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?

To purchase AML Tokens, please do the following:

Visit https://tokensale.amltoken.com and create an account.

In your dashboard, you will be able to deposit Bitcoin, Bitcoin Cash, Ethereum and Litecoin into your account. You can also generate an invoice for USD to pay via wire transfer (minimum $200 USD is required).

Once the funds are in your account, you can purchase AML Tokens.

 

Please see instructions to download the AML Wallet on Windows and MAC below.

MAC: https://amltoken.com/download-aml-wallet-mac-instructions/

Windows: https://amltoken.com/download-aml-wallet-windows-instructions/

 

For MAC, the AML Wallet is only compatible with 10.12 macOS Sierra to 10.13 macOS High Sierra.

The following instructional video demonstrates how to upgrade MAC versions to the afformentioned: https://amltoken.com/update-mac-os/

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

Please send your transaction information to [email protected]. Please include the email address associated with your account 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 Token Sale has completed.

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

Please send your transaction information to [email protected]. Please include the email address associated with your account and the AML Token Wallet receiving address you have used for the transaction.

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 Token Sale to us if we have not delivered all of 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 get technical support or ask questions?

For technical support, please email us at [email protected]. For questions or other items, please email us at [email protected].

When do I need to identify myself?

When you purchase AML Tokens, you do not need to identify yourself for AML compliance. When you exchange AML Tokens for AML BitCoin in a 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 at 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

What is your refund policy?

NAC FOUNDATION, LLC’S REFUND POLICY

Although we do not provide refunds, where there are extenuating circumstances, NAC may make an exception and provide a refund. Generally, however, where exceptions are made they will be in instances where cryptocurrency was deposited on the platform to purchase AML Tokens, but conversion of the cryptocurrency to the AML Tokens did not occur. Using Etherium as an example, NAC would refund the full amount of the ETH deposited. Or, if there was a conversion of the cryptocurrency to purchase AML, and a balance of crypto exists after conversion, NAC can refund the balance of cryptocurrency. All refunds will be in US dollars at the rate of exchange of the cryptocurrency on the date of the deposit of the cryptocurrency.

Special consideration may be given to reimburse in digital currency when digital currency was converted to the AML Token. To make a special request, one must submit a notarized statement to NAC stating why a refund is requested and acknowledge that the request for the special consideration will be reviewed after the ICO is completed.