bitcoinvn
Exchange many cryptocurrencies and digital assets. Within minutes. No sign-up required.
bitcoinvn
Exchange many cryptocurrencies and digital assets. Within minutes. No sign-up required.
The exchange ToS do not mention that it will ever request the user for a KYC verification.
Automated, ai-driven monthly ToS reviews.
Last Check: 2024-05-03
BitcoinVN employs an automated risk prevention system that flags and monitors suspicious transactions. The compliance team then conducts individual reviews and risk assessments, which can include requesting identity verification from the client.
ToS section: "General"
BitcoinVN requires users to undergo KYC/AML verification if their transactions are flagged as suspicious by the risk prevention system. Additionally, users must provide personal information to increase their limits for VND deposits via bank transfer.
ToS section: "General, VND deposits"
BitcoinVN reserves the right to share received materials (presumably including user data) with legal authorities upon request.
ToS section: "General"
BitcoinVN reserves the right to share received materials (presumably including user data) with legal authorities upon request.
ToS section: "General"
While not explicitly stated, it is implied that BitcoinVN logs user transactions and data as part of their KYC/AML procedures and risk prevention system.
ToS section: "General"
If a client declines to provide identification or submits false documents, their deposited funds will be refunded within 72 hours, implying that their funds can be blocked or frozen during the verification process.
ToS section: "General"
If a client is suspected of using a third party's bank account for deposits, their account may be blocked, and they will be required to verify their identity before their orders can be processed. Additionally, if a client fails to pick an account within 14 days of being asked to do so, all of their accounts will be deactivated.
ToS section: "VND deposits, One person, one account"
BitcoinVN employs an automated risk prevention system that flags suspicious transactions, which are then reviewed by the compliance team.
ToS section: "General"
Beware of fake reviews and accounts. Verify user profiles and conduct your own research.