![\"BitOK\"](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_6764179254dd3.jpeg\")
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The decentralized nature of cryptocurrencies raises concerns among regulators. However, market experts claim that the blockchain industry can not only coexist with traditional finance, but can also qualitatively change it. The developers of the BitOK AML solutions platform dispel myths about the illegality and anonymity of digital currencies with the help of modern algorithms of data analytics and artificial intelligence. The company specializes in AML compliance – creating high-tech and easy-to-use systems for monitoring cryptocurrencies and transactions. BitOK’s product line includes solutions for business and private users, which help to comply with the requirements of regulators in working with digital assets and protect against fraudsters.<\/p>\n
Know Your Customer and Anti-Money Laundering are generally accepted security standards for operating in financial markets. The application of these procedures to cryptocurrency transactions shows that regulators are ready to integrate new technologies into the traditional settlement system.<\/p>\n
KYC is a standard customer identity verification that is conducted by financial and other regulated organizations as part of a larger set of anti-money laundering measures. AML involves hundreds of processes that can markedly complicate fraudulent activity.<\/p>\n
The first KYC requirements in the cryptocurrency environment appeared in 2016, when institutional investors began to enter it. As the market matured, the procedure became mandatory on most regulated platforms.<\/p>\n
Verification ensures the security of transactions at the level of classical financial institutions. But this is only the first step, confirming the readiness of companies to work within the legal framework. The next stage is to check cryptocurrency transactions for involvement in illegal activities.<\/p>\n
Large exchanges and companies have built-in tools for AML-scoring or work with well-known services – for example, BitOK. Ordinary users can also check the cryptocurrency and wallet for “purity”. This will keep them from interacting with potentially dangerous addresses and avoid blocking transactions.<\/p>\n
It is the only comprehensive cryptocurrency tracking and accounting solution on the market. With BitOK tools, investors can see the value of portfolios in real time, manage AML risks, and process accounting documents and tax returns.<\/p>\n Work on the project began in 2021. The BitOK team consisted of blockchain and IT professionals who were united by a common goal – to solve current problems of users when interacting with cryptocurrencies.<\/p>\n Later this aspiration was transformed into a global mission – to make the digital market transparent for all its participants with the help of analytical tools and artificial intelligence.<\/p>\n BitOK products are designed for companies and individuals. For corporate clients, the team offers a comprehensive Compliance as a Service (CaaS) solution that automates AML processes and reduces compliance costs. Private investors and traders are able to gather all information about crypto assets and transactions in one place.<\/p>\n BitOK offers businesses to automate AML compliance to avoid blockchain, fraud, and other issues associated with dirty cryptocurrency. Exchanges, exchanges, and wallets can track the origin of users’ funds, while regular organizations can verify counterparties.<\/p>\n BitOK KYT Office complex solution can be easily integrated into any services and products of the client. Connection is performed via API. AML Office is managed from your personal cabinet.<\/p>\n You can customize access levels and set up a sub-account for each AML officer. BitOK KYT Office features include:<\/p>\n BitOK algorithms allow you to identify all categories of risks, including sanctions, darknet, illegal services, fraud, scam, suspicious customer activity. The product can be tested in a demo version. To do this, fill out a short form on the website or send a request by e-mail.<\/p>\n Within the framework of BitOK educational project, employees of client companies and ordinary users have the right to be trained to work with AML products. Professional development courses or thematic trainings can be selected on the website in the “Academy” section. Some of them are presented in the table.<\/p>\n To get a training program or enroll in a course, you need to fill out a short questionnaire on the website or send an e-mail request. Classes are conducted in a hybrid format (face-to-face and online) by the company’s employees and invited experts. State diplomas are issued for a number of programs.<\/p>\n BitOK’s B2C offerings are aimed at retail investors, traders, miners, and newcomers to the crypto market. After registering on the website or mobile app, users can track currency portfolios, check assets for “cleanliness”, calculate taxes and prepare declarations in accordance with the rules of their countries.<\/p>\n This is BitOK’s main B2C product, designed for users with any level of experience in the crypto market. Portfolio Tracker allows you to conduct all work with digital assets from one account:<\/p>\n Portfolio tracker can be connected for free. Commission is charged only for AML-checking of transactions and wallets. The tariffs can be found in your personal cabinet.<\/p>\n You can access the function after registering a personal account on the platform. BitOK tools allow you to track wallets or individual transactions for the presence of “dirty” cryptocurrency.<\/p>\n Based on the results of the check, a report is generated, which can be submitted to any organization.<\/p>\n The company’s experts will also provide recommendations for action if a high level of risk is detected. BitOK offers 2 ways of AML-scoring of cryptocurrency wallets:<\/p>\n The overall risk level is determined based on the percentage of safe, suspicious, and high-risk origins. Regular monitoring allows cryptocurrency owners to prevent problems with exchanges and banks, protects against fraudsters.<\/p>\n For quick screening of cryptocurrency addresses or transfers, you can use a native app in Telegram. BitOK-bot is available 24\/7 and supports all popular blockchains and tokens.<\/p>\n The app uses proprietary trading algorithms that allow you to get data from more than 100 sources, including hidden ones.<\/p>\n The bot provides a detailed report indicating all sources of origin of funds. Instructions on how to check your wallet for free using the Telegram bot BitOK:<\/p>\n To open the detailed report, you should click on the button at the bottom of the screen. The data can be accessed via a link in PDF file format.<\/p>\n The link is permanent. It can be given to a counterparty or attached to accounting documents.<\/p>\n The personal cabinet tracks all types of cryptocurrency transactions on connected exchanges, wallets and other platforms. Based on the results, you can generate a report and calculate tax.<\/p>\n The company has harmonized the methodology of compiling the declaration with the tax authorities of most states. Nevertheless, clients still have the opportunity to set special settings when generating a report in a particular country.<\/p>\n At the time of review preparation, the service is free of charge for registered BitOK users. The developers guarantee the security of personal data and do not pass the information to third parties.<\/p>\n BitOK is one of the largest AML verification services for digital coins. The company has extensive expertise and technological capabilities to investigate crimes of any complexity and can help its clients find and recover stolen cryptocurrency. The work is carried out in stages:<\/p>\n To request an investigation, you need to fill out a contact form on the official website. It is also possible to send an appeal by e-mail.<\/p>\n Working in the crypto market can be stressful. Especially, given the high volatility of digital currencies. To distract yourself from serious matters, the developers offer to play directly on the site.<\/p>\n The conditions are simple: you need to catch “clean” cryptocurrency and bypass spam, fake tokens, and assets with high AML risk. A point is awarded for each successful action. Participants with the best results get into the rating table.<\/p>\n BitOK supports 2 types of accounts – personal (Tracker) and corporate (KYT Office). To register as an individual you need to:<\/p>\n The personal cabinet will open immediately, you do not need to confirm your e-mail at this stage. This can be done later in the “Security and Login” section. There you can also link your Telegram account and phone number to confirm actions.<\/p>\n After registration on the platform, the user has access to 5 free AML-scoring – in addition to checks in the Telegram-bot. The control panel is intuitive, so even a beginner will be able to understand the functionality.<\/p>\n The main page (dashboard) displays basic information on the portfolio and current AML risk of connected wallets. You can select the currency for assessing the total value of assets (e.g., ruble).<\/p>\n Available sections are:<\/p>\n The user version is available for free. It includes a basic set of tools, which is enough to get acquainted with the platform. To get access to all the features of BitOK, you can connect one of the paid tariffs. To do this, you should:<\/p>\n Subscription is issued for a month or a year. In the second case, a discount is provided. In the table you can compare all available formats of work.<\/p>\n \ud83d\udca1 In which countries does BitOK work?<\/p>\n<\/div>\n The service is available anywhere in the world. The most accurate results are available for the Eurasian continent (Europe, Central Asia, Middle East).<\/p>\n<\/div>\n<\/div>\n \ud83d\udd0e Where can I find API for connecting exchange accounts?<\/p>\n<\/div>\n You can use the “Add Account” button on the main page of your personal account. In the connection window, you should click on the exchange logo to get instructions on how to integrate using the API.<\/p>\n<\/div>\n<\/div>\n \u2728 What wallets does BitOK work with?<\/p>\n<\/div>\n At the time of writing the review, 17 popular cryptocurrencies are supported. Among them are Trust Wallet, MetaMask, Guarda Wallet, Trezor, Ledger and others.<\/p>\n<\/div>\n<\/div>\n \u26a1 What reports can be generated in a user account?<\/p>\n<\/div>\n The program automatically generates tax returns according to country settings. Different types of reports are supported: 3-NDFL, for capital gains, income, losses, donations, donations and others.<\/p>\n<\/div>\n<\/div>\n \ud83d\udce2 What databases are used in transaction and wallet verification?<\/p>\n<\/div>\n BitOK developers have created an algorithm that is updated in real time. Proprietary databases are used for verifications.<\/p>\n<\/div>\n<\/div>\n<\/div>\n Viga tekstis? M\u00e4rkige see hiirega ja vajutage Ctrl<\/span> + Sisesta<\/span><\/p>\n<\/div>\n![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_67641792a99e0.jpeg\")
\nProducts for businesses<\/h2>\n
KYT\/KYC<\/h3>\n
![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_6764179346ec9.jpeg\")
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AML certification<\/h3>\n
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\n Beginners<\/strong><\/th>\n Specialists<\/strong><\/th>\n<\/tr>\n<\/tbody>\n\n \n \n \n \n \n \u00a0<\/td>\n Solutions for individuals<\/h2>\n
Portfolio Tracker<\/h3>\n
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AML-checks<\/h3>\n
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Telegram bot for checking transactions and wallets<\/h3>\n
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![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_6764179406b40.jpeg\")
\n![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_67641794af785.jpeg\")
\nTax reporting<\/h3>\n
Investigations<\/h3>\n
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OKman Game<\/h3>\n
![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_67641795cf3d7.jpeg\")
\nRegistration on the platform<\/h2>\n
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Overview of the personal cabinet<\/h2>\n
![\"BitOK:](\"https:\/\/cryptoproguide.com\/wp-content\/uploads\/2024\/12\/bitok-d0bed0b1d0b7d0bed180-d181d0b5d180d0b2d0b8d181d0b0-aml-d0bad0bed0bcd0bfd0bbd0b0d0b5d0bdd181d0b0-d0b8-d183d187d0b5d182d0b0-d0bad180_67641796752ca.jpeg\")
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Hinnad<\/h3>\n
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