Terms & Conditions for VASP TECHNOLOGY Sp. z o.o.
These are the terms and conditions of using the services of VASP TECHNOLOGY.
Digital asset service is provided by VASP TECHNOLOGY Sp. Z o.o. under Virtual Currencies service provider license RDWW-487 issued by the Polish Virtual Currencies Business Activity Register.
By signing up you agree that you have read, understood, and accepted all of the relevant terms and conditions. If you do not agree or fail to adhere to these or any other rules of any of the services, you are not entitled to use the services.
All information that you provide to us at any time (including but not limited to the information provided upon the opening of the Account) must be accurate, current and complete and may not be misleading in any respect. We may, from time to time, request such information to be provided and/or updated, in which case you are required to provide us with the information without delay. If you are unable or unwilling to provide or update such information or it is incorrect, we have the right to deny opening the Account, close the Account and/or restrict the usage of the Services.
To use any of the Services, which might be provided for a fee as stated in Fees and Limits, you must open the Account and any such use must be done through the Account. One digital identity associated with the Account will be used for accessing all Services.
By opening an Account and using the Services, each User fully acknowledges that VASP TECHNOLOGY does not provide to the User any investment service or advice. Each User fully acknowledges that any information, product or service provided by us on our Website is not considered investment advice or recommendation, and independent professional advice should be sought where appropriate.
By using the Services you acknowledge that various types of risks are involved, including but not limited to risks relating to the fluctuation of the value of assets related to the Services (USDT, VaspCoins), technical imperfections of USDT, VaspCoins, the Website and the regulatory uncertainties, and risks related to our operations and financial viability. As our Users are taking risks and are exposed to them through our Services, we strongly recommend and encourage you to learn and gain a sufficient understanding of the risks involved prior to using our Services.
We encourage you to consult with a financial advisor or other appropriate professional prior to starting to use the Services.
We reserve the right to unilaterally decide whether to open an Account and/or whether to provide Services to any persons and shall have no obligation to justify or outline the reasons for any rejection.
All information that you provide to us at any time (including but not limited to the information provided upon the opening of the Account) must be accurate, current and complete and may not be misleading in any respect. We may, from time to time, request such information to be provided and/or updated, in which case you are required to provide us with the information without delay. If you are unable or unwilling to provide or update such information or it is incorrect, we have the right to deny opening the Account, close the Account and/or restrict the usage of the Services.
How to keep the Account safe and secure?
You are responsible for maintaining adequate security and control of any and all login IDs, passwords, private keys, personal identification numbers (PINs), and any other codes or devices which are intended to or can otherwise be used to access the Account and/or use the Services.
You must prevent unauthorized access to the Account and unauthorized use of the Services, your account credentials or private keys, and must promptly notify us of any such unauthorized access or use.
In the event of an investigation of any suspected unauthorized access to the Account or use of the Services you must fully and timely cooperate with us in order to successfully solve the issue.
You are solely responsible, and to the maximum extent permissible under applicable legal acts, and we will have no liability, for any activity that takes place on your Account if the Account has been accessed with your account credentials, regardless of whether or not you authorized such access.
FIAT account and Conversion Service
You acknowledge that all of the FIAT funds described in these Terms must belong to you and all the accounts described in these Terms must be opened under your name (or business).
In case we decline accepting FIAT transfers, the funds will be immediately returned to your account opened in a credit institution in accordance with the law.
In order to add FIAT funds to your Account you must transfer X amount of EUR to the account provided by us, which will be added to your VASP Account balance.
Any following transaction may be made from a different account, provided it is opened in your name (or business).
In order to buy USDT or VaspCoins in exchange for a specified FIAT currency in accordance with these Terms, you must have transferred the FIAT funds required for the transaction, as shown to you in the Website, to our account.
As soon as a transaction is authorized and processed we will display the value and the amount of your USDT or VaspCoins on your account.
We carry out the transactions described in these Terms on the basis of irrevocable instructions from you, which can be submitted through the Website.
You are not allowed to cancel, reverse, or change any transaction marked as complete after the submission of an instruction in accordance with these Terms.
By submitting the instructions in accordance with these Terms you irrevocably confirm to carry out the transaction without certainty of the Conversion Rate.
After receiving the instructions in accordance with these Terms, we will complete the requested transaction within 5 business days after receiving the payment (whereas a business day is considered to be a day when banks are open for business).