Your access rights to services like deposits, trading and withdraws are dependent on what personal information you have provided to us and whether we have been able to verify this information.
These are the different Verification Tiers:
Tier 0 - After you have registered your account and confirmed your email address, your acount becomes Tier 0. Now you are able to login to the Bullex Site and get familiar with it. You are able to deposit small amounts to 'test the water'. You are not able to fully deposit, trade or withdraw.
Tier 1 - For your account to become Tier 1 you will have to fill in a form with additional personal information like your full name, address and date of birth. We will verify this information and will check every registration against international sanction lists to protect you and ourselves against fraud or other financial crime. In this Tier you are able to deposit cryptocurrency. You may trade in crypto and also in fiat currencies. It is not possible yet to withdraw cryptocurrency.
Please note that if you are not from our target markets you cannot automatically start verification. Read the following FAQs for more information:
Tier 2 - Once you have started the process to upload a Copy ID to become Tier 3, your account will be upgraded to level 2. Your rights and limitations will still be exactly the same as for Tier 1.
Tier 3 - After you have uploaded your ID, we will check whether this ID is valid and whether the personal information matches the data you have provided before. Your account will become Tier 3 when the verification has been successful. Tier 3 will enable you to -with limits- deposit and withdraw fiat currencies and withdraw cryptocurrency.. You will also get higher limits for the deposit of cryptocurrencies.