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BTCC Secures Users With Sumsub Verification
7 Sep
Summary
- BTCC integrates Sumsub for rapid, automated user verification.
- Verification takes just 3 seconds, saving compliance teams hours.
- BTCC has maintained an unblemished security record since 2011.
BTCC, a leading cryptocurrency exchange founded in 2011, has featured in a new case study by Sumsub, a global verification and fraud prevention platform. The study highlights BTCC's advanced compliance infrastructure and how automated verification significantly strengthens user protection across its global operations.
The integration with Sumsub supports user onboarding in over 100 countries, achieving a remarkable median verification time of approximately 3 seconds. This automation also frees up the compliance team, saving them more than 40 hours per week in manual review tasks. The system handles KYC, AML screening, transaction monitoring, and Travel Rule compliance in real-time.
With over 15 years of operation, BTCC emphasizes its security-first approach. The exchange maintains an unblemished security record, supported by monthly Proof of Reserves reports and a $25.5 million risk reserve fund. This commitment to security underpins its '0 Panic' trading assurance, ensuring users can trade with confidence.
