Within the identity verification process, three different levels are established: Basic, Intermediate, and Advanced. These levels are determined based on the volume of cryptocurrency buying or selling transactions a user conducts.
The Basic level offers the ability to perform cryptocurrency buying or selling transactions with a limit of up to €5,000. To progress to the Intermediate level, the submission of proof of residence is required to complete this process.
At the Intermediate level, users can conduct buying or selling transactions with a maximum value of up to €15,000. If you aim to advance even further and reach the Advanced level, enhanced due diligence is required, or you may need to provide proof of the source of funds.