Platform Update: Giottus sets KYC-linked withdrawal norms for its customers

Giottus has introduced four withdrawal slabs directly linked to the customers’ KYC completion level. This essentially means that the customers with the highest level of KYC compliance will have the highest crypto and INR withdrawal limits (refer to table below). This new step is in line with Giottus’s commitment to statutory compliance and its stance against financial crimes, money laundering, and illicit funding.

Giottus had undertaken a massive due-diligence activity of all its customers in the recent months to ensure a safe crypto trading ecosystem. All customers were required to verify their identity before they could use our full services including trading, staking, and sending/receiving funds. All existing and new customers are required to go through this additional know-your-customer (KYC) exercise. For further info, please email us at kyc@giottus.com or call our customer support team at +91–78248 78248.

Here is the detailed table:

The withdrawal limits in each level are examined on a case-to-case basis by Giottus. The final withdrawal limits assigned to a customer might be subject to further reduction or increase solely based on a decision by the Giottus compliance team. Customers who wish to increase their withdrawal limits may reach out to us on: kyc@giottus.com.