Legal & Compliance
At XOIBIT, we are committed to building a secure, compliant, and accessible platform that respects the core principles of blockchain technology โ openness, transparency, and decentralization.
While XOIBIT operates as a centralized exchange for trading efficiency, we recognize and support the broader movement toward decentralized finance and individual asset ownership.
We work actively to align our operations with international laws and global regulatory standards, ensuring that users can access digital asset markets securely and responsibly.
โ Key Compliance Practices:
- Know Your Customer (KYC):
- We require identity verification to protect against fraud, ensure compliance with local regulations, and create a safer environment for all users, while handling data with strict confidentiality.
- Anti-Money Laundering (AML) Policies:
- XOIBIT monitors trading activity through automated and manual systems to detect suspicious transactions, promoting a clean and compliant trading space.
- Data Protection and Privacy:
- User data is encrypted, securely stored, and processed in compliance with global standards such as the GDPR. We believe financial freedom must be accompanied by privacy protection.
- Licensing and Registration:
- XOIBIT operates in accordance with the regulatory requirements of the regions it serves. We are actively expanding licensing efforts across multiple jurisdictions to strengthen platform trust and global accessibility.
- Transaction Monitoring:
- Real-time monitoring and advanced analytics are used to prevent market abuse, fraudulent activity, and fund misuse.
- Cooperation with Law Enforcement:
- When legally required, we cooperate with authorized government bodies under a transparent, law-compliant process while safeguarding user rights wherever possible.
๐ Global and Decentralized Philosophy:
While XOIBIT provides centralized exchange services to offer fast execution, liquidity, and user-friendly features, we deeply value the principles of decentralization โ empowering individuals to control their assets, data, and financial future.
We are committed to:
- Supporting decentralized ecosystems and new blockchain technologies
- Exploring non-custodial solutions and integrations in the future
- Balancing regulatory compliance with respect for user sovereignty and privacy
- Keeping the platform flexible to adapt alongside the evolution of Web3 and decentralized finance (DeFi)
We believe that the future of finance will be a hybrid โ combining the security and reliability of trusted services with the freedom and innovation of decentralized technologies.