Is KYC Verification Required?

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Yes, KYC verification is required for certain transaction volumes on BlockBee. Specifically, KYC verification is mandatory for transactions exceeding $1000.

KYC Tiers

BlockBee has different KYC tiers based on transaction volumes:

  • No KYC: Up to $1000 volumes.
  • Partial KYC: This tier is necessary for volumes up to $500,000. It requires only ID verification.
  • Full KYC: This tier is required for unlimited transaction volumes, with no upper limit.

By adhering to these KYC requirements, BlockBee ensures the security and compliance of all transactions on its platform.