> For the complete documentation index, see [llms.txt](https://docs.propw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.propw.com/help-center/propw-trading-rules/propws-kyc-verification-rules.md).

# PropW's KYC Verification Rules

Dear PropW Users,

To ensure a smoother user experience and continue embracing global compliance in our operations, we have further simplified the account verification process on December 5 (UTC+8). Please update your app to the latest version at your earliest convenience. This update is designed to save you valuable time and allow you to focus more on trading.

The previous platform KYC verification system has been updated as follows:\
Note: KYC (Know Your Customer) is a mandatory identity verification procedure used to confirm the authenticity of customers, aimed at preventing financial crimes such as money laundering, terrorist financing, and fraud. Hereinafter referred to as "KYC" in this announcement.

1.Basic Review (K0):\
During the registration and challenge phases, no additional verification information is required. Upon completing the trading challenge and passing platform review, you will be eligible for live trading.

2.Basic Verification (K1):\
Before withdrawing profit rewards from your live account for the first time, the system will guide you through this level of verification. You will need to provide information such as your real name, date of birth, and country of residence.\
Note: Users must still comply with restrictions on globally prohibited business regions and internationally sanctioned countries.

3.Advanced Verification (K2/K3):\
When your account reaches higher withdrawal limits or compliance requirements, this level of verification must be completed. The platform will notify you of the specific steps. Please follow the instructions to complete the process. We will provide clear guidance and support throughout.  

| Certification Level | Cumulative Withdrawal (USDT)                          |
| ------------------- | ----------------------------------------------------- |
| K2                  | ≥10000                                                |
| K3                  | ≥50,000 or compliance-triggered verification required |

Note: K2 corresponds to CoinW's C1 verification, and K3 corresponds to CoinW's C2 verification. Users will need to complete CoinW's identity verification as per their standards.

This adjustment aims to streamline the initial process through a clear verification ladder while providing comprehensive compliance support when necessary, allowing you to trade with greater peace of mind and focus.  


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