KYC 0 at GBTC Finance: operate with maximum agility and in compliance with regulations.

At GBTC Finance, we work every day to provide secure, legal, and easy access to the world of cryptocurrencies. That is why we have implemented a tiered verification system that adapts to the needs and trading volume of each user. The first of these tiers is KYC 0, designed for those who want to start trading quickly, without complications, and in compliance with all legal requirements.

What is KYC 0?

KYC 0 (Know Your Customer – Level 0) is the basic level of verification that allows low-volume, low-risk transactions to be carried out without the need to submit personal documentation.

At this level, users are only required to:

Provide an active and verifiable phone number and email address.
Accept the terms and conditions of use of the platform.
Confirm that they are operating on their own behalf and for lawful purposes.

Don't have an account yet?

What transactions can you do with KYC 0?

With KYC 0, you can:

Buy or sell cryptocurrencies in cash at GBTC physical stores for amounts less than €999 per transaction.
Carry out several transactions per month, provided that they do not exceed the total cumulative limit of €2,999 per month, complying with the legal fractioning requirements.

Important note: to avoid regulatory circumvention, transactions must be justified for different economic purposes and carried out with a minimum separation of 72 hours between each one.

Why does this level exist?

KYC 0 complies with current regulations (Law 10/2010 on the Prevention of Money Laundering and Terrorist Financing in Spain) and allows for a balance between accessibility and regulatory compliance:

Accessibility: allows new users to operate quickly, without barriers to entry.
Legality: it ensures a secure and traceable framework, with measures to prevent misuse.
Scalability: if you want to trade with higher amounts or receive additional services, you can easily scale up to KYC levels 1, 2 or 3.

When should you move to KYC 1?

If you need to:

Exceed the daily limit of €999 per transaction and the monthly threshold of €2,999 for customers who are not residents of Spain.
Exceed the annual limit of €9,999.

Then you must complete the next level of verification, which involves providing personal and/or financial documentation as appropriate.

At GBTC Finance, we believe in a transparent and secure financial ecosystem, without sacrificing the speed and efficiency that users demand.

KYC 0 is your gateway to the crypto world. Easy. Fast. Legal.

Do you have any questions? Contact our support team or visit one of our physical stores.

SUPPORT TEAM

Jorge