What Are My Daily Transaction Limits?

There are transaction limits that apply to each level of KYC completed. This limit refers to the total transaction amount that can be conducted at each account level.

Existing regulatory standards permit daily transaction limits to be increased depending on what level your account is on. This means that the more information you provide us to verify your identity, the larger amounts of crypto or cash you are able to transact on Bundle daily.

For KYC level one:

• There is a $50 limit on deposits & withdrawals for local currency such as Naira.
• There is no limit to how much crypto you can deposit at this level
• There is a $50 limit on withdrawals for crypto such as BNB, BTC and ETH

For KYC level two:

• There is a 10,000 BUSD limit on deposits & withdrawals for local currency such as Naira.
• There is no limit to how much crypto you can deposit at this level
• There is a 10,000 BUSD limit on withdrawals for crypto such as BNB, BTC and ETH

For now, there are only 2 KYC levels.

Why do these limits exist?

The Central Bank of Nigeria (CBN) directs financial institutions to verify the identity of their users before they can carry out certain transactions.

It's also very important to us that all our users are safe and secure, this means that we have to ensure we follow these guidelines religiously.

How to upgarde KYC