Bithub AML Policy

Bithub AML PDF

Bithub.kg App Geo-Restrictions

List of restricted locations for Bithub.kg App Updated over 3 months ago People from the following locations are restricted from using the Bithub.kg App: Asia Democratic People’s Republic of Korea; Islamic Republic of Afghanistan; Islamic Republic of Iran; Lao People’s Democratic Republic; Lebanon; Macao (People’s Republic of China); Nepal; Republic of Iraq; Republic of Maldives; Republic of the Union of Myanmar; Republic of Yemen; Socialist Republic of Vietnam; Syrian Arab Republic; Bangladesh; Gaza Strip; Palestine; West Bank. European Union Republic of Bulgaria; Republic of Croatia. North America Anguilla; Antigua and Barbuda; Aruba; Belize; Bermuda; British Virgin Islands; Cayman Islands; Cook Islands (New Zealand); Cuba; Dominica; Federation of Saint Kitts and Nevis; Grenada; Montserrat; Republic of Haiti; Republic of Panama; Saint Lucia; Saint Vincent and the Grenadines; Turks and Caicos Islands. South America Bolivia; Ecuador; Guyana; Suriname; Venezuela. Oceania Federated States of Micronesia; Kiribati; Nauru; Niue (New Zealand); Palau; Samoa (Independent State of Samoa); Tonga; Tuvalu; Wallis and Futuna.

Frequently Asked Questions

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What is KYC and why is it necessary

KYC (Know Your Customer) is a passport verification process that confirms your identity. Why is verification needed? After passing KYC, you will have access to operations with fiat currencies: rubles, dollars, and UAE dirhams. We will restore your account access by passport if you forget your password. Also, through verification, the exchange protects itself and you from 'dirty' money obtained illegally: terrorism, money laundering.

What is AML and why is it necessary?

This is a service that provides analysis and monitoring of cryptocurrency transactions on the blockchain, aimed at preventing illegal activities related to money laundering. By using our service, you protect yourself from fraudsters and stolen coins.

How long does the exchange take?

Electronic currency exchanges are instant. The time for cryptocurrency transfers depends on the speed of network confirmations, usually taking 5-30 minutes after sending. In case of blockchain network congestion, this time may increase. Once a transaction is loaded onto the network, our service cannot influence the speed of fund transfers.

How long to wait for Cashin replenishment?

Cashin applications usually take between 30 minutes and 4 hours. In rare cases, up to 8 hours. Applications created after 20:00 are processed the next day. The execution of applications also depends on the operation of banks.

Why was my application rejected?

An application may be rejected in the following cases: 1. You did not make the payment after submitting the application. 2. You transferred an incorrect amount, which prevents the system from recognizing your payment. 3. You transferred an amount less than the minimum recommended fee. Applications paid below the system's minimum recommended fee are not processed or refunded. 4. You provided incorrect details, making it impossible for the system to process the payment. 5. You entered an invalid email address.