AML/KYC Policy
1. Introduction The policy of combating the legalization of proceeds obtained by criminal means and "Know Your Customer" (hereinafter referred to as "AML / KYC Policy") is designed to prevent and reduce the potential risks of bitok777.net (hereinafter simply the Service) being involved in any illegal activity. 2. Objective of Internal Regulation The Service adheres to practices and measures in the field of combating the legalization (money laundering) of proceeds obtained by criminal means and the financing of terrorism (AML). The purpose of these measures is to demonstrate that bitok777.net takes seriously any attempts to use its service for illegal purposes. 3. Warning The Service warns users against attempts to use the service for the legalization of funds obtained by criminal means, financing terrorism, any kind of fraud, as well as the use of the service for the purchase of prohibited goods and services. The Service, its administration, employees, and domain owners are not responsible for the unauthorized use of the service by third parties, actions of malefactors, and possible damage associated with the use of the service. 4. Requirements To prevent operations of an illegal nature, the service establishes certain requirements for all Applications created by the User: 4.1. The sender and receiver of the Payment under the Application must be the same person. The use of the Service for transfers to third parties is strictly prohibited. 4.2. All contact details entered by the User in the Application, as well as other personal data transmitted by the User to the Service, must be current and completely accurate. 4.3. It is strictly forbidden for the User to create Applications using anonymous proxy servers, VPN, Tor, or any other anonymous connections to the Internet. 5. Verification Procedures One of the international standards for preventing illegal activities is proper customer verification (hereinafter referred to as "Verification"). For this purpose, bitok777.net implements its own verification procedures in strict standards against money laundering and the "Know Your Customer" procedure. 5.1. The service may require the User to provide bitok777.net with reliable, independent source documents, data, or information for verification and confirmation of the sources of funds. The required documents may include: *A photograph with a passport, in unfolded form, clearly showing the photograph and full name; *Scan or photograph of the passport (first, second pages, and registration page in good quality); *Confirmation of the sources of funds (photos, screenshots, statements); *Video where the person sending the funds, with a passport in hand in unfolded form (clearly showing the photograph, full name), states that they created an order ID (order number) on the bitok777.net exchange, the sent funds are my personal property, and I bear full legal responsibility for this cryptocurrency, also on the video, it is necessary to mention the source of the funds; *Record a video taken from the platform from which the funds were sent, in the video, we should see the hash, sender and recipient addresses, the amount with the ticker, and the date of the transaction. The duration of the video should be at least 10 seconds. 5.2. In case of blocks due to high risk or official investigation, the funds will be withheld until verification is completed or the investigation is concluded. For such purposes, bitok777.net reserves the right to collect user identification information for AML/KYC Policy compliance purposes. 5.3. The service will take steps to confirm the authenticity of documents and information provided by Users. All legal methods for double-checking identification information will be used, and the Service reserves the right to investigate cases of certain Users whose identities have been identified as dangerous or suspicious.5.4. The service reserves the right to verify the identity of the User on a regular basis, especially when their identification information has been altered or their activity appears suspicious (unusual for a specific User). Additionally, the service reserves the right to request current documents from Users, even if they have passed authenticity verification in the past. 5.5. Information regarding user identification will be collected, stored, shared, and protected strictly in accordance with the Service's Privacy Policy and relevant rules. 5.6. After confirming the user's identity, the service may refuse to provide services to the User in situations where the service is being used for illegal activities. 5.7. Users intending to use payment cards for service consumption must undergo card verification according to the instructions available on the bitok777.net website. 5.8. The service has regulatory requirements for verifying the source of financial funds or cryptocurrencies to ensure that the sources of funds Users use for trading are legitimate. 5.9. In case a transaction is subject to additional control under the AML/KYC policy, the Service reserves the right to conduct an in-depth review. The verification process may take up to 90 (ninety) business days from the moment additional data is requested or the transaction is suspended. This period is required to complete all internal verification procedures and, if necessary, to cooperate with law enforcement or other competent authorities. The User will be notified about the initiation of the additional check through the contact details provided in the Application and is required to submit all requested information within the specified timeframes. 6. The person responsible for compliance with AML regulations is an individual duly authorized by the bitok777.net Service, whose duty is to ensure the effective implementation and compliance with the AML/KYC policy. 6.1. The responsibility of such an officer includes monitoring all aspects of bitok777.net's activities to counteract the legalization of proceeds from criminal activities, including money laundering and terrorism financing, including but not limited to the following methods: collecting user identification information; creating and updating internal policies and procedures for completing, reviewing, submitting, and storing all reports and records required in accordance with applicable laws and regulations; monitoring transactions and investigating any significant deviations from normal activities; implementing a records management system for proper storage and retrieval of documents, files, forms, and logs; regularly updating risk assessment; providing law enforcement agencies with information required by applicable laws and regulations. 6.2. The officer responsible for compliance with AML regulations has the right to interact with law enforcement agencies involved in preventing money laundering, terrorism financing, and other illegal activities. 7. System Functions The service performs a variety of tasks related to compliance, including data collection, filtration, record-keeping, investigation management, and reporting. System functions include: *Daily checks of Users for the existence of recognized "blacklists" (for example, OFAC), aggregation of transfers across multiple data points, placement of users on watchlists and denial of services, opening cases for investigation where necessary, sending internal messages, and filling out mandatory reports if applicable; *Case and document management. 8. Behavior Analysis The service verifies Users not only by checking their identity but, more importantly, by analyzing their behavior in transactions. Therefore, the Service relies on data analysis as a tool for risk assessment and suspicion detection. 9. Risk Assessments
Bitok777.net, in accordance with international requirements, applies the practice of risk assessment to combat money laundering and terrorism financing. By applying risk assessment practices to combat money laundering, bitok777.net ensures the proportionality of measures to prevent or reduce money laundering and terrorism financing with the identified risks. If our financial monitoring or AML department detects cases of deposits being received (or withdrawal attempts) from the Commex platform, the funds will be blocked. We remind you that we do not work with sanctioned platforms, the list of the most popular ones is provided below:
Garantex; Tornado Cash; Hydra; Blender.io; Lazarus Group; Genesis Market; Rapira; Capitalist; ChipMixer; Shinbad.io; Bitzlato; netex24.net; BTC-e / FinCEN; Grinex.io; Aifory.pro; Payeer.com; Bitpapa.com; Nobitex.ir;
Any Iranian platforms and other platforms from prohibited/sanctioned countries;
Meer.kg; 1xbet; Terminal.cash; SkyCrypto.net; FlashObmen.com; 60cek.net; hd-change.com; CoinBlinker.com; Metka.cc; AlfaBit.org; Heleket; Vexel; Fun Pay; Web Money; Freekassa; Yobit; exmo.com; exmo.me; Crypto Cloud; Cripta; BitBits; Nix Money; Bixter;
Operator “Offline”
Authorization
Reviews
Alexei
2026-01-25 22:45:00
Everything went well, quickly and reliably, and the exchange was completed. Thanks.
Kirill
2026-01-21 22:45:00
The exchanger is excellent, the operator Evgenia helped with the exchange, I boldly recommend this exchanger to everyone. I will continue to use it.