Sova — crypto exchange description

Sova is a crypto and fiat exchange service built around user convenience, stable performance, and a systematic approach to transaction security. The platform positions itself as an ecosystem where data protection and access control are embedded at the process level: modern security tools and privacy management mechanisms are used so that transactions run predictably, and interaction with the account and payment details remains protected. In exchange services, this has practical significance because users expect not only accurate conversion for a selected direction, but also careful handling of personal data, transaction history, and payment information.

The Sova crypto exchanger is designed for a wide range of tasks—from standard conversions between cryptocurrencies to fiat operations in different national currencies. The set of available directions includes popular fiat currencies and widely used crypto assets, making the service suitable for regular exchanges as well as occasional operations related to cashing out or buying. The terms of each request are determined by the selected direction and include the exchange rate parameters, fee accounting, amount limits, and reserve availability. In addition, actual execution speed depends on the infrastructure: on the crypto side, the network and confirmations matter; on the fiat side, the provider’s regulations and the specifics of the chosen payment channel play a role.

Support and providers

The service states 24/7 online support. This means assistance with requests, transaction statuses, and the interface is available at any time of day via the provided communication channels. Cooperation with verified fiat providers is also highlighted: the fiat side of the service relies on partner infrastructure used to process operations in national currencies. This model typically helps maintain stable processing for fiat-related directions and simplifies scaling the list of currencies and routes.

• Online support: 24/7.
• Fiat infrastructure: integration with verified providers for operations in national currencies.
• User focus: interface convenience and predictable request processing.

Currencies and crypto assets

Sova offers a wide selection of fiat currencies that can be used within the available directions. The list includes RUB, USD, UAH, EUR, KZT, INR, AZN, UZS, GBP, and CNY. This set makes it possible to choose settlement options depending on the region and the purpose of the transaction. The crypto side includes classic assets such as Bitcoin and Ethereum, as well as stablecoins and instruments for “dollar-denominated” equivalents: USDT, USDC, and Binance USD (BUSD). Availability of a specific pair, network, and route is determined by the direction terms and current liquidity for the selected asset.

The structure of directions is usually built around two main types of operations: “crypto ↔ crypto” conversions and “crypto ↔ fiat” operations via connected providers. Each pair has its own parameters: the rate calculation for the direction, fees, minimum and maximum amounts, and the available reserve. The reserve is a technical limiter of volume—it shows whether the direction is ready to process transactions of a specific size at the current moment.

• Fiat currencies: RUB, USD, UAH, EUR, KZT, INR, AZN, UZS, GBP, CNY.
• Cryptocurrencies: Bitcoin, Ethereum.
• Stablecoins: USDT, USDC, BUSD.

Operating format and exchange logic

The service operates around an exchange request where the transaction parameters are set: the selected direction, amount, payment details, and settlement terms. After the request is created, it is processed and the result is transferred to the specified details. The final amount is calculated taking into account the direction rate and fees, which may include a service component as well as blockchain network fees for crypto transfers. Limit parameters are set separately for each direction, so different pairs may vary in minimum and maximum amounts and in availability conditions.

Execution speed depends on the type of operation. On the crypto side, it is determined by network characteristics, the number of confirmations, and current blockchain load. For fiat directions, the provider’s regulations and the specifics of the payment channel used for the operation are important. Therefore, timelines across different currencies and routes may differ even for comparable amounts.

AML/KYC and transaction control

As part of its compliance policy, Sova applies AML (Anti-Money Laundering) procedures and, when necessary, KYC (customer identification). These mechanisms are used to assess transactions against internal risk criteria and comply with control requirements. In practice, this means transactions may be checked for signs of elevated risk, and certain requests may undergo additional review if the transaction parameters require clarification. For exchange services, this approach is a standard element of risk management, especially when working with stablecoins and directions used for fast transfers across different networks and channels.

During AML checks, the characteristics of the transaction and its context are considered: the origin of funds, the type of asset, route specifics, and indicators that may point to risky sources. If a transaction falls into a higher-risk category, processing may be suspended until the check is completed and details are clarified. In such cases, the service may request additional information about the transaction and/or perform identification (KYC) if required by internal rules and applicable control procedures. The scope of the requested information and the verification process depend on the specific direction and the result of the transaction analysis.

Additionally, transaction control based on the KYT (Know Your Transaction) principle may be applied as part of operational monitoring. Such control is usually aimed at assessing the movement of funds and identifying signs of elevated risk in transfer chains. At the same time, compliance procedures are not an “add-on” on top of the exchange: they are built into the processing model and may affect execution times for certain requests if additional verification steps are required. This is especially relevant when incoming funds have a complex movement history or are linked to sources that often fall under risk profiling.

• AML: transaction checks and risk assessment.
• KYC: customer identification when necessary within compliance procedures.
• KYT: transaction monitoring as part of funds movement control.
• Impact on timelines: additional checks may increase processing time for some requests.

Sova is a user-oriented exchange service offering a broad range of fiat and crypto directions. Supported fiat currencies include RUB, USD, UAH, EUR, KZT, INR, AZN, UZS, GBP, and CNY, along with crypto assets Bitcoin and Ethereum and stablecoins USDT, USDC, and BUSD. 24/7 online support and cooperation with verified fiat providers are stated. Transaction terms are determined by the selected direction and include rate parameters, fees, limits, and reserve, while AML/KYC/KYT compliance procedures are applied as part of transaction control and risk management.