📋 Compliance & KYC Policy

1. Overview

USDtoCash.live is an OTC (over-the-counter) digital currency exchange service operating across India. We facilitate peer-to-peer USDT to INR conversions via WhatsApp, with settlement through IMPS and UPI.

We operate under the principle of responsible exchange: knowing our customers, refusing transactions from prohibited sources, and maintaining records that allow us to respond to any regulatory inquiry.

2. Know Your Customer (KYC)

We apply tiered KYC based on transaction size. All KYC data is stored securely and used only for compliance purposes — never shared with third parties except where required by law.

Transaction Size (INR Equivalent)	KYC Requirement
Up to ₹50,000	Mobile number + UPI/bank details only
₹50,001 – ₹2,00,000	Government photo ID (Aadhaar, PAN, or Passport)
Above ₹2,00,000	PAN card + selfie with ID document
Business / Repeat Clients	Full KYC packet on first transaction. Subsequent transactions reviewed against profile.

Acceptable ID Documents

• Aadhaar Card (masked or full)
• PAN Card
• Passport
• Voter ID (EPIC Card)
• Driving Licence

How KYC is Collected

KYC documents are collected via WhatsApp in our private conversation thread. Documents are never requested through links, third-party forms, or external portals. If someone asks you to submit documents to a website claiming to be us, do not do so — contact us directly first.

3. Anti-Money Laundering (AML)

We maintain an active AML screening process for all transactions:

Wallet Screening

All incoming USDT wallet addresses are screened against:

• OFAC (Office of Foreign Assets Control) sanctions list
• UN Security Council sanctions list
• Major blockchain analytics risk flags (darknet, mixer, hack-linked wallets)

Transactions from flagged wallets are declined without exception.

Transaction Monitoring

We monitor transaction patterns across customers. Unusual volume spikes, structuring behaviour (breaking large amounts into smaller transactions to avoid KYC), or rapid successive transactions trigger a manual review before settlement.

Record Keeping

All transaction records including wallet addresses, amounts, timestamps, bank details, and KYC documents are retained for a minimum of 5 years.

4. Prohibited Activities

We do not facilitate transactions for the following:

• Proceeds from any illegal activity, including tax evasion
• Wallets flagged for darknet marketplace activity
• Wallets associated with ransomware or hack events
• Transactions for customers on government sanctions lists
• Structured transactions designed to avoid KYC thresholds
• Transactions where the source of USDT cannot be explained
• Transactions requested by third parties on behalf of unnamed principals
• Funds linked to political corruption or bribery

5. What We Do Accept

• USDT earned through legitimate crypto trading on regulated exchanges (Binance, CoinDCX, WazirX, etc.)
• USDT received as freelance or remote work payments (with basic source explanation for large amounts)
• USDT earned through crypto staking or yield farming
• Business-to-business USDT settlements (with company documentation)
• Cross-border family remittances in USDT

6. Tax Responsibility

Indian income tax law treats cryptocurrency gains as income subject to tax. As of the 2022 Finance Act, crypto gains in India are taxed at a flat 30% rate (plus applicable cess), with 1% TDS on transactions above the threshold.

We provide transaction summaries to customers on request for tax filing purposes. However, we do not calculate or withhold your tax for you. It is the customer's responsibility to declare crypto income correctly. We recommend consulting a Chartered Accountant who handles crypto taxation.

We do not assist, facilitate, or advise any transaction designed to conceal taxable income.

7. Privacy & Data Handling

KYC documents and personal data submitted to us are:

• Stored with encryption on secure servers
• Never sold to third parties
• Shared only with regulatory authorities if required by law
• Retained for 5 years then deleted

For full data handling information, see our Privacy Policy.

8. Compliance Contact

For compliance questions, regulatory enquiries, or to report a suspected policy violation: