1. Sending Funds to Your Self-Hosted Wallet: When transferring crypto assets to your
personal self-hosted wallet, you will need to confirm your ownership of the wallet. This
Here, new Section: “Travel Rule Information” – select color from the color
pallete for the background please
verification step is crucial to safeguarding your funds and ensuring only authorized
access.
2. Transfers to Hosted Wallets Owned by Third Parties: When sending crypto to a
hosted wallet that belongs to another Virtual asset service provider, UAB Pilsenga
employs advanced protocols, including Sumsub, GTR, and CODE, to securely
communicate with the receiving wallet provider. Additionally, we require the third party to
declare specific information, which will be securely shared using our established
systems to maintain compliance with the travel rule.
3. Transferring to Third-Party Self-Hosted Wallets: When withdrawing funds to a self-
hosted wallet owned by a third party, whether it is an individual or a company, the wallet
owner must validate their ownership. Additionally, they are required to provide a formal
declaration regarding the wallet’s intended use and compliance. This ensures
transparency and adherence to regulatory standards for all types of recipients.