Aurora Swap
AML / KYC Policy
At Aurora Swap, we believe that access to financial tools should be fast, secure, and available to everyone — anytime, anywhere. Our mission is to revolutionize the way people interact with digital assets by building a next-generation crypto exchange that prioritizes speed, transparency, and user empowerment.
1. Purpose
This policy is designed to:
Prevent the use of Aurora Swap for money laundering, terrorism financing, and other illicit activities
Verify the identity of users engaging in certain transactions or services
Comply with applicable AML/KYC regulations across multiple jurisdictions
2. User Verification (KYC)
To ensure compliance, we may require users to complete identity verification depending on their activity and local regulations. This may include:
Full legal name
Date of birth
Residential address
Government-issued identification (passport, national ID, etc.)
Proof of address (utility bill, bank statement, etc.)
We partner with trusted third-party providers to handle KYC securely and efficiently.
3. Risk-Based Approach
We adopt a risk-based approach to monitor transactions and user behavior. Factors considered include:
Transaction volume and frequency
Jurisdictional risk of user’s location
Behavior that may indicate suspicious or unusual activity
Higher-risk accounts may require enhanced due diligence (EDD).
4. Monitoring and Reporting
Our systems monitor for suspicious activity, including:
Sudden large transactions
Activity inconsistent with previous behavior
Transfers to or from high-risk jurisdictions
Suspicious activities may be reported to relevant authorities, including FIUs (Financial Intelligence Units), in accordance with local laws.
5. Prohibited Users and Jurisdictions
Aurora Swap does not provide services to individuals or entities:
Listed on international sanctions lists (e.g., OFAC, UN)
Residing in countries subject to embargoes or trade restrictions
Using the platform for criminal purposes
6. Data Protection
All KYC information is stored securely and only shared with regulatory authorities as required by law. We are committed to protecting your personal information in accordance with our [Privacy Policy].
7. Continuous Compliance
Our AML/KYC policy is regularly reviewed and updated to reflect changes in law, regulation, or best practices. Staff are trained periodically to ensure awareness and proper enforcement of compliance standards.