Custodial Digital Asset Wallet Services
We provide regulated custodial wallet services for digital assets. As a custodian, we hold digital assets on behalf of verified account holders in accordance with applicable federal and state regulations.
Our Services
Ace Payment Services, Inc. offers two specific, regulated financial services. We do not offer trading, exchange, brokerage, or investment services of any kind.
Service Scope: This is a financial service provider offering custodial digital asset wallet services and money transmission services only. We are not an exchange, broker, dealer, or investment adviser. We do not offer trading, lending, staking, or any form of asset management or investment service.
Regulated Services
What We Provide
Money Transmission Services
We facilitate the transmission of digital assets and funds between parties. Our money transmission operations are conducted under FinCEN registration and applicable state money transmitter licenses.
Service Detail
Custodial Wallet Services — How It Works
Identity Verification
All account applicants must complete a rigorous identity verification process in accordance with our Customer Identification Program (CIP). We collect and verify government-issued identification and other required information before opening an account.
Account Opening
Upon successful verification, we establish a custodial account for the customer. The account provides access to custodial wallet services and, where applicable, money transmission services.
Asset Custody
Digital assets deposited by customers are held in custody by Ace Payment Services, Inc. We maintain segregated records of customer assets and apply internal controls to safeguard customer funds. Assets are not used for proprietary purposes.
Transmission
Customers may instruct us to transmit digital assets or funds to third parties in accordance with applicable money transmission laws and our terms of service. All transmission instructions are subject to compliance review.
Service Limitations
Services We Do Not Offer
Ace Payment Services, Inc. does not offer any of the following services. Any representations to the contrary are unauthorized and should be reported to admin@acepayment.co.com.
Not Offered
- Cryptocurrency trading or exchange
- Securities brokerage or dealing
- Investment advisory services
- Lending or credit services
- Staking rewards or yield generation
- Asset management of any kind
- Derivatives or futures contracts
- Any form of financial advice