CoinW raises unverified withdrawal limit to 2 BTC per day

The cryptocurrency exchange CoinW raised the daily withdrawal limit for users without KYC to 2 BTC. ForkLog was told by representatives of the trading platform.

Withdrawal limits with KYC have not changed: clients with basic and advanced verification can withdraw up to 10 BTC and 100 BTC per day, respectively.

CoinW is a cryptocurrency exchange for spot and futures trading, P2P trades, and copy trading, founded in 2017.

In June 2023, CoinW received preliminary approval from the UAE’s Virtual Asset Regulatory Authority (VARA). In the same year it launched two new key products — a copy-trading platform and courses on the basics of trading in the cryptocurrency market.

“CoinW is the only exchange that supports leverage up to 200x, which allows traders to increase potential profits and maximise the opportunity in the market.”

“We carefully analyse projects for listing and select only those that demonstrate exceptional growth potential,” said Alexander Barantsev, head of CoinW’s business development department.

At present, CoinW ranks in the top 30 exchanges by trading volume according to CoinMarketCap and serves 9 million users in 13 jurisdictions, including countries in Eastern Europe and the CIS.

The platform plans to expand its presence in these regions and invites crypto bloggers and influencers to collaborate.

According to Alexander Barantsev, affiliate rewards include a larger share of referral commissions than rivals and additional bonuses in Tether (USDT). To clarify the terms, contact him at Alex@legend.tech or on Telegram.

Earlier ForkLog published the traditional calendar of important events for July 2023.