How to prevent illegal transactions?

How to prevent illegal transactions?

xbitu prevents illegal transactions through several security and compliance procedures:

KYC (Know Your Customer) Procedure:

All users are required to verify their identity through KYC procedures to avoid submitting false information. This is the first step in preventing illegal activities. AML (Anti-Money Laundering) compliance:

Monitor suspicious transactions, detect and block money laundering and illicit financial movements in compliance with AML regulations.
Transaction Monitoring System:

We use advanced monitoring systems to track transactions in real time and identify unusual trading patterns.
Outlier detection:

Automatically send alerts for unusual transactions (e.g. sudden changes in transaction amount, quick withdrawal requests, etc.) for further review.
Regulatory Compliance:

We strictly comply with national and regional legal requirements to prevent illegal transactions and process only legal transactions.
Customer Education and Warnings:

Provide security education to your users and raise awareness of illicit activities by warning them about phishing attempts or fraudulent transactions.
xbitu prioritizes the safety of customers' assets and transactions, and continuously implements various measures to block illegal transactions.

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