Limits & Compliance

 

Limits

  • Tier 1
    Trade Volume$0 - $499
    • SMS verification required
  • Tier 2
    Trade Volume$500 - $1999
    • SMS verification required
    • Government issued ID required
  • Tier 3
    Trade Volume$2000+
    • SMS verification required
    • Government issued ID required
    • Proof of Address required

 

List of the Supported Documents

Some of the following documents might be required during the verification process at BitDepot.co

Identity Verification:

  1. Government-issued Drivers License
  2. Government-issued Passport
  3. Government-issued Identity Card

Address Verification:

  1. Utility Bill or Bank Statement, not older than 6 months
  2. Paper versions or electronic versions are allowed
  3. No modifications are allowed to the documents

 

Compliance

Pursuant to federal anti-money laundering laws, including the U.S. Bank Secrecy Act and the USA Patriot Act, Bit Depot is required to implement an effective, risk based, anti-money laundering and countering funding of terrorism compliance program. Bit Depot has adopted an Anti-Money Laundering Compliance Policy to set forth its commitment to comply with the requirements of the BSA and the Patriot Act, U.S. sanctions laws, and to protect itself from being used to facilitate money laundering, terrorist financing, or other financial crimes. Along with the AML Policy, Bit Depot has adopted Anti-Money Laundering Compliance Procedures , which set forth the company’s procedures and internal controls to implement and ensure compliance with the requirements of Bit Depots’ AML Policy.

Bit Depot is a registered Money Transmitter with the Financial Crimes Enforcement Network.

MSB Registration #31000163879733

 

Our chief compliance officer may be contacted at this email address:

ATTN: CCO
[email protected]