Effective Date: May 2026 | Last Updated: May 2026
Xchange On is committed to maintaining a secure, transparent, and compliant digital asset ecosystem. This Anti-Money Laundering and Counter Financing of Terrorism Policy (“AML/CFT Policy”) outlines the principles, procedures, and controls implemented by Xchange On to prevent the misuse of its platform for illegal financial activities, including money laundering, terrorist financing, fraud, sanctions violations, and other unlawful conduct. This Policy applies to all users, employees, partners, contractors, and third parties interacting with Xchange On services.
The purpose of this AML/CFT Policy is to:
Xchange On follows a risk-based compliance approach aligned with internationally recognized AML/CFT principles and industry standards.
Xchange On maintains a strict zero-tolerance approach toward: money laundering, terrorist financing, financial fraud, sanctions evasion, corruption and bribery, identity theft, and the illegal use of digital assets.
We are committed to complying with applicable laws, regulatory obligations, sanctions frameworks, and global AML/CFT recommendations, including risk-based compliance standards commonly adopted across the digital asset industry.
Xchange On applies a risk-based approach to AML/CFT compliance. Users, transactions, jurisdictions, and activities are continuously evaluated based on risk indicators, including:
Higher-risk users may be subject to additional compliance procedures and monitoring.
Xchange On may require users to complete identity verification before accessing certain services or transaction limits. Verification may include:
We reserve the right to:
Anonymous or fictitious accounts are strictly prohibited.
Enhanced verification procedures may apply to:
EDD measures may include:
Xchange On reserves the right to decline or terminate business relationships presenting elevated compliance risks.
Xchange On continuously monitors platform activity to identify suspicious behavior and financial crime risks. Monitoring systems may review:
Transactions may be delayed, restricted, reviewed, or rejected if suspicious activity is detected.
Xchange On prohibits access to individuals, entities, or jurisdictions subject to sanctions or legal restrictions. We may screen users against international sanctions lists, government watchlists, politically exposed person databases, adverse media sources, and blockchain risk intelligence systems. Accounts associated with sanctioned or prohibited activities may be frozen, restricted, or reported to relevant authorities.
Users are strictly prohibited from using Xchange On for the following:
Any attempt to misuse the Platform may result in immediate account suspension, asset freezing, permanent account termination, and reporting to law enforcement authorities.
Xchange On may request documentation verifying the legitimacy of user funds. Accepted documentation may include bank statements, salary records, business income documentation, tax filings, investment records, or blockchain transaction evidence. Failure to provide satisfactory documentation may result in account restrictions or transaction refusal.
Xchange On maintains records related to user identification, verification documents, transaction history, compliance reviews, and suspicious activity investigations. Records may be retained for the period required under applicable laws and compliance obligations.
Xchange On reserves the right to investigate, monitor, and report suspicious activities to relevant authorities where legally required. Users acknowledge that certain transactions may be delayed or blocked, reporting may occur without prior notice, and Xchange On may cooperate with regulatory or law enforcement agencies.
Xchange On maintains internal compliance procedures and may conduct AML/CFT training programs, internal audits, risk assessments, compliance reviews, and employee monitoring and reporting procedures. Compliance responsibilities apply across operational and management functions.
Xchange On may work with third-party verification providers, blockchain analytics services, payment processors, and compliance vendors to support AML/CFT operations. Users acknowledge that certain information may be shared with compliance partners where required for legal and security purposes.
Xchange On reserves the right to restrict deposits or withdrawals, freeze suspicious transactions, suspend trading activity, refuse platform access, or permanently terminate accounts. Such actions may occur without prior notice where legally permitted or necessary for compliance purposes.
Xchange On supports internationally recognized AML/CFT standards, including risk-based compliance principles widely adopted across the digital asset industry and global financial systems.
By using Xchange On, users agree to:
Users remain solely responsible for ensuring their activities comply with laws in their jurisdiction.
Xchange On reserves the right to amend, modify, or update this AML/CFT Policy at any time. Updated versions become effective immediately upon publication on the Platform. Continued use of Xchange On services after updates constitutes acceptance of the revised Policy.
For compliance-related questions or AML/CFT inquiries, users may contact Xchange On through the official support channels available on the Platform.
Xchange On is committed to maintaining a secure, compliant, and trustworthy digital asset environment. Through strong AML/CFT controls, ongoing monitoring, and responsible compliance practices, we aim to protect users, support regulatory integrity, and contribute to the long-term growth of the digital asset ecosystem.