Although most cryptocurrencies have an open transaction history, some may include funds from illegal sources: the dark web, ransomware, fraud, or terrorist activities. Today, we will explain why it's important to check addresses for cleanliness and recommend our service in the bot!
WHY IS AML CHECKING NECESSARY?
Individuals often do not realize that they have received funds from questionable sources. If an exchange detects this, the cryptocurrency will be blocked, including "clean" assets. Investigations and the need to prove innocence can take a long time, potentially disrupting important transactions, such as real estate purchases. To avoid risks, check cryptocurrency before it is credited to your wallet. This is especially important if it comes from individuals or unregulated sources. The potential loss of time and assets is a strong argument in favor of such checks!
Why it is important for everyone:
- You will avoid dealing with addresses associated with fraud or illegal activities.
- Exchanges and payment systems often block suspicious transactions, and AML checks will prevent such situations.
A mandatory step to protect your funds and reputation:
- The check helps you stay within international regulations and avoid fines.
- By working with verified addresses, you maintain the trust of clients and partners.
HOW TO USE IT?
How to reduce risks? Exchanges conduct such checks automatically, but you can also reduce them yourself:
- Check the addresses of senders and recipients in @garantcashbot, using the free address verification feature (up to 5 checks).
- Use a new address to receive funds and check their origin before transferring to your main wallet, receiving a report on the address's cleanliness with just a few clicks.
- Regularly update your wallets to avoid the impact of negative risk scores from counterparties.
Available networks: BTC, ETH, TRX, LTC. Choose the required network, for example, BTC, and send the address for verification. The first five checks are free!
CHECK ADDRESS
Check addresses with RSI GARANT and be confident in the security of your transactions! To prevent the blocking and freezing of your assets, don't neglect checking the "cleanliness" of cryptocurrencies. This way, you minimize risks for yourself: you won’t unknowingly become involved in money laundering or other crimes!
