Your One - Stop Crypto Hub
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Who We Are
About VF SPACE UK
We are a UK based crypto exchange with a crypto asset custody service. We offer a plug-and-play token launchpad platform intending to institutionalise control of client wealth on the blockchain in a secure manner, allowing swift access and transparency across the network.
Features
Level-Based
Verification Flow
While ML regulations require cryptocurrency companies to implement KYC procedures, extensive CDD requirements often make the verification process cumbersome and complex, and ultimately lead to the loss of applicants at onboarding. In order to create a compliant, high-converting KYC system that balances compliance and efficiency, we follow a level-based verification process to onboard new customers.
Customer Risk-Rating
Model
Our customer risk rating integrates aspects of two other important AML tools: Transaction Monitoring and Sanctions Screening. Customers will be screened against the Consolidated List during the verification stage and their unusual transactions or patterns of transactions will be subsequently flagged by a “Semi Auto-Pilot” transaction monitoring system to reflect their up-to-date risk profiles.
Risk-Sensitive
CDD Measures
Initial customer screening and ongoing monitoring are of paramount importance to ascertain a customer's identity throughout their life cycle at the platform. The information we may request from a customer and the level of CDD measures to be taken will be determined by our compliance team, on a risk sensitive basis, in conjunction with the outcomes of AML screening.
Platform Features
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Centralised Exchange & Custodial Wallet
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Order Matching Engines
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Centralised Database System
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Layered Security Approach
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Robust AML Mechanisms
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Decentralized Exchange & DeFi Wallet
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Non-custodial
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DeFi Wallet
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Secure and confidential
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Multi-Chain Enablement
Semi-Automated
Transaction Monitoring
We employ a semi-automated transaction monitoring system to oversee all activity for signs of unusual size, volume, pattern, or type of transactions, taking into account customer risk ratings and other applicable red flags. Our customers are divided into three categories - Individuals, Institutions and Retailers, with their KYC information and transaction history stored within separate databases.
