AUDFAUDF
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How It Works

From Sign-Up to Settlement

A clear, step-by-step walkthrough of how the AUDF platform works — from account creation through to minting, redemption, and wallet withdrawals.

Step 01

Create Your Account

Sign up with your email address. You will receive a verification email to confirm your account before proceeding.

  • Email-based registration
  • Email confirmation required
  • Two-factor authentication enabled at registration
Step 02

Complete Identity Verification (KYC)

Before any transaction capability is enabled, you must complete identity verification. This process is handled by our integrated provider, Shufti Pro.

  • Government-issued ID document upload
  • Liveness / facial verification check
  • Review typically completed within 24 hours
  • You are notified once approved or if additional information is required
Step 03

Mint AUDF

Once verified, you can convert Australian Dollars into AUDF. Deposit AUD via the platform and submit a mint request.

  • Submit a mint request specifying AUD amount
  • Transfer AUD via bank transfer to the designated account
  • AUDF team verifies receipt of funds
  • Upon confirmation, AUDF is credited to your account
Step 04

Redeem AUDF

You can convert AUDF back to AUD at any time by submitting a redemption request. The process follows the same structured approval workflow.

  • Submit a redeem request specifying AUDF amount
  • Request enters the approval queue
  • AUDF team reviews and processes the request
  • AUD is transferred to your registered bank account on approval
Step 05

Withdraw to an External Wallet

Verified users may withdraw AUDF to an approved external crypto wallet. Wallet whitelisting and activation delays apply for security.

  • Register and verify an external wallet address
  • Mandatory activation delay before withdrawal capability is enabled
  • Submit a withdrawal request
  • AUDF team reviews and approves before funds are released
Step 06

Track Everything from Your Dashboard

Your personal dashboard gives you real-time visibility into your account balance, verification status, and the state of every transaction.

  • Live account balance display
  • Transaction history with status tracking
  • KYC and verification status
  • Wallet management panel

Key Concepts

Minting

The process of converting AUD into AUDF. AUD is deposited and verified, and the equivalent AUDF is issued to your account.

Redemption

The process of converting AUDF back to AUD. Your AUDF is returned and the equivalent AUD is transferred to your bank account.

KYC

Know Your Customer — mandatory identity verification required before any transaction capability is enabled. Conducted via Shufti Pro.

Wallet Whitelisting

Only pre-approved external crypto wallet addresses are eligible to receive AUDF withdrawals. New wallets must be registered and verified.

Approval Workflow

All transaction requests (mint, redeem, withdraw) are reviewed by the AUDF operations team before funds move.

2FA

Two-Factor Authentication — a mandatory second verification step (via email code) required on login and for sensitive account actions.

Ready to Get Started?

Create your account today and complete identity verification to access structured digital AUD services.