Service Usage Agreement

This agreement describes the terms on which the services of "COINSONIC" are provided. Before using the services, the User must read and accept all terms of this agreement. Otherwise, the User cannot use the services of the service.

This agreement is publicly available on the Internet on the COINSONIC page and may be changed by the Service Management unilaterally without additional notice to the User.

The parties to this agreement are "COINSONIC", hereinafter referred to as the "Service", and any individual using the services of the Service, hereinafter referred to as the "User".

1. Terms and Definitions

1.1. "COINSONIC" — a trademark that is the name of an electronic currency exchange point for WebMoney, Privat24, and QIWI, offering its services via a special interface for all Users.
1.2. User — any individual using the services of the "COINSONIC" service.
1.3. Electronic currency — a monetary obligation between the developer of this currency and its user, expressed digitally.
1.4. Payment system — a software-hardware product developed by a third party and representing a mechanism for accounting monetary obligations and organizing settlements between its users.
1.5. Service services — operations for input and output of electronic currencies, as well as other services, information about which is posted on the Service's showcase.
1.6. Payment — the transfer of electronic currency from the payer to the recipient.

2. Introduction

2.1. This agreement regulates the relationship between the User and the Service regarding the services provided by the Service to the User and cancels all previous agreements between the Service and the User on this subject.
2.2. This agreement does not cancel the applicable laws of the countries of registration and location of the Service and the User, as well as the contractual relationships between the User and the Payment System(s). If, under the applicable laws or other agreements, the User cannot use the Service’s services, the use of these services by the User is prohibited by these rules and will be considered illegal.
2.3. The Service guarantees and ensures the confidentiality of information about the User and their operations. The Service may provide this information only upon request from authorized state bodies, officials, or representatives of Payment Systems when there are legal grounds for this.

3. Subject of the Agreement

3.1. The subject of this agreement is the services for input and output of electronic currencies, as well as other services described on the Service's showcase.
3.2. The Service offers its services to all Users and does not verify the legality and legitimacy of the User's ownership of electronic currencies and/or financial resources, nor does it supervise the User's operations in any Payment System.
3.3. Payment systems and/or financial institutions bear exclusive responsibility for the funds entrusted to them by the User. The Service cannot be a party to the agreement between the Payment System and/or financial institution and the User and in no way bears responsibility for the improper or illegal use of the Payment System’s capabilities by the User, nor for the User's abuse of the Payment System’s functionality. The mutual rights and obligations of the User and the Payment System and/or financial institution are governed by the respective contracts.
3.4. Any completed operation for input and output of electronic currency, as well as any other operation offered by the Service to the User, is considered irrevocable, i.e., it cannot be canceled by the User after its completion — receiving the User the amount due to them under the previously accepted terms of the transaction.
3.5. The Service has the right to suspend or cancel a transaction if authorized bodies provide information about the User’s unlawful ownership of electronic currencies or financial resources and/or other information that makes it impossible for the Service to provide services to the User.
3.6. The Service has the right to suspend or cancel a transaction if the User violates the terms of this agreement.
3.7. The Service has the right to cancel a transaction and return the electronic currency and/or financial resources deposited by the User without explanation.
3.8. The User undertakes to:

  • exclude any possible assistance in illegal trading and other illegal operations using the Service's services;
  • exclude any possible assistance in conducting financial fraud, not use the Service for the creation and distribution of pyramids, or for other activities that violate legislation and legal norms;
  • exclude in their practical activities using the Service any actions that could directly or indirectly harm the fight against money laundering and the legalization of illegally obtained funds;

4. Services of the Service

4.1. The User can order services and get information about the progress of the transaction exclusively by contacting the Service's representative.
4.2. The Service offers its services without a lunch break and will strive to ensure that services are provided without weekends and around the clock.

5. Cost of Services

5.1. The tariffs are determined by the Service's management and are published on the Service's website. The Service's management has the right to change the tariffs without additional notice.
5.2. In addition to the established rates, the User also reimburses all additional expenses for mail shipments, telephone, fax, etc., incurred during business relationships with the Service.

6. Taxation

6.1. The Service is not a tax agent for the User and will not notify the User about their tax liabilities. The User is obliged to independently pay all taxes required by the tax legislation of their place of residence.
6.2. If the Service is required by authorities to pay the User's taxes or cover debts arising from the User’s failure to pay taxes, the User agrees to reimburse the Service for all such payments.

7. Warranties and Liabilities of the Parties

7.1. The Service provides its services on an "as is" basis, as described on the Service’s website, and does not offer any additional warranties.
7.2. The Service guarantees the fulfillment of obligations to the User only within the amounts entrusted to the Service by the User for executing the transaction.
7.3. The Service will make every effort but does not guarantee that its services will be available 24/7. The Service is not responsible for losses, lost profits, or other expenses incurred by the User due to the inability to access the site and services of the Service.
7.4. The Service is not responsible for losses, lost profits, or other expenses incurred by the User due to delays, errors, or failures in processing bank payments or electronic transfers.
7.5. The Service is not responsible for losses, lost profits, or other expenses incurred by the User due to erroneous expectations about the Service's tariffs, transaction profitability, or other subjective factors.
7.6. The User guarantees reimbursement of losses to the Service (management company, executives, and employees) in cases of claims or complaints directly or indirectly related to the User’s use of the Service’s services, except for losses caused by the Service’s intentional or negligent actions.
7.7. The User guarantees that they are the owner or have the legitimate right to dispose of the amounts used in their transactions.
7.8. The User undertakes not to falsify communication flows related to the operation of the Service.
7.9. The User acknowledges that the content of the Service's website is protected by intellectual property laws, and unauthorized use of this content is illegal.

8. Force Majeure

8.1. Neither the User nor the Service will be liable to each other for delays or failure to fulfill their obligations as a result of force majeure circumstances, including natural disasters, fires, floods, terrorist acts, change of government, civil unrest, as well as non-functioning Payment Systems, energy supply systems, communication networks, and Internet service providers.

8.2. In case of an error during the payment transaction, the service will attempt to return the funds to the client automatically.

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