KYC/AML Policy

Last updated: April 2026

We only ask you to pass the KYB/KYC procedure in a rare case when a certain transaction is marked as suspicious. See below why that may happen and what you can do.

Cryptocurrency & Privacy

In the cryptocurrency market, people usually prefer to stay anonymous. The whole industry was built on the ideas of freedom from banks and governments, free value exchange without any regulation.

We understand and respect this philosophy. AliBitress accepts over 400 cryptocurrencies — including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), XRP, Dogecoin (DOGE), Litecoin (LTC), Monero (XMR), and many more — precisely because we believe in the power of decentralized, borderless payments.

Anti-Money Laundering (AML) Efforts

At the same time, we strive to do everything we can to protect our customers from any form of risk or fraudulent activity. These efforts are called anti-money laundering (AML), and AliBitress is proud to actively participate in the common AML efforts across the cryptocurrency industry.

How We Detect Suspicious Activity

But how do we recognize fraudulent activity? Advanced algorithms can detect potential money laundering patterns by analyzing blockchain transaction data. This is an extremely rare case, but when a transaction is marked as suspicious, we put it on hold and ask the user to verify their identity and prove the legality of the transaction.

This includes providing:

  • A photo of a valid government-issued ID
  • Proof of the source of deposited funds
  • A selfie with the ID and a printout of the note provided by our support team

The KYC/AML Procedure

This is called the KYC/AML (“Know Your Customer”) procedure and is a widely recognized way to protect the market from scams. Implementing it is required by a number of regulations active in the cryptocurrency market, but we don't do it simply because the law obliges us — we believe in the bright future of the crypto industry and make everything possible to make it a safe place for everyone.

Your Privacy Choices

If you are asked to undergo this procedure but do not want to reveal your identity, we respect your choice. Please be mindful that the resolution will be carried out upon completion of the internal checks on a case-by-case basis.

Important: The KYC procedure is not required for normal purchases. It is only triggered in the rare event that a transaction is flagged by our automated fraud-detection systems.

Contact

If you have questions about our KYC/AML policy or need assistance with a flagged transaction, please contact our support team. We are available 24/7 to help resolve any concerns.