BitOK provides automated AML compliance solutions for cryptocurrency transactions through its KYT/KYC services, enabling businesses to monitor risks and prevent scams in real-time. The platform also features a portfolio tracker that allows individuals to manage and analyze their crypto, NFT, and DeFi assets efficiently.
Funding
Funding not disclosed
Founders
Product
Problem
Cryptocurrency businesses face increasing regulatory pressure to comply with Anti-Money Laundering (AML) requirements, necessitating robust Know Your Transaction (KYT) and Know Your Customer (KYC) solutions. Individuals managing diverse crypto assets lack comprehensive tools to efficiently track and analyze their portfolios across multiple platforms.
Solution
BitOK offers a suite of AML compliance and portfolio management tools for the cryptocurrency ecosystem. Its KYT/KYC services enable businesses to automate transaction monitoring, identify high-risk activities, and prevent scams in real-time. The platform's portfolio tracker allows individuals to connect to multiple exchanges and wallets, providing a unified view of their crypto, NFT, and DeFi assets, along with trading and profit/loss insights. BitOK also provides a Telegram bot for instant risk assessment of crypto addresses and an academy for AML/KYT compliance certification.
Target Audience
BitOK targets cryptocurrency exchanges, custodial wallets, payment processors, and other crypto businesses needing AML compliance solutions, as well as individual crypto investors seeking portfolio management tools.
Features
- Real-time KYT/KYC monitoring for cryptocurrency transactions
- Automated risk scoring and flagging of suspicious activities
- Portfolio tracker supporting crypto, NFT, and DeFi assets across multiple platforms
- Unified dashboard for tracking trading history, P&L, and asset allocation
- Telegram bot for instant AML checks of crypto addresses
- AML/KYT compliance certification program
- Support for a wide range of tokens and blockchains
- Data aggregation from over 100 sources, including hidden sources