About LaurelCoin
LaurelCoin is a European financial infrastructure that provides fast and secure cryptocurrency exchange with the option of subsequent withdrawal of funds to bank accounts. The service is focused on ease of use, compliance with European regulatory standards and reliability of financial operations.
Advantages
Fast and secure cryptocurrency exchange with withdrawal to a bank account
Intuitive interface and simple request creation process
Comprehensive compliance approach (KYC/AML/KYB, transaction monitoring, Travel Rule)
Combination of automated and manual risk control procedures
High level of data and financial transaction protection
Disadvantages
The fee may vary depending on the transaction terms and jurisdiction
Mandatory verification and confirmation of the source of funds
How does the LaurelCoin system work?
LaurelCoin provides users with a convenient tool for converting cryptocurrency into fiat funds, with subsequent transfer to a bank account. The process starts with registration and basic verification (KYC/AML), which ensures security and compliance with legal requirements.
Verification and screening of users and transactions are carried out using a combined approach:
- automated solutions, including SumSub and AMLBot with KYC/KYB, transaction monitoring and Travel Rule modules;
- as well as manual control by an internal AML officer.
For additional control over the origin of funds and risk assessment, blockchain analysis tools are used, including address checks via Tronscan, Etherscan, BscScan and other services. After completing the checks, the user creates an exchange request, selects the cryptocurrency and provides bank details. The system processes the transaction, confirms the receipt of funds and completes the transfer as quickly as possible.
LaurelCoin supports clients at every stage, from creating a request to the final crediting of funds.
Kursoff is a unique Ukrainian startup, free from russian impact 🇺🇦
We strive to unite Ukrainians into a one crypto community. On our platform, you’ll find all the tools and resources needed to learn, earn, and exchange cryptocurrencies, as well as gain a deeper understanding of the crypto industry.
Join us and be at the forefront of crypto innovation with Kursoff!