AML BitCoin Token Sale FAQ

What is the difference between AML BitCoin and AML Token?

AML Tokens are there to accommodate the AML BitCoin fundraise. AML Token is not activated for anti-money laundering compliance.  AML BitCoin offers the benefit of a public blockchain and market decentralization associated with the ability to stay in compliance with international financial, banking, privacy acts and other regulations. For more info and f.a.q. on AML BitCoin please visit our website: https://amlbitcoin.com.

How do I install AML Token wallet and purchase AML Tokens?

Please see instructions: AML Token Sale Explainer Video, in the AML Youtube Channel:

https://www.youtube.com/watch?v=_NUuXhFXQGA

What should I do if I purchased AML Tokens but did not receive my confirmation email?

Please send your transaction information to: info@amlbitcoin.com and amlbitcoin@tokenlot.com. Include the email and the AML Token wallet receiving address you have used for the transaction.

I have purchased AML Tokens but have not received them yet, when will I get them?

AML Tokens will only be distributed to your wallet after the Tokensale has completed.

I have given a wrong AML Token receiving address, what should I do?

See answer 2 and send us your correct receiving address.

Why can’t you deliver AML Tokens immediately?

AML Tokens will be delivered to everyone at the same time. This is done in agreement with the escrow. The escrow is a third party that collects funds from purchases. They will not release funds from the Tokensale to us if we have not delivered all the purchased AML Tokens. This ensures safety and comfortability for our clients.

How do I upgrade my AML Token wallet?

Please see instructions: Upgrading AML Token Wallet from v1 to v1.1: https://www.youtube.com/watch?v=7-a8R1NBUco It is always advised to use the latest available version for your platform.

How can I best get technical advice or ask questions?

If you have technical or generic questions about AML Token or AML BitCoin you are welcome to post or direct message on our forum on bitcointalk: https://bitcointalk.org/index.php?topic=2056317. If you prefer to email us or your question is related to your personal account and information please contact: info@amlbitcoin.com. Never send us your personal information through social media, forums and chat-channels.

When do I need to identify myself?

When you purchase AML Tokens you do not need to identify yourself for AML compliance. Only when exchanging AML Tokens for AML BitCoin in later stage you will need to create a certified digital identity.

When will AML Tokens be exchanged for AML BitCoins?

Upon completion and activation of the compliant AML BitCoin, AML Token holders will have the opportunity to exchange them for AML BitCoin on a 1:1 ratio.

How can I create a certified digital identity profile?

We are building the AML BitCoin platform. When it is completed you can go through the identification process and upload the right documents.

Are Aten Coins and AML BitCoins the same?

Aten Coins, also known as ” National Aten Coin” or “Black Coin”, are not the same as AML BitCoin (occasionally called “amlcoin” or “amlbitcoin”). AML BitCoin does however provide the same features as Aten Coins, in addition to Smart Contract capabilities. The AML BitCoin Network is going to be monitored by specialized software to detect suspicious activities. The same software is used by major banks in traditional banking and activity that constitutes suspicious activities within the meaning of relevant law, would be submitted to the appropriate governmental authorities.

This measure ensures compliance with a multitude of international regulatory frameworks, such as:

  • Compliant with the USA Patriot Act
  • Compliant with the Anti-Money Laundering (AML) regulation
  • Compliant with the Bank Secrecy Act
  • Compliant with the U.S. Office of Foreign Assets Control
  • Compliant with many worldwide regulating Requirements