AML Compliance Disclosure
Bitget maintains a risk-based Anti-Money Laundering (“AML”) compliance framework intended to deter and detect the misuse of its platform for money laundering ("ML"), terrorist financing ("TF"), fraud, and other illicit financial activities. This disclosure is provided for general information only and should be read together with Bitget’s Terms of Use.
Our AML Compliance Program
Bitget maintains a risk-based compliance program designed to address key financial crime and regulatory risks, including but not limited to money laundering, terrorist financing, sanctions evasion, etc.
Our program is supported by:
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Governance and oversight with clear internal responsibility, supervision, and escalation procedures;
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Documented AML policies and procedures designed to support the consistent implementation of AML controls, supported by systems and tools used to operate those controls, and to meet applicable legal and regulatory obligations;
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Annual, enterprise-wide assessment of the financial crime risks Bitget may face in relation to its customer base, the jurisdictions in which it operates, the transactions it processes, and the products and services it offers.
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Risk-based controls calibrated to customer, product, transaction, and geographic risk factors;
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Ongoing monitoring and periodic review to identify and investigate potentially unusual or suspicious activities;
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Restriction or Offboarding of customers where financial crime risk is identified and assessed;
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Mandatory annual financial crime compliance training provided to all employees, with supplementary, role-specific training delivered to relevant teams where appropriate
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Recordkeeping and documentation maintained to meet applicable legal and regulatory requirements.
Know-your-customer (KYC)
Bitget applies customer due diligence (“CDD”) measures to verify customer identity and to fulfill its AML risk management obligations. The nature and extent of CDD applied may vary depending on the customer’s profile, jurisdiction, and the products or services used. CDD may include:
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Identity verification based on information and documentation provided by the customer;
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Customer risk assessment taking into account relevant indicators (including, where appropriate, geography, associations with Politically Exposed Persons, and source-of-funds/source-of-wealth information, etc.);
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Enhanced Due Diligence (EDD) for higher-risk customers or scenarios; and
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Ongoing review and, where necessary, requests to refresh, update, or re-verify customer information.
Bitget may request additional information or documentation at any time where required to meet applicable AML obligations or to address identified risk.
Transaction Monitoring and Investigations
Bitget deploys a risk-based approach to monitor user activities to mitigate potential ML/TF risks. These controls may include:
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Reviewing deposits, withdrawals, and trading activity to identify patterns or behavior that appear inconsistent with a customer’s profile or expected use of the platform;
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Utilising on-chain analytics tools to help identify transactions or wallet activity that may be associated with illicit activity; Automated transaction monitoring systems are deployed, supplemented by manual review processes. Blockchain data sourced from analytics tools are leveraged for transaction monitoring and risk mapping;
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Know your Transactions : Behavior monitoring which compares customer risk profiles, and historical behavior patterns are also performed during transaction monitoring to identify suspicious activities;
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Investigating alerts and other indicators of potentially unusual or suspicious activities ; and
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Taking appropriate risk-mitigation measures where warranted, which may include requesting additional information, placing limits or restrictions on account activity, and taking other actions in accordance with the Terms of Use and applicable requirements.
Sanction Controls
Bitget maintains sanctions compliance controls. These controls are designed to prevent the Exchange from facilitating transactions that may involve sanctioned individuals, entities, or countries, thus ensuring compliance with local and international laws.
Depending on the circumstances, these controls may include:
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Screening of customers and relevant activities against global sanctions lists and other relevant data sources;
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Use of on-chain analytics tools to help identify transfers that may involve sanctioned persons, entities, or associated wallet addresses;
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Measures addressing prohibited persons and restricted jurisdictions, including access limitations where appropriate; and
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Account and transaction restrictions where required by law or where necessary to manage sanctions-related risk.
Access to Bitget services may be limited or unavailable in certain jurisdictions or for certain persons, in accordance with the Terms of Use and applicable legal requirements.
Cooperation with Law Enforcement Authorities
Bitget reviews, responds and provide assistance to requests from competent law enforcement agencies and regulatory authorities in accordance with applicable law and due process requirements. Where required or appropriate, Bitget may preserve relevant records, share relevant information with the requesting authority, or implement account- or transaction-level restrictions, in order to comply with legal obligations or support an investigation.
Official requests competent law enforcement authorities should be submitted via Bitget’s Law Enforcement Assistance portal: https://www.bitget.com/terms/legal/12560603800342
Jurisdictional Requirements
Bitget’s AML controls and practices may change over time and may be adjusted based on a customer’s risk profile, the products and services used, and applicable legal and regulatory requirements. Local laws, regulations, guidance, and regulatory expectations relating to AML/CFT and sanctions compliance may vary by jurisdiction and may require additional or different measures beyond those described here.
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