SAFEX Cryptocurrency Exchange Service Area Statement:
Last updated
Last updated
Service Provision Areas: SAFEX plans to offer cryptocurrency exchange services globally, including in North America's Canada and the USA, and in Europe across Albania, Austria, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Lithuania, Luxembourg, Malta, Moldova, Montenegro, the Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, and the UK. In Africa, service areas include Afghanistan, Algeria, Angola, Armenia, Azerbaijan, Bahrain, Benin, Botswana, Burkina Faso, Cameroon, Cape Verde, Chad, Democratic Republic of Congo, Republic of Congo, Ivory Coast, Egypt, Eswatini, Gabon, Gambia, Georgia, Ghana, Guinea-Bissau, India, Iraq, Israel, Jordan, Kenya, Kuwait, Lebanon, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Oman, Qatar, Rwanda, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, South Africa, Tanzania, Tunisia, Uganda, United Arab Emirates, Yemen, Zambia, and Zimbabwe. In the Americas, our services cover Anguilla, Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, Cayman Islands, Chile, Colombia, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Honduras, Jamaica, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos Islands, Uruguay, and Venezuela. In the Asia-Pacific region, service areas extend to Australia, Bhutan, Brunei, Cambodia, Mainland China, Fiji, Hong Kong, Indonesia, Japan, Kazakhstan, Korea, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Micronesia, Mongolia, Myanmar, Nauru, Nepal, New Zealand, Pakistan, Palau, Papua New Guinea, Philippines, Singapore, Solomon Islands, Sri Lanka, Taiwan, Tajikistan, Thailand, Tonga, Turkmenistan, Uzbekistan, Vanuatu, and Vietnam. SAFEX is committed to adhering to the laws and regulations of each country and region, providing a secure and reliable cryptocurrency exchange service to users worldwide.
Licensing and Permissions: SAFEX has obtained the necessary cryptocurrency exchange service licenses and permissions in accordance with the laws and regulations of the service countries and regions. For example, in the USA, SAFEX is registered as a Money Services Business (MSB) and regulated by the Financial Crimes Enforcement Network (FinCEN). In the EU, SAFEX complies with the Fifth Anti-Money Laundering Directive (AMLD5) and is registered in several member states. All relevant license information and documentation are archived and available for viewing on official government websites.
Third-Party Exchange API Information: SAFEX does not support third-party exchange APIs at this time. To ensure the platform's security and reliability, we currently do not offer a public API interface nor have we established cooperation with specific third-party exchanges.
Transaction Processing Method: The SAFEX application allows users to trade directly with the exchange, and also offers the option to process trade requests through SAFEX as an intermediary. This flexible design is intended to meet the varying needs of different users.
Type of Cryptocurrency Exchange Features: SAFEX offers a hybrid of centralized and decentralized cryptocurrency exchange features, balancing the efficiency of transactions with users' demands for anonymity and disintermediation.
New or Exclusive Tokens: SAFEX frequently collaborates with emerging crypto projects to offer new or exclusive token exchange opportunities to users. These tokens are available exclusively through SAFEX and our partner exchange platforms during the initial listing period.
Anti-Money Laundering (AML) and Know Your Customer (KYC): SAFEX rigorously implements AML and KYC policies to ensure all activities on the platform are legal and transparent. We employ advanced identity verification technologies and transaction monitoring systems to prevent illegal fund movements and fraud.
US MSB Registration: SAFEX is registered in the USA as a Money Services Business, with registration number [31000261158642]. As per registration requirements, SAFEX will limit the availability of its services in certain states. MSB registration documents are as follows:
We are committed to providing users with a secure and reliable cryptocurrency exchange service, adhering to the highest standards of regulations and compliance requirements globally. If you have any questions, please do not hesitate to contact SAFEX customer service for assistance.