Benefits of Different Verification (KYC) Levels

Benefits of Different Verification (KYC) Levels

Refer to the table below to see the differences between KYC 1 and KYC 2:


KYC 1
KYC 2
Benefits
Deposit Limit
Up to 200,000 MYR per day
Unlimited
Fiat Top Up Limit
Up to 100,000 MYR per day
Unlimited
Withdrawal Limit
Up to 200,000 MYR per day
Unlimited
Required Documents
ID Card / Driving License / Passport
✅
✅
Liveliness Check (Selfie)
✅
✅
Proof of Address
❌
✅

    • Related Articles

    • How to Complete Individual Identity Verification (KYC)

      1. On the SIQO app homepage, tap “Me” at the bottom right. 2. In the Settings menu, select “KYC Verification.” 3. Choose your preferred verification level. Tap “Apply Now" after choosing your KYC level. 4. The system will redirect you to a secure ...

    • Common Reasons and Solutions for KYC Verification Failures

      The following are common reasons and solutions for KYC verification failures: Rejected Reason Possible Scenario/Description Solutions / Tips Required Documents Related Issues Invalid ID 1. The system has detected that your full name/date of birth on ...

    • Troubleshooting: Unable to Receive Email Verification Code

      If you're not receiving the email verification code from SIQO, follow the steps below to resolve the issue. Step 1: Check Your Junk or Spam Folder Emails may sometimes end up in your junk or spam folder. Please check there first to see if the code ...

    • The Different Types of Wallets in SIQO

      There are two types of wallet you can create in your SIQO Account: A. Personal Wallet A Personal Wallet is a secure, single-user cryptocurrency wallet designed exclusively for individual use. It gives you full and sole control over your digital ...

    • How to Transfer Crypto Assets to Other Wallets in Your SIQO Account

      Note: This guide covers transfers between your own SIQO wallets. This feature allows you to manage and move assets across different wallets under your own SIQO account—instantly and without network fees. If you want to make an on-chain withdrawal to ...