KYC and AML user tiers policy

Notes:

1. All amounts are in EURO and apply only to FIAT balances.
2. For non-EUR balances the amounts are converted to EUR at the daily official exchange rate before adding to your AML limits.
3. All threshold amounts are summed up on a per-year basis (ie. for Level 2 you may deposit up to 20,000 in 2021 and again up to 20,000 EUR 2022.
4. The threshold amount is counted separately for deposits and withdrawals (i.e. for Level 2 an account and deposit up to 20,000 and separately withdraw up to 20,000 EUR).
5. (*) based on the documents provided by you a limit will be set by our AML officer. You may ask to increase that limit at any moment, by providing documents for other funding sources.

A Proof of Sources of Funds (POSOF) is any (collection of) document(s) that explains where the funds used for a fiat deposit originated and where the crypto assets used for a fiat withdrawal originated.

Any POSOF document submitted needs to cover all deposits or withdrawals via that particular funding method.

Acceptable Individual POSOF:

• Tax Return (last two taxable years)
• Letter from Bank/Accountant stating assets
• Bank statement and/or equities statement
• Paystub(s) showing previous two years income
• An accountant’s letter stating a client’s real estate holdings and inheritance suffice for net worth

For High Limits Only in Level 4:

• If holding wealth on another exchange: an account statement or proof of balances letter.
• If holding wealth on a private wallet: sign a message using your cryptocurrency address.

Acceptable Corporate POSOF

• Audited Financials
• Tax Return (last two taxable years)
• Bank or Brokerage Letter Stating Assets
• Standardized statement from a digital asset exchange
• Proof of balance at crypto exchange(s)
• Signed message on crypto wallet