KYC/AML/KYT Policy
Last updated 14 June 2026
We adhere to international anti-money laundering (AML) standards, know-your-customer (KYC) principles, and screen the origin of crypto transactions (KYT). Below is how, when and why we conduct checks.
How a verified exchange works
- 01
Place an order
Pick the direction, amount and office. Most transactions go through without verification.
- 02
Verify when required
For large or unusual transactions you confirm your identity over a secure channel.
- 03
KYT funds check
Every incoming transfer is automatically screened for its origin via blockchain analytics.
- 04
Safe completion
Once checks pass, the exchange is executed. Re-verification is usually not needed.
Why We Conduct KYC/AML
Verification protects both clients and the service from fraud, and allows us to work with partner banks and payment systems within a legal framework. The scope of verification is proportionate to the risk of the specific transaction.
When Verification Is Required
Most standard exchange transactions proceed without verification. We may request documents in the following cases:
- the transaction amount exceeds the threshold established for the direction;
- the transaction shows signs of elevated risk or unusual behaviour;
- the selected direction requires mandatory identification (e.g. SEPA/SWIFT);
- a request has been received from a correspondent bank or regulator.
What Documents Are Required
Depending on the verification level, we may ask for:
- a photo of a government-issued identity document;
- a selfie with the document to confirm ownership;
- proof of address (utility bill, bank statement);
- proof of the source of funds for large transactions.
How the Verification Works
Documents are uploaded via a secure channel and reviewed by a responsible staff member. Standard turnaround is within a few hours during business hours; complex cases may take longer.
The order is suspended while verification is in progress. Once verification is successful, the transaction resumes automatically; repeat verification for subsequent transactions is generally not required.
AML Monitoring and Source of Funds
Incoming and outgoing transactions are screened against risk models and lists of sanctioned and high-risk addresses. If links to unlawful activity are identified, the transaction is suspended and funds may be frozen pending investigation.
For large transactions we reserve the right to request an explanation of the origin of funds. Refusal to provide such information is grounds for cancelling the transaction.
KYT — Crypto Transaction Screening
Every incoming crypto transaction is automatically scored for the origin of funds (Know Your Transaction) via blockchain-analytics services. We assess the link between the address, the received funds and illicit activity:
- sanctioned addresses and wallets (OFAC and similar lists);
- funds from mixers, darknet markets and high-risk services;
- links to fraud, theft, hacks and ransomware;
- indicators of terrorist financing and money laundering.
High-Risk Cryptocurrency
If KYT screening flags the incoming cryptocurrency as high-risk or unsuitable for exchange, the service does not process the exchange and returns the full received amount to the address the incoming transfer was sent from. The network fee for the return may be withheld from the returned amount.
We reserve the right to request additional information about the source of funds before making a decision.
Refusal of Service and Data Protection
The service may refuse to process a transaction without explanation, including upon failure to pass verification. In such cases, funds are returned to the sender's details minus any incurred costs.
Documents provided are used exclusively for identification and compliance purposes, stored securely, and are not shared with third parties except as expressly required by law.
What you can rely on
- Transactions screened against sanctioned and high-risk addresses — OFAC and similar lists.
- Wallets and counterparties checked against international anti-fraud and scam databases.
- Blockchain analytics on the origin of funds for every incoming cryptocurrency (KYT).
- Documents are stored securely and never shared with third parties except as required by law.
- Verification scope is proportionate to risk — standard transactions face no extra friction.