can get away with. We do the opposite.
3