BTCC Exchange and Sumsub Partner to Streamline Identity Verification and AML Controls
Key Takeaways
- •Sumsub published a case study on BTCC's compliance infrastructure and how automated verification strengthens user protection across its global operations.
- •BTCC's integration with Sumsub supports onboarding in over 100 countries, with a median verification time of about 3 seconds and more than 40 hours of manual review saved weekly.
- •The automated workflows cover KYC, AML screening, transaction monitoring, Travel Rule compliance, and crypto monitoring.
- •Founded in 2011, BTCC is celebrating its 15th anniversary and maintains an unblemished security record, monthly Proof of Reserves reports, and a $25.5 million risk reserve fund.
BTCC, the world's longest-serving cryptocurrency exchange, has announced its feature in a newly published case study by Sumsub, the global verification and fraud prevention platform. The study examines the compliance infrastructure behind BTCC's platform security and how automated verification has strengthened user protection across its global operations.
Automated Compliance at Scale
BTCC works with Sumsub as one of its identity verification and AML service providers. According to Sumsub's case study, the integration supports user onboarding across more than 100 countries, achieves a median verification time of approximately 3 seconds, and saves the compliance team more than 40 hours per week in manual reviews.
The automated workflows cover KYC, AML screening, transaction monitoring, Travel Rule compliance, and crypto monitoring. The Travel Rule refers to the FATF-recommended requirement that virtual asset service providers share sender and beneficiary information for qualifying transfers, a standard that has become a key compliance focus for exchanges worldwide as regulators tighten oversight of the crypto sector. The system identifies high-risk activity in real time, while legitimate users can access the platform without friction.
A Security Record Built Over 15 Years
The case study reflects the security-first approach BTCC has upheld since its founding in 2011. Celebrating its 15th anniversary this year, the exchange maintains an unblemished security record backed by monthly Proof of Reserves reports and a $25.5 million risk reserve fund to safeguard user assets. Proof of Reserves reporting has become a widely adopted transparency practice among exchanges following the collapse of FTX in 2022, which heightened scrutiny of how platforms hold and verify customer funds.
Under the exchange's new "0-Barrier Trading" theme, "0 Panic" is the assurance that users can trade with full confidence on BTCC. Rigorous identity verification and AML controls sit at the core of that promise, keeping the exchange compliant and built on trust.
More information about BTCC is available on its official website:
