At Affirmpeer, we respect your privacy and are committed to protecting your data. This Privacy Policy outlines how we collect, use, and safeguard the minimal information necessary for our decentralized operations.
Affirmpeer is built on the principles of decentralization, transparency, and user sovereignty. We do not collect or store personal data beyond what is essential to facilitate secure, peer-to-peer crypto transactions.
We use the collected information to:
• Facilitate OTC crypto trades and escrow operations
• Improve user experience and platform performance
• Monitor for suspicious or fraudulent activity
• Enable decentralized arbitration and trust scoring
Your wallet address may be publicly linked to your reputation score and trading history only within the platform.
Affirmpeer may use minimal, privacy-respecting cookies for:
• Session management
• Preventing bot activity
• User preferences
We do not use intrusive tracking technologies or sell your data to third parties.
Affirmpeer may integrate with:
• Blockchain networks (Ethereum, BNB Chain, etc.)
• IPFS or other decentralized storage solutions
• Smart contract services
• Smart contract services
• These services have their own privacy policies.
We implement:
• End-to-end encryption of dispute logs
• Smart contract auditing
• Cold-storage security for platform funds (when applicable)
• Zero-access design — no one, not even Affirmpeer, can access your Account details ,private keys
Your data is yours. Your assets are yours.
Here’s why this change is necessary: Operational efficiency:
VIP accounts handle larger transactions, and higher minimums help streamline processing and confirmations.
Network & liquidity costs: Large withdrawals incur higher blockchain and liquidity management costs, which are optimized by setting higher minimum limits.
Security & compliance: Higher limits reduce transaction fragmentation and enhance monitoring for high-value trades. Priority processing: VIP withdrawals are processed faster, and higher minimums allow us to maintain that priority service level.
In return, you benefit from significantly higher withdrawal ceilings, faster processing, and dedicated support, making large transactions smoother and more reliable.
Korean Virtual Asset Tax Compliance
Affirmpeer operates in accordance with international regulatory frameworks governing digital asset transactions. For users conducting transactions connected to the Republic of Korea, additional compliance procedures may apply under the **Korean Virtual Asset Tax Program** administered by the Korean National Tax Service (NTS).
South Korea has introduced regulatory measures to monitor and report cryptocurrency transactions as part of its financial transparency and tax compliance policies. These measures are designed to prevent tax evasion, money laundering, and other financial crimes associated with digital asset trading.
Under this framework, certain digital asset transactions linked to Korean jurisdictions may be subject to tax declaration, verification procedures, or withholding requirements before the transfer or release of funds. These compliance checks are implemented to ensure that digital asset transactions meet the reporting obligations required by Korean financial authorities.
In addition, South Korea has implemented strict identification and Anti-Money Laundering (AML) rules requiring verified financial accounts and transaction monitoring for cryptocurrency activities. These regulations are intended to ensure that trading platforms properly verify user identities and maintain transparent records of digital asset transfers.
Korean Virtual Asset Tax Compliance
Where applicable, users may be required to complete tax-related verification procedures before a transaction or withdrawal can be finalized. This process ensures that:
*
Digital asset transfers comply with applicable tax reporting standards
*
Transactions are verified under AML and financial monitoring regulations
*
Applicable withholding or compliance obligations are satisfied
Such verification procedures may include regulatory checks related to capital gains reporting, transaction origin verification, and cross-border digital asset compliance requirements.
South Korea has introduced plans to apply taxation to cryptocurrency profits exceeding specified thresholds, reinforcing its regulatory oversight of the virtual asset market.
Regulatory Cooperation
Affirmpeer may cooperate with regulatory authorities, financial institutions, and compliance partners where required to ensure that all transactions processed through the platform comply with applicable international financial laws and tax reporting obligations.
Users engaging in transactions that fall under Korean jurisdiction acknowledge that tax compliance procedures may apply prior to the completion of certain transfers or withdrawals.