There are three levels of identity verification (Basic, Intermediate, and Advanced) which are determined by the volume of purchase or sale of cryptocurrencies. When the limit of one level is exceeded, it is necessary to upgrade to another level by providing the necessary documentation.
The Basic level allows purchases/sales of up to 5,000 €. Proof of residency is required to upgrade to the next level.
The intermediate level allows up to €15,000. Enhanced due diligence or proof of origin of funds is required to upgrade to the next level or Advanced level.
Note: Remember that these limits may change without prior notice. If you have any doubts, please contact us.