Anti-money Laundering (AML)

• Related Articles

• Know Your Customer (KYC)

  KYC is a term used to describe how businesses such as Noones, identify and verify their users' identities. KYC is part of AML. For more information on Noones’s KYC protocol visit our page in the Help Center and check our Privacy Notice.

• Fiat

  Fiat or fiat money is a currency that a government has declared to be legal tender, but it is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material ...

• Escrow Fee

  Escrow keeps the money in safekeeping until a transaction is completed. An escrow fee covers the cost of the service being provided.

• Transaction

  A transaction is an entry in the blockchain that describes a transfer of Bitcoin from one address to another. A transaction occurs when data is sent to and from one Bitcoin address to another. Just like when you send money from one person to another ...

• Offer

  Offers are trade proposals split into Buy and Sell categories and have options such as currency, exchange rate, and payment methods. Buy offer: This is a trade proposal created by users who are trying to buy cryptocurrency in exchange for a different ...