​THE SERVICE OF THE CRYPTOCURRENCY INSTANT EXCHANGE

THE PROCEDURE OF THE CRYPTOCURRENCY INSTANT EXCHANGE

With the help of THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE the Platform «IEX COIN TRADE» provides the possibility of crypto-currencies exchange transactions directly between DIGITAL ASSET MARKETPLACE LIMITED and the User.

To carry out transactions with crypto-currencies using THE SERVICE OF THE CRYPROCURRENCY INSTANT EXCHANGE, a person wishing to use this Service on the Platform «IEX COIN TRADE» agrees that it:

  • acquainted with the USER AGREEMENT, accepts and agrees to comply with its conditions in full;
  • meets all the requirements of the Platform «IEX COIN TRADE» to the User;
  • registered on the Platform «IEX COIN TRADE»;
  • credited funds to the Platform «IEX COIN TRADE» (replenished the Account in its Personal Cabinet);
  • is familiar with the risks associated with implementation of activities with cash, cryptocurrencies.

1. The terms used in this THE PROCEDURE OF THE CRYPTOCURRENCY INSTANT EXCHANGE are understood in accordance with the provisions of the USER AGREEMENT, unless otherwise follows directly from the text of this PROCEDURE OF THE CRYPTOCURRENCY INSTANT EXCHANGE.

2. Transactions with the help of the Platform «IEX COIN TRADE» when using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE are conducted by the Platform «IEX COIN TRADE» by exchanging cryptocurrencies, which are offered by the User for exchange, to other cryptocurrencies or cash taking into account the rates offered by the Platform «IEX COIN TRADE» as of the date of the exchange transaction.

3. When exchanging cryptocurrencies using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE, the User performs exchange of his proposed cryptocurrency for another type of cryptocurrency, which is determined by the User and is available for exchange using the Service on the Platform «IEX COIN TRADE».

4. No additional commission is charged from Users for carrying out transactions using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE.

5.When conducting a transaction using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE between DIGITAL ASSET MARKETPLACE LIMITED and the User, DIGITAL ASSET MARKETPLACE LIMITED is a party of the transaction.

6. DIGITAL ASSET MARKETPLACE LIMITED guarantees that when carrying out transactions using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE, DIGITAL ASSET MARKETPLACE LIMITED assumes exclusively the amount of cryptocurrencies that are directly owned by DIGITAL ASSET MARKETPLACE LIMITED.

7. The User, using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE, can offer to exchange only cryptocurrencies of that type and in the amount that belong to the User and are in his account in the Personal Cabinet on the Platform «IEX COIN TRADE» at the time of placing such User's offer for exchange.

8. Transactions with the use of THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE are carried out by way of transferring to the User’s account in his Personal Cabinet of the cryptocurrencies (cash) due to the User (required by the User for exchange) with simultaneous withdrawal of the cryptocurency(ies) from the User’s Account in his Personal Cabinet offered by it for exchange, in favor of DIGITAL ASSET MARKETPLACE LIMITED and crediting to the account of DIGITAL ASSET MARKETPLACE LIMITED. From the moment of crediting the respective cryptocurrencies participating in the exchange to the Account of the User in his Personal Cabinet and to the account of DIGITAL ASSET MARKETPLACE LIMITED, exchange of cryptocurrency using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE is considered to be completed. The specified transactions are made by the Platform «IEX COIN TRADE» automatically.

9. All actions of the User when using THE SERVICE OF THE СRYPROCURRENCY INSTANT EXCHANGE are reflected in his Personal Cabinet.