AstraBit is a U.S.-registered Broker-Dealer operating under SEC and FINRA oversight. As a regulated platform, AstraBit must follow U.S. securities laws, including Know Your Customer (KYC) and Anti-Money Laundering (AML) rules. These requirements apply to all users accessing AstraBit and AstraBlox products.

This article explains how AstraBit is regulated, why KYC is required, and how investor protections apply across the ecosystem.

Section Outline

  • Is AstraBit regulated?
  • Do I need to complete KYC to use AstraBit products?
  • Do I need to complete KYC for AstraBlox as well?
  • Why is KYC required for all services?
  • Is AstraBlox custodial or non-custodial?
  • Important Notes

Is AstraBit Regulated?

Yes. AstraBit is a U.S.-registered digital asset Broker-Dealer and a member of FINRA, regulated under the supervision of the SEC.

  • This registration requires ongoing compliance reviews, financial reporting, and operational oversight.
  • Being a regulated broker-dealer means AstraBit must follow rules for customer communications, data handling, and anti-fraud protections.
  • Registration is a legal requirement but does not imply endorsement, guarantee of safety, or assurance of profitability.

Users can independently verify AstraBit’s registration status through FINRA’s public BrokerCheck system.

Do I need to complete KYC to use AstraBit products?

Yes. All AstraBit users must complete KYC verification before accessing trading bots, portfolio management tools, or DeFi services. This includes AstraBlox and any affiliated product under the Astra ecosystem.

Verification ensures compliance with:

  • FINRA and SEC requirements for broker-dealers.
  • U.S. AML regulations, which require financial institutions to verify customer identity.
  • Broader market integrity rules, preventing anonymous accounts from bypassing safeguards.

Without KYC, users cannot trade or participate in AstraBit services.

Do I need to complete KYC for AstraBlox as well?

Yes. KYC is required across the entire Astra ecosystem. Once you complete verification on AstraBit, the same KYC status applies to AstraBlox and other Astra products.

This single KYC process eliminates the need to verify separately for each service. Your KYC tier determines the level of access available across all products.

Why is KYC required for all services?

KYC requirements exist to:

  1. Comply with U.S. law — FINRA and SEC rules require all broker-dealers to verify the identity of every customer.
  2. Prevent illicit activity — KYC helps detect and deter fraud, money laundering, and terrorist financing.
  3. Protect investors — By ensuring that accounts belong to real, verified individuals, AstraBit maintains a safer trading environment.
  4. Support transparency — Regulators and customers expect accountability in financial platforms.

This requirement is not unique to AstraBit. It applies across the entire regulated financial industry.

Is AstraBlox custodial or non-custodial?

AstraBlox employs Fireblocks’ MPC (Multi-Party Computation) architecture to create secure, policy-controlled wallets for users.

  • Each wallet is segregated for each user, preventing co-mingling of investor funds.
  • Transactions require multiple key shares (3-of-N signatures), ensuring no unilateral transfers are possible.
  • Users must initiate all transactions themselves. AstraBlox cannot move funds without explicit user authorization.

This model combines the convenience of platform wallets with the safeguards of non-custodial structures, ensuring funds remain under user control.

Important Notes

  • Digital asset trading involves risk, including possible loss of principal.
  • Registration with FINRA and the SEC does not imply endorsements or guarantee of safety.
  • KYC/AML verification is required by law and does not eliminate the risk of loss.