Privacy Policy
KmoneyExchange.com processes the personal data of the Users for the purposes associated with making payment transactions and documenting their completion in compliance to the rules and regulations of our bankers and The Republic of Ghana.
In obedience to the rules and regulations of financial department of the Republic of Ghana, we are obliged to keep each transaction made via the KmonEyexchange.com platform under or equivalent to 10,000.00 dollars.
KmoneyExchange.com will report suspicious operations to relevant authorities without the obligation to notify the User of this act.
The safety measures adopted by KmoneyExchange.com referred to above encompass collecting the following information on the clients in case of a natural person:
FIRST NAME AND SURNAME
COUNTRY OF CITIZENSHIP
FRONT AND BACK COPIES OF PASSPORTS, VOTERS ID, DRIVERS LICENSES, BIRTH CERTIFICATES.
Our customers can provide any of these documents by uploading them on user account’s dashboard.
SELFIES WITH THIS DOCUMENTS AND CREDIT CARDS USED TO MAKE PURCHASES OF CRYPTOCURRENCIES ON OUR PLATFORM are also required to proof that you are what you say you are. We believe in truthfulness and seeing is believing. We’re obsessed with security and the safety of our customers and their information data is our No.1 priority.
Risk Warning
Trade in goods and products, including virtual currencies, entails significant risk.
Unit prices may be subject to considerable fluctuations in short periods of time.
Due to such price fluctuations, the resources may go up or down in value and even become worthless.
There is inherent risk that purchases, sales or trade on the market will result in losses. The trade in and possession of cryptocurrency involves additional special risk which is not commonly shared with official currencies.
Note that Bitcoin is a special kind of technology-supported currency and is based on mutual trust. There is no central management authority that could make decisions which could influence the stabilization of the rate of virtual currency or could take corrective action in order to protect the value of Bitcoin during recession.
However, Bitcoin is an autonomous, largely unregulated global settlement system. Therefore, it is more vulnerable to irrational (or rational) speculation or loss of confidence and that may exert significant influence on the shaping of unitary supply and demand.
The confidence in Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading in virtual currency in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the exchange rate of Bitcoin against other currencies.
Prior to the purchase of the currency, one should thoroughly assess whether the current financial standing and tolerance to unforeseeable risk allow for making the purchase or sale of, or trade in cryptocurrency. Funds which are not allowed to be lost should not be spent on trading in currency.
The finalization of a transaction is irreversible. The purchase or sale once accepted can not be reversed.