U.S. Money Services Business FinCEN MSB Reg. 31000315485316 ยท WA Lic. 550-MT-151553
U.S. Custodial Wallet

Secure Custodial Crypto Wallet & Digital Asset Transfers in the United States

Create a digital asset account, store cryptocurrency securely, and send transfers globally โ€” backed by a U.S.-registered money services business.

๐Ÿ“ Seattle, WA
๐Ÿ›ก FinCEN MSB Registered
๐Ÿ“œ WA Money Transmitter Licensed

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What you can do with Selam

A focused custodial product for individuals and businesses that need a U.S.-registered way to hold and transfer digital assets.

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Custodial Wallet

Hold supported digital assets in a wallet operated by Selam LLC under U.S. financial regulations.

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Digital Asset Transfers

Send and receive cryptocurrency between verified accounts and external wallet addresses.

ID

Verified Identity

Identity verification (KYC) is required before account features are activated.

How it works

A short, predictable onboarding path. No exaggerated promises โ€” just a verified account and a working wallet.

1

Register account

Create a Selam account using your email and a password.

2

Identity verification

Complete KYC. Required by U.S. regulations.

3

Access wallet

View balances and supported assets in your dashboard.

4

Send & receive

Move digital assets to and from external wallets.

Supported digital assets

A focused, conservative list of widely-traded assets. We do not list speculative tokens, leverage products, or yield programs.

Bitcoin BTC

Custodial deposits, withdrawals, and internal transfers on the Bitcoin network.

Ethereum ETH

Custodial deposits, withdrawals, and internal transfers on the Ethereum network.

Tether USDT

Custodial holdings of USDT (ERC-20). Stablecoin value is set by the issuer, not by Selam.

Selam does not offer margin trading, leveraged products, contracts for difference (CFDs), staking-as-a-service, lending, or yield programs.

Security & custody practices

We operate as a custodian under a U.S. compliance program. Customer assets are held for the benefit of customers โ€” they are not lent out or used for proprietary trading.

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Segregated customer assets

Customer balances are recorded separately from operating funds. Selam does not rehypothecate customer assets.

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Cold storage majority

The majority of supported digital assets are held in offline storage. Hot-wallet exposure is limited and monitored.

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Identity-verified accounts

Every account is verified under our Customer Identification Program before funds can be deposited or withdrawn.

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Recordkeeping & reporting

We maintain transaction records and file regulatory reports as required by U.S. law.

Transparent fees

All fees are disclosed before you confirm a transaction. Network (blockchain) fees are paid to validators, not to Selam.

ServiceFeeNotes
Account creation$0Identity verification required
Custodial wallet (holding)$0 / monthNo monthly account fee
Internal transfer (Selam ↔ Selam)$0Subject to compliance review
External crypto withdrawalNetwork fee + 0.50%Network fee shown before confirmation
Failed / reversed transactionPass-throughAny third-party network cost

Fees may be updated from time to time. Current fees are always shown in your dashboard before you confirm a transaction.

Eligibility & availability

Who can open an account

  • Individuals 18 years of age or older
  • Residents of jurisdictions where our services are offered
  • Able to complete identity verification under U.S. AML / KYC rules

Where we operate

Selam LLC is a U.S.-registered Money Services Business. Money transmission is offered in the State of Washington under license number 550-MT-151553. Services may not be available in all U.S. states or in all countries. We do not provide services to residents of jurisdictions subject to comprehensive U.S. sanctions.

Important risk disclosure

  • Cryptocurrency is volatile. The value of digital assets can rise or fall sharply, and you may lose some or all of the funds you transfer to your account.
  • No guaranteed returns. Selam does not promise, suggest, or guarantee any profit, yield, or investment return.
  • Not insured by the FDIC or SIPC. Digital assets held in a custodial wallet are not bank deposits and are not insured by any government agency.
  • Irreversible transactions. Blockchain transfers cannot generally be reversed. Always verify wallet addresses before confirming.
  • Educational, not advisory. Information on this site is for general informational purposes only and is not investment, tax, or legal advice.

If you are unsure whether digital assets are appropriate for your situation, consider speaking with an independent financial advisor.

Independent verification

You can confirm Selam's regulatory status directly with U.S. authorities โ€” no need to take our word for it.

Frequently asked questions

Is Selam a bank?

No. Selam LLC is a U.S.-registered Money Services Business and a state-licensed money transmitter. Funds and digital assets held with Selam are not bank deposits and are not insured by the FDIC or SIPC.

Does Selam guarantee returns or profits?

No. Selam does not offer trading signals, investment advice, or any guaranteed return. Cryptocurrency values can rise or fall and you may lose money.

What information do I need to open an account?

You will need a valid email address, a password, and government-issued identification to complete identity verification (KYC) before your account is activated.

Which assets are supported?

Bitcoin (BTC), Ethereum (ETH), and Tether (USDT, ERC-20). We do not list speculative tokens, leveraged products, or yield programs.

How do I verify Selam's licenses?

You can search FinCEN's MSB Registrant Search using registration number 31000315485316, and NMLS Consumer Access using Washington license 550-MT-151553.

Where can I read your AML / KYC policy?

Our policy summary is published on the AML / KYC Policy page.

FinCEN MSB Registered

Registration Number 31000315485316. Verifiable through the FinCEN MSB Listings.

WA Money Transmitter

License Number 550-MT-151553. Verifiable through NMLS Consumer Access.

Based in the United States

1616 SW Henderson Street, Seattle, WA 98106 โ€” operated by Selam LLC.

Cryptocurrency involves risk. We do not guarantee profits or investment returns. Digital assets may lose value.