After spinning off from its parent company Circle, the crypto exchange Poloniex has introduced a new account for users. This tier named “Level 1” will not adopt KYC (Know-Your-Customer) measures, and will allow new users to make withdrawals of up to $10,000 per day with only the requirement of a verified email address and password. Additionally, users of the account will benefit from unlimited deposits, spot trading and staking services. Any unverified accounts that currently exist will be able to upgrade to the Level 1 tier. The exchange have indicated that this feature has been developed on the basis of customer feedback.
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