Crypto exchange Bybit has introduced a new tool called Bybit AML, designed to help users check cryptocurrency wallets and transactions for potential risks. The service is completely free, does not require registration, and is available to anyone without restrictions.
The tool is aimed at everyday situations where users need to better understand who or what they are dealing with — before sending funds, accepting crypto payments, or interacting with a new wallet address. To run a check, it’s enough to paste a wallet address or a transaction hash and wait a few seconds for the results.
Bybit AML analyzes publicly available blockchain data and identifies potentially risky patterns. The results are presented in a clear and user-friendly format, showing an overall risk level, transaction history insights, and warning signals that may deserve attention. No account creation or personal data is required to use the service.
The tool can be useful for a wide range of users: private investors, traders working with P2P transactions, freelancers, entrepreneurs, and online businesses that accept cryptocurrency payments. It allows users to assess incoming or outgoing transactions in advance and reduce the chance of dealing with problematic funds.
With the growing adoption of cryptocurrencies, concerns around transaction transparency and safety continue to rise. Many similar tools on the market are paid or require registration. Bybit has taken a different approach by making its solution open, free, and easy to use.
The launch of Bybit AML highlights the exchange’s focus on improving transparency and risk awareness in the crypto space. Thanks to its simplicity and accessibility, the service can become a practical part of everyday crypto operations and an extra layer of confidence when working with digital assets.