Travel Rule

What is this request?

The Travel Rule for blockchain is a set of regulations designed to prevent money laundering and terrorist financing within the cryptocurrency industry. It mandates that Virtual Asset Service Providers (VASPs), such as cryptocurrency exchanges and wallet providers, share information about certain transactions with other VASPs. This information typically includes the sender's and receiver's identities, similar to how traditional financial institutions handle wire transfers.

The Travel Rule aims to enhance transparency and traceability of cryptocurrency transactions, making it more difficult for illicit actors to exploit the anonymity of blockchain technology. By requiring VASPs to share information, authorities can better monitor and investigate suspicious activities, ultimately contributing to a safer and more secure cryptocurrency ecosystem.

Tutorial

var axios = require('axios');

axios.post('https://api.getdefy.co/v2/security/travel_rule', {
    "transaction_asset": "ETH",
    "transaction_amount": "20.3",
    "sender": {
        "name": "Jane Doe",
        "identifier": "0000000",
        "address": "0x1d0d2d8c85441050abc9eb654399fa198fbd5721",
        "vasp": {
            "name": "DEFY VASP 1",
            "id": "VASP_ID_1"
        }
    },
    "receiver": {
        "name": "John Doe",
        "identifier": "0000001",
        "address": "0x1d0d2d8c85441050abc9eb654399fa198fbd5720",
        "vasp": {
            "name": "DEFY VASP 2",
            "id": "VASP_ID_2"
        }
    },
    "tx_id": "2n13as23mn",
    "apikey": "APIKEY"
  })
  .then(function (response) {
    console.log(JSON.stringify(response.data));
  })
  .catch(function (error) {
    console.log(error);
  });

Options

• apikey (required): API key for requests. If you want you set apikey params to header.

• transaction_asset (required): Transaction asset symbol.

• transaction_amount (required): Transaction amount.

• sender (required): User data for service.

• receiver (required): User data for service.

• tx_id (required): Transaction ID from provider.

POST https://api.getdefy.co/v2/security/travel_rule

Body Parameters

Name	Type	Description
apikey*	String	API Key
transaction_asset*	String	Transaction Asset
transaction_amount*	String	Transaction Amount
sender*	Object	Sender Data
receiver*	Object	Receiver Data
tx_id*	String	Transaction ID

200: OK

{
    "code": 0,
    "message": "OK",
    "data": "APPROVED"
}

400: Bad Request

{
  "message": "Error Message",
  "status": 5000
}