For Customers Log in
Contact Us

KYT Meaning

Know Your Transaction; a modern evolution of compliance that focuses on monitoring the "flow of funds" on the blockchain in real-time, rather than just verifying the identity of the person at the start. KYT software (like Chainalysis or Elliptic) analyzes the ledger to see where money is coming from and where it is going.

If a user tries to deposit money into an exchange that can be traced back to a "darknet market" or a known hack, the KYT system will flag the transaction as "high risk," and the exchange will block the account.

While KYC identifies the "who," KYT identifies the "what." It is a powerful tool for stopping crime on the blockchain, as it allows authorities to follow the "digital breadcrumbs" of a transaction even if the criminals try to use multiple wallets or "tumblers" to hide their tracks.

← Back to Glossary

Explore our services
Providing liquidity in the cryptocurrency market?
Authorize on our platform and do it smarter with FM Pulse.
pic

FM Marketplace

A reliable and high-performance crypto liquidity marketplace for institutions and businesses.

Learn more
pic

FM White Label

Launch your fully branded B2B crypto trading platform in under one week.

Learn more
pic

FM Liquidity Match

Crypto OTC-as-a-Service infrastructure for enhanced monetization and trade control.

Learn more

Scale your business, leave the hard work of your trading needs to us

Reduce your integration costs and operational risk across multiple access points with our platform

Get started