AML Policy

User Identity Verification and Anti-Money Laundering Policy


This policy outlines the procedures for user identity verification and the prevention of money laundering (AML) on the Smart Bitcoin Investor platform (“Platform”). Smart Bitcoin Investor reserves the right to modify, add, or remove portions of this policy at any time without prior notice. It is your responsibility to review this policy regularly for updates. Continued use of the Platform following changes implies acceptance. This policy is also subject to our Terms of Use and Privacy Policy.

By using the Platform, you expressly consent to Smart Bitcoin Investor’s continuous monitoring and collection of your activity data for KYC and AML purposes.

Smart Bitcoin Investor is committed to preventing money laundering and implements processes to ensure the Platform is not used for illegal activities.


  • Applicable Law: Refers to relevant statutes, laws, regulations, ordinances, rules, judgments, orders, etc.
  • Crypto(s): Virtual digital assets such as bitcoin (BTC) and Ether (ETH) that can be traded electronically using the Platform.
  • Customer/User/You: Refers to any individual using/accessing the Platform for Crypto trading.
  • Customer Due Diligence (CDD): Process of identifying and verifying a customer’s identity using reliable sources.
  • Person: An individual above eighteen (18) years of age and a US citizen-resident.
  • Politically Exposed Persons (PEPs): Individuals with prominent public functions, their family, and close relatives.
  • User Account/Smart Bitcoin Investor Account: Account created on the Platform for Crypto trading.

KYC Norms

KYC (Know Your Customer) is the process of confirming and verifying a customer’s authenticity. It includes identification, verification, and customer due diligence (CDD) to prevent fraud and illegal activities.

Declarations and Obligations

Declarations and Disclosure of Information by Smart Bitcoin Investor

Smart Bitcoin Investor will collect and verify user identities using documents and data to establish and verify their identity and transaction nature. You agree to provide accurate and up-to-date information for KYC and customer identification. Various methods may be used for identity verification.

You acknowledge and agree that Smart Bitcoin Investor may share your information with relevant authorities if required. You are responsible for providing accurate and complete KYC documents and information.

Your Obligations

You agree to provide the required documents and information for KYC checks in a timely manner. You shall use the Platform for legal purposes as per this KYC-AML Policy and Applicable Laws. You shall not use the Platform for illegal, criminal, or anti-national purposes.

Customer Acceptance Policy (CAP)

Users must provide PAN, identity proof, address proof, and other details to open a Smart Bitcoin Investor Account. The provided documents and information will be verified by Smart Bitcoin Investor. Additional details like annual income, occupation, and PEP status may also be collected.

Customer Identification Procedure (CIP)

Identification and verification procedures are carried out at different stages while using the Platform. This includes account opening, periodic reviews, and transaction execution.

Types of CDD

Basic Due Diligence involves collecting and verifying identity proof, address proof, and a photograph. Enhanced Due Diligence (EDD) includes additional measures for higher-risk users. Smart Bitcoin Investor reserves the right to request additional information and documentation.

Anti-Money Laundering Standards

Smart Bitcoin Investor has implemented measures to prevent money laundering and terrorist financing. These measures are subject to change as per legal requirements and Smart Bitcoin Investor’s discretion.

Contact & Compliance Officer

Smart Bitcoin Investor has appointed a Compliance Officer to ensure compliance with obligations. Complaints, queries, or reports of suspicious activities can be directed to the Compliance Officer.

Internal Controls

Records of user information, transactions, and KYC details are maintained for a minimum of nine years. Smart Bitcoin Investor complies with internal policies, standard operating procedures, and Applicable Laws regarding user data protection and confidentiality.