As a licensed FinTech company, YIELD App is required to verify certain personal information about its users. This process, known as KYC (Know Your Customer), helps us protect our ecosystem against money laundering and fraud.
Please note that YIELD App does not store your personal data, this is solely processed by our trusted partner Sumsub and held within their secure data servers in compliance with data protection laws, including GDPR.
Completing KYC level 1 allows you to deposit assets, invest in our funds, and withdraw up to 100,000 USD in stablecoins, 3 BTC, 50 ETH, and 100,000 YLD per week.
Completing KYC level 2 increases your weekly withdrawal limit to 1,000,000 USD in stablecoins, 30 BTC, 500 ETH, and 1,000,000 YLD.
With new YIELD App platform technology updates and releases and the introduction of enhanced KYC, users will be able to access Fiat facilities, card membership programs and other new products and features. Users will also be able to increase their withdrawal limits for both Fiat and Crypto assets.
The limits and thresholds for all KYC limits will be reviewed periodically and set in line with prevailing licensing and regulatory obligations and the safety limits, features and protections provided through the YIELD App platform.