Poloniex Account Type

Poloniex offers two main account verification levels for users: Level 1 and Level 2.

Level 1 Account

• Trading: Unlimited spot trading and deposits.
• Withdrawal Limit: $10,000 per day.
• KYC Requirement: Not mandatory; just requires email verification.
• Features: Access to lending and basic trading functionalities.

Level 2 Account

• Trading: Unlimited spot trading and deposits, plus access to margin trading and futures.
• Withdrawal Limit: $500,000 per day without two-factor authentication; $1,000,000 per day with two-factor authentication.
• KYC Requirement: Mandatory; requires identity verification.
• Features: Custom withdrawal limits, faster account recovery, and access to advanced trading features.

Poloniex Broker Account Opening Process

To open an account with Poloniex, follow these steps:

• Visit the Website: Go to Poloniex.com.
• Sign Up: Click on the "Sign Up" button on the homepage.
• Provide Information: Enter your email address and create a strong password.
• Email Verification: Check your email for a verification link and click it to verify your account.
• Enable 2FA (Optional): For added security, you can set up two-factor authentication.
• Complete KYC (For Level 2): If you want to access Level 2 features, submit required documents for verification, including a government-issued ID and proof of address.

Once your account is verified, you can start trading on Poloniex!