At Bitsbase, we are committed to preventing financial crime, including money laundering, terrorist financing, and fraud. This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy outlines the procedures we follow to verify users and monitor transactions.
To comply with global regulatory standards, Bitsbase requires users to complete identity verification before accessing certain services. Users may be required to provide:
Bitsbase performs Know Your Customer (KYC) procedures to verify the identity of individuals using our services. This process helps ensure compliance with applicable financial regulations and prevents misuse of the platform.
We continuously monitor transactions on the platform for suspicious activity. Transactions may be reviewed or flagged based on risk indicators such as unusually large transfers, rapid transaction patterns, or activity linked to known high-risk jurisdictions.
If suspicious behavior is detected, Bitsbase reserves the right to suspend accounts, delay transactions, or report activity to relevant regulatory authorities as required by law.
We screen users and transactions against international sanctions lists and other compliance databases to ensure adherence to global regulatory obligations.
Bitsbase may request additional verification information at any time to maintain compliance with regulatory requirements.
This AML / KYC Policy may be updated periodically to reflect changes in regulations or company practices. Users will be notified of significant updates where applicable.
If you have questions regarding this policy, please contact us at support@bitsbase.com.