The Bridge Protocol, a compulsory security protocol for transactions involving the exchange of fiat currencies for digital assets, has been designed and implemented.
This protocol comprises a series of organizational and technical protective measures designed to ensure transaction safety and mitigate any unacceptable risks during their execution.
Key principles and rules of the protocol include:
- The safety of the deal is of utmost importance.
- Unless otherwise agreed, transactions remain strictly confidential (agents are not authorized to conduct KYC and AML procedures).
- Transactions are not censored.
- Initial liquidity is sourced from the customer.
- Once the terms of the deal are agreed upon, all parties are required to execute, even if the market price of the asset has significantly changed since the terms were established.
- In regulated jurisdictions, transactions comply with the requirements of the local regulator.
- In jurisdictions where it’s not explicitly prohibited, all purchases and sales of digital assets are conducted as traditional civil law agreements between individuals (p2p).
- If technically feasible, preference is given to remote methods of transaction or delivery.
- Delivery is conducted following traditional security protocols for the collection of cash and valuable cargo.
- Meetings take place at bank branches or public locations. Transactions in private offices, residences, industrial spaces, or warehouses are not permitted.
Access to the service is granted through invitations from existing customers.