Terms of Service
1. Parties to the Agreement.
The Agreement is made between the online digital currency exchange service, hereinafter referred to as the "Executor", on the one hand, and the Customer, represented by the person who used the Executor's services, on the other hand.
2. List of Terms.
2.1 Digital Currency Exchange - is an automated product of the online service which is provided by the Executor in accordance with these rules.
2.2 Customer - an individual who agrees with the terms and conditions of the Contractor and this agreement, which he enters into.
2,3. Digital currency - is a standard unit of the particular payment system, which corresponds to the electronic systems settlements and indicates the volume of rights, corresponding to the particular agreement on the electronic payment system and its client.
3. Terms of Contract.
These rules are considered to be the subject of the public offer, which comes into force from the moment of the Customer's application and is one of the main components of this agreement. Information about the terms and conditions of applications specified by the Contractor is a public offer. The main part of the public offer are actions performed when filling out the application by the Customer, showing his exact intentions to transact on the terms and conditions proposed by the Contractor before the end of the application. The time, date and parameters of the bid are automatically created by the Contractor at the end of the bid. The proposal must be accepted by the customer within 24 hours prior to the end of the formation of the bid. Service agreement comes into effect from the moment of receipt of digital currency in full volume, specified in the application, from the Customer in accordance with the requisites specified by the Contractor. Transactions with digital currency are accounted in accordance with the rules, regulations and format of electronic payment systems. The Agreement is valid for a period, which is set from the date of application and continues until its termination by either party.
4. The essence of the agreement.
Using technical methods, the Executor undertakes to exchange digital currency for a commission from the Client after that person has submitted the application and to sell the digital currency to persons who wish to buy it for a sum of money that is not lower than the sum of money in the application submitted by the Client. The Executor undertakes to transfer the money according to the requisites specified by the Client. In case the profit occurs during the exchange, it remains on the Executor's account as an additional benefit and premium for the commission services.
5. Additional provisions.
5.1 If the Executor receives on his account an amount different from the amount specified in the application, the Executor makes a relocation that corresponds to the actual receipt of digital currency. If this amount exceeds the amount specified in the application by more than 10%, the Executor shall terminate the contract unilaterally and all funds shall be returned to the Customer's requisites with the amount deducted for the commission costs of the transfer.
5.2 If the digital currency is not sent by the Executor to the specified details of the Customer within 24 hours, the Customer has a full right to request termination of the contract and cancel the application, thus implementing the return of digital currency to his account in full. Application for termination of the contract and return of the digital currency is executed by the Executor in case if the money has not been transferred yet according to the Customer's requisites. In the case of termination of the contract the return of digital currencies shall be performed within 24 hours after receipt of the application for termination of the contract. If the delay in refund is not the fault of the Executor, he will not be responsible for it.
5.3 If within the specified period from the date of the Customer's application digital currency is not received from the Customer to the Executor, the contract between the parties is terminated by the Executor unilaterally, as the contract does not come into force. There can be no notification about it sent to the customer. If the digital currency is not received in the Executor's account after the deadline, such funds are transferred back to the Client's account, and all commission costs associated with the transfer are deducted from this amount.
5.4 In case of delayed transfer of funds to the account details specified by the Customer due to the fault of the payment system, the Executor shall not be liable for any damage caused by the transfer delay. In this case the Customer agrees that all claims will be transferred to the payment system, and the Executor shall provide assistance as far as possible in accordance with the law.
5.5 In the case of tampering with communication flows or due to the influence to reduce the performance of the Contractor, namely its software code, the application shall be suspended and the transferred money shall be resettled in accordance with the current agreement. If the Client does not agree to the relocation, he has the full right to terminate the agreement and the digital currency shall be transferred to the account details specified by the Client.
5.6 In case of using Executor's services, the Client fully agrees that Executor has a limited responsibility, in accordance with these rules, to receive digital currency and does not give additional guarantees to the Client and has no additional liability to the Client. Accordingly, Customer shall have no additional liability to Contractor.
5,7. The Customer undertakes to comply with applicable laws and not to interfere with any communication flows or create any obstacles to the normal operation of the software code of the Contractor.
5,8. The Executor shall not be liable for any damage or consequences of erroneous transfer of electronic currency in case the Customer has provided incorrect data during the application.
6. Warranty period
Within 24 hours after the digital currency exchange the Executor guarantees the provision of services, if not specified otherwise.
In the case of unforeseen circumstances that contribute to non-compliance with the terms of the contract by the Executor in processing the Customer's application, the terms of the application are delayed for an appropriate period of force majeure. The Contractor shall not be liable for overdue obligations.
8. Form of Contract.
Both parties represented by the Contractor and the Customer accept this agreement as an agreement equivalent to the validity of the contract stated in writing.
9. Claims and Disputes.
A claim under this contract shall be accepted by the Contractor in the form of an email, in which the Customer specifies the essence of the claim. This email shall be sent to the details provided on the Executor's website.
10. In case it is impossible to fulfill the orders automatically, not due to the fault of the Executor, for example, due to the lack of communication, lack of funds or erroneous data of the Customer, the money is transferred to the account within the next 24 hours or is returned to the account details of the Customer, net commission costs.