What Is a VASP?
A Virtual Asset Service Provider (VASP) is a company that offers services involving cryptocurrencies and digital assets β such as exchanges, wallets, and custodial services. In the European Union, VASPs must register with national regulatory authorities and comply with strict anti-money laundering (AML) and know-your-customer (KYC) requirements.
ON3X: Registered in Poland, Operating Across the EU
ON3X is registered as a VASP under the Polish regulatory authority (KNF). This registration allows us to provide crypto services across all 27 EU member states. Our compliance program covers AML/CFT procedures, customer due diligence, transaction monitoring, and suspicious activity reporting.
What This Means for You
Asset protection: Your funds are held in segregated accounts with strict custody controls. We maintain reserves to cover all user balances at all times.
Data protection: As an EU-regulated entity, ON3X is fully GDPR compliant. Your personal data is protected by the strictest data privacy laws in the world.
Dispute resolution: If something goes wrong, you have access to formal complaint procedures, regulatory oversight, and consumer protection mechanisms that don't exist on unregulated platforms.
Transparency: We publish clear fee structures, maintain auditable records, and submit to regular compliance reviews. No hidden terms, no surprise changes.
Beyond Minimum Compliance
Regulation sets the floor, not the ceiling. ON3X goes beyond minimum requirements with additional security measures, proactive fraud prevention, and a commitment to building the most trusted platform in the industry.