cic-docs/spec/008_Trade_Limits.md

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# Trade Limits
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valid status values are: Pre-draft|Draft|Proposal|Accepted
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* Authors: Firstname Lastname <email> (url)
* Date: YYYY.MM.DD
* Version: 1
* Status: Pre-draft
## Rationale
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Why are you proposing this?
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Various incentives as well as KYC requirments for us to limit trading to users until they pass certian strandards.
## Before
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## After
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### All User Limits
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1. KYC LImits for max amount of trade per week for
1. phone verification = 50,000 Tokens
1. ID verification = 100,000 Tokens
1. secondary ID verification = 500,000 Tokens
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1. Incentive Limits
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1. Max exchange to fiat 30,000 tokens
1. Max number of excahnges per month = 1
1. Min amount of trade before excahnge = amount being cashed out
1. Max % of Balance = 50%
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## Implementation
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## Testing
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## Changelog
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* version 1:
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