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Why an AML Check is Crucial for Your Crypto Wallet: Stay Safe and Compliant

In the ever-evolving landscape of cryptocurrency, ensuring the safety and compliance of your digital assets is more critical than ever. Conducting an AML (Anti-Money Laundering) check on your wallet—and the wallets of those you interact with—can safeguard you from potential legal and regulatory complications. Here’s everything you need to know about how AMLcheck’s new Risk Score update helps protect both individuals and businesses.


Protect Your Wallet with AMLcheck’s New Personal and Business Modes

AMLcheck has revamped its Risk Score system to cater to two distinct user types: individuals and businesses. This update ensures compliance with the latest regulations while preventing bad actors from abusing the service.

Why Do You Need an AML Check?

Failing to conduct a proper risk assessment could result in severe consequences:

  • Wallet Blocking on CEXs (Centralized Exchanges): Exchanges may freeze accounts linked to high-risk wallets.
  • Regulatory or Legal Issues: Authorities may flag wallets associated with suspicious activities, leading to investigations for money laundering or fraud.

Avoid these scenarios by using AMLcheck’s innovative tools, which offer tailored solutions for individuals and businesses alike.


Personal Mode: Simplified Risk Checks for Peace of Mind

Designed for individual users, Personal Mode delivers straightforward, high-level risk assessments for wallets and transactions.

Key Features:

  • Covers major blockchains like Bitcoin, Ethereum, BNB Chain, Tron, Avalanche, Polygon, TON, and Arbitrum.
  • A user-friendly scoring system:
    • Low-Risk (Below 50%): Fewer connections to suspicious entities, safer to use.
    • High-Risk (Above 50%): Indicates potential risky connections; proceed with caution.
  • Simplified insights—no advanced analytics required.

Why It Matters:
Whether you’re managing personal investments or trading occasionally, Personal Mode helps ensure your wallet stays free from high-risk associations.


Business Mode: Advanced Tools for Compliance Professionals

For organizations handling large volumes of transactions, Business Mode provides robust tools to ensure full regulatory compliance and minimize exposure to financial crimes.

Key Features:

  • Access to in-depth insights, including entity connections and investigation tools.
  • Full automation capabilities for compliance processes.
  • Detailed risk indicators tailored for professionals.

Note:
To access Business Mode, users must complete a verification process. This ensures sensitive information and advanced tools are restricted to authorized professionals, such as compliance officers or blockchain investigators.

Get Started:
Contact our support team or fill out the activation form to unlock the full potential of AMLcheck for your organization.


Why AMLcheck is Essential for Every Crypto User

Ignoring the risk level of wallets you interact with can have dire consequences:

  1. Stay Compliant: Protect yourself and your business from regulatory scrutiny.
  2. Avoid Blockages: Prevent wallet restrictions on popular CEX platforms.
  3. Minimize Risks: Identify and avoid interactions with high-risk addresses.


Take Action Now

Don’t wait until it’s too late. Conduct an AML check on your wallet today and ensure you’re interacting only with trustworthy addresses.

  • For Individuals: Use Personal Mode for quick and hassle-free risk assessments.
  • For Businesses: Upgrade to Business Mode for advanced analytics and full compliance tools.

Visit our official page to learn more about packages and features or reach out to our support team to get started.

Stay safe. Stay compliant with AMLcheck.

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