Licenced Money Service Businesses under FINTRAC
Cryptix is registered as MSB and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
KYT crypto compliance
Blockchain risk scoring systems to detect suspicious cryptocurrency transactions
Whitelist management and 2FA
Specify the addresses where you want to withdraw funds, and no other addresses will be allowed for withdrawals. Additionally, enable two-factor authentication to protect your account
Fixed exchange rate for your customers for 15 minutes
Mass crypto payouts via API or Cryptix Dashboard
Avoid volatility risks through Auto conversion to stablecoin or fiat currency
Assign static crypto addresses to your customers
Get settled in fiat to your bank account or withdraw crypto
Free balance top-up and withdrawals
Customization of the payment page
Effortless online selling via payment links
Avoid volatility risks by automatically converting your incoming payments in popular cryptocurrency to stablecoin USDT or EUR.
By utilizing this feature, you can easily maintain the value of the payments you receive while minimizing your exposure to the volatility of cryptocurrency prices.
Additionally, Cryptix assists businesses in satisfying their customers by allowing them 15 minutes to complete a transaction during which the fiat-to-crypto rate is locked in. Regardless of how quickly exchange rates fluctuate after processing, the merchant receives the entire amount immediately.
The technology used for AML checks ensures that your company complies with anti-money laundering regulations. To ensure that businesses dealing with cryptocurrencies have the required systems to identify and prevent potential threats, regulators globally have implemented specific guidelines for monitoring crypto transactions. Failure to comply with these regulations can lead to substantial fines.
Cryptix has partnered with Crystal Blockchain to ensure compliance with anti-money laundering (AML) regulations and manage the risks associated with cryptocurrency transactions.
The iFrame payment solution is easy to integrate for merchants, with minimal need for extensive development work. It includes customizable features and design options to make getting started quick and straightforward.