🔸 SageSwap.io - Fast Crypto Swap 🔸 Escrow $2000 🔸 NO KYC/AML!

[cLoazyL]

Does any other crypto exchange provide any information about blocking? When my friend's account was blocked, he answered questions, and the exchange referred to its terms of service.

Ideally, there should be TOS. It is like a guidance for using the service on the exchange. Even there is no specific TOS, this must be written in the article on the exchange. They must have a certain page for announcements, news, or important information.

In a services like this exchange that don't required KYC, what does the reason of being blocked?  I mean what's the common reason?
That's right, it has been clearly stated on ToS or even in FAQ, but I'm confused about blocking your account as posted above.

The best terms that I liked on SageSwap.

Q: What if I don't know whether my coins are high risk?

A: If you don't know or are undecided, you can use Standard swap mode. If we detect big AML score or strange connections, we will give you information to contact support. After contacting support, you will have to confirm that you agree to an additional fee for processing the transaction. If you do not agree, you will receive a refund to the provided address.

There's no reason an exchange should seize, freeze, or even hold money just because it's flagged or detected in a large AML alert, they have no right to do so unless law enforcement tells them to, IMO.

That’s not seizing your money (they don’t take ownership) it’s a compliance hold to prevent the platform from being used for money laundering, sanctions evasion, or other financial crime. Their internal monitoring tools detect tainted coins, mixer flows, darknet links, etc., and policy lets them act immediately in their sole discretion to avoid massive fines and license loss (they’ve already been hit with tens of millions in AML penalties in the US and UK)

sageswap and similar services most likely don’t have any proper legal licenses, and they may not even be officially registered in any country. That’s why they don’t have to require KYC, run AML checks, or seize money

[examplens]

sageswap and similar services most likely don’t have any proper legal licenses, and they may not even be officially registered in any country. That’s why they don’t have to require KYC, run AML checks, or seize money

idk, but I would say that Sageswap cannot be a problem here, given that they never require KYC or freeze user funds. More of a problem are services that mill funds, require KYC, all without any proof of a similar request from the authorities. Many of them arbitrarily lock the user's coins, it seems like an organized scam under the guise of legality.

[kawetsriyanto]

In a services like this exchange that don't required KYC, what does the reason of being blocked?  I mean what's the common reason?
That's right, it has been clearly stated on ToS or even in FAQ, but I'm confused about blocking your account as posted above.

I just responded to his case, I don't really know it since I never experienced the case. I only ever have a case of suspended deposit because of it is suspected from mixer services or from excluded sources. In my case, it requires manual check to avoid money laundry or illegal cash flow. However, it didn't end up with blocking accounts or the like.

Sure, it must be described on TOS. The team must have anticipated all possibilities, including blocking cases. Well, this must be very serious cases.

There's no reason an exchange should seize, freeze, or even hold money just because it's flagged or detected in a large AML alert, they have no right to do so unless law enforcement tells them to, IMO.

This will depend on the rules (TOS) on the exchange itself. That's why it is very necessary to understand it before we use the service. But I am very sure it will never happen in SageSwap. 

[Daniel91]

Does any other crypto exchange provide any information about blocking? When my friend's account was blocked, he answered questions, and the exchange referred to its terms of service.

Ideally, there should be TOS. It is like a guidance for using the service on the exchange. Even there is no specific TOS, this must be written in the article on the exchange. They must have a certain page for announcements, news, or important information.

In a services like this exchange that don't required KYC, what does the reason of being blocked?  I mean what's the common reason?
That's right, it has been clearly stated on ToS or even in FAQ, but I'm confused about blocking your account as posted above.

The best terms that I liked on SageSwap.

Q: What if I don't know whether my coins are high risk?

A: If you don't know or are undecided, you can use Standard swap mode. If we detect big AML score or strange connections, we will give you information to contact support. After contacting support, you will have to confirm that you agree to an additional fee for processing the transaction. If you do not agree, you will receive a refund to the provided address.

There's no reason an exchange should seize, freeze, or even hold money just because it's flagged or detected in a large AML alert, they have no right to do so unless law enforcement tells them to, IMO.

That’s not seizing your money (they don’t take ownership) it’s a compliance hold to prevent the platform from being used for money laundering, sanctions evasion, or other financial crime. Their internal monitoring tools detect tainted coins, mixer flows, darknet links, etc., and policy lets them act immediately in their sole discretion to avoid massive fines and license loss (they’ve already been hit with tens of millions in AML penalties in the US and UK)

sageswap and similar services most likely don’t have any proper legal licenses, and they may not even be officially registered in any country. That’s why they don’t have to require KYC, run AML checks, or seize money

I don't think there's any need to comment or speculate about things we don't know about such as the legal status and registration of sageswap.
The most important thing for users is that they have the security of anonymity and privacy and that the requested service will be provided quickly and efficiently.
Honestly, in many countries it's very complicated to report crypto earnings and pay taxes, mostly because the tax authorities ask for information about all transactions, payments and withdrawals, which many of us don't have.
Until such a situation changes, users will look for alternative ways to transfer their crypto assets, and sageswap offers exactly what many users are looking for.

[SageSwap]

Does any other crypto exchange provide any information about blocking? When my friend's account was blocked, he answered questions, and the exchange referred to its terms of service.

Ideally, there should be TOS. It is like a guidance for using the service on the exchange. Even there is no specific TOS, this must be written in the article on the exchange. They must have a certain page for announcements, news, or important information.

In a services like this exchange that don't required KYC, what does the reason of being blocked?  I mean what's the common reason?
That's right, it has been clearly stated on ToS or even in FAQ, but I'm confused about blocking your account as posted above.

The best terms that I liked on SageSwap.

Q: What if I don't know whether my coins are high risk?

A: If you don't know or are undecided, you can use Standard swap mode. If we detect big AML score or strange connections, we will give you information to contact support. After contacting support, you will have to confirm that you agree to an additional fee for processing the transaction. If you do not agree, you will receive a refund to the provided address.

There's no reason an exchange should seize, freeze, or even hold money just because it's flagged or detected in a large AML alert, they have no right to do so unless law enforcement tells them to, IMO.

sageswap and similar services most likely don’t have any proper legal licenses, and they may not even be officially registered in any country. That’s why they don’t have to require KYC, run AML checks, or seize money

When it comes to KYC, you're wrong, there are jurisdictions that allow it, but when it comes to AML, you're right.

[FP91G]

I wouldn't even discuss this issue because it's not that important right now. I don't think any users will go to court to resolve disputes. The service works well, and that's the most important thing.
I hope you've hidden your servers well so that law enforcement doesn't have access to them.

[examplens]

I wouldn't even discuss this issue because it's not that important right now. I don't think any users will go to court to resolve disputes. The service works well, and that's the most important thing.
I hope you've hidden your servers well so that law enforcement doesn't have access to them.

In fact, it is a very sensitive territory.
We all like complete anonymity and exchanges that offer this always have an additional plus. It may be a bit hypocritical to demand that the exchange owner disclose information about himself while we expect ourselves, as users, to remain anonymous. The same thing is in the other direction, where the owners of exchanges insist on their anonymity while at the same time demanding KYC from their users.