The Virtual Currency Exchange Service View Full User Agreement ➔

5.10. At the User's request the Service Provider shall perform one of the following transactions (hereinafter – the Exchange Services):

5.10.1. virtual currency wallet service can be used for the purpose of keeping and storing virtual currencies;

5.10.2. exchange one virtual currency against another between the User's Wallets on the Platform;

5.10.3. transferring the User’s virtual currency by his request;

5.10.4. exchange virtual currency between the users that have sent the applications for virtual currency exchange to their user wallets with the rate, specified by them (peer to peer exchange).

5.11. To receive the Exchange Services, the User shall submit relevant application to the Service Provider.

5.12. The Exchange Services shall be performed at the exchange rate established by the Service Provider.

5.13. The Service Provider shall perform the Exchange Services in the reasonable time after User's request in accordance with clause 5.11. The User agrees, that due to virtual currency price fluctuations, the exchange rate may vary, and the Service Provider is not obliged to perform the Exchange Services at the exchange rate proposed by the User in application, specified in clause 5.11.

5.14. When performing the Exchange Service specified in clause 5.10.1, the Service Provider shall debit the relevant User Wallet in the virtual currency's amount specified in the User's application and send the relevant amount of currency (as result of exchange) to the relevant User Payment Account.

5.15. When performing the Exchange Service specified in clause 5.10.2 the Service Provider shall debit the relevant User Wallet in the virtual currency's amount specified in the User's application and deposit relevant amount of virtual currency to another User Wallet.

5.16. When performing the Exchange Service specified in clause 5.10.3 the Service Provider shall receive currency from the User Payment Account in amount specified in the User's application and deposit relevant amount of virtual currency to the User Wallet.

5.17. When performing the Exchange Service specified in clause 5.10.4 the Service Provider shall process 2 users´ applications for exchange their virtual currencies and debit the corresponding User Wallets with the virtual currency in the amount specified in users´ applications and deposit relevant amount of virtual currency to the corresponding User Wallets.

5.18. The User is fully responsible for transactions, specified in clause 5.10. None of the losses resulted from the mistake made by the User when executing transaction shall be covered by the Service Provider and the transaction itself shall not be the subject to the changes or cancel after its complete performance.