Introduction:

ScaniteX places a high priority on adhering to international standards for combating money laundering (AML) and customer verification (KYC). We understand the importance of security for both us and our clients, and we strive to provide maximum protection against the misuse of our service for money laundering, financing terrorism, and other illegal financial operations.

AML (Anti-Money Laundering) Policy:

As part of our AML policy, we collaborate with reputable and licensed payment providers, such as CoinGate, who adhere to international standards for combating money laundering and financing terrorism. CoinGate performs all necessary checks and monitoring of transactions related to the use of cryptocurrencies. We do not provide clients with direct wallets for paying for our services, which minimizes the risk of illegal transactions. All payments are processed through CoinGate, which ensures compliance with international law.

To learn more about our partner CoinGate's AML and KYC policy, please visit this link.

KYC (Know Your Customer) Procedures:

To minimize the risk of misuse of our service for illegal purposes, we may conduct customer verification (KYC) procedures in cases where it is necessary. Depending on the use of our service and the size of transactions, we may request the following information from clients:

• Verification of client identity (passport, driver's license, and other documents confirming identity);
• Verification of source of funds (in case of suspicious transactions or large payments);
• Verification of residence address (e.g., utility bills);
• Analysis of transaction history to identify suspicious operations.

KYC procedures can be activated in suspicion of illegal activity or when a certain transaction threshold is exceeded, which requires additional verification in accordance with international standards. This allows us to ensure the security of our service and prevent its misuse for money laundering.

Basic Data Collection:

By default, we collect basic data about our users to ensure proper use of the service and transaction security. This includes:

• Verification of client email for account authenticity;
• Logging IP addresses of clients for monitoring activity and identifying suspicious actions;
• Monitoring service usage to prevent unauthorized or illegal operations.

These data are used exclusively for ensuring security, preventing fraud, and supporting service operation. We comply with all data privacy laws, including Privacy Policy.

Data Usage:

We comply with privacy policy and guarantee that all data collected within the AML and KYC procedures are used only for ensuring the security of our service and compliance with international requirements. These data may be disclosed to third parties only in cases provided by law or upon request from regulators.

All data is stored in accordance with our Privacy Policy and protected using modern encryption methods and other security measures.

Transaction Monitoring:

We actively monitor transactions conducted through our service to identify suspicious operations. In cases where we identify suspicious activity, we reserve the right to suspend or block the user account and freeze transactions until the verification is completed. Such measures are aimed at preventing misuse of our service for illegal purposes and protecting both our platform and clients.

If transactions raise suspicion or exceed the established limits, we may request additional information from the client to ensure the legitimacy of the funds' origin and his intentions.

Important! Transaction monitoring is the responsibility of the Coingate service.

Service Denial:

ScaniteX reserves the right to deny service to clients who have not passed the KYC procedure or have been detected in suspicious activity. This includes, but is not limited to, the following cases:

• Client did not provide the necessary documents for KYC;
• Suspected misuse of our service for illegal purposes;
• Payments come from addresses associated with illegal activity or in sanctioned lists.

Conclusion:

We are committed to ensuring security and adhering to international standards for AML and KYC to prevent misuse of our service for illegal operations. Our policy is aimed at protecting both clients and our company. If you have any questions about the AML or KYC policy, please contact our support service for additional information.