TERMS AND CONDITIONS
TERMS AND CONDITIONS
1. Introduction
Welcome to Smart Volatility Mitigation Inc. dba SVM Inc. (“SVM Inc.”). By accessing or using our services, you agree to comply with these Terms and Conditions. If you do not agree, please do not use our services.
2. Definitions
- “Services” means all services provided by SVM Inc., including but not limited to the exchange of fiat currencies for stablecoins, and the exchange of Bitcoin and ERC-20 tokens for stablecoins.
- “User” refers to businesses registered to use our services.
- “Stablecoin” refers to cryptocurrencies pegged to the value of fiat currency.
- “Subaccount” refers to any account created by the account holder for a specific group of transactions for which the user wishes to account separately.
3. Eligibility
You must be a registered business to use our services. By agreeing to these Terms and Conditions, you represent and warrant that you meet this requirement. Customers may be based anywhere except in sanctioned countries or regions as defined by international laws and regulations.
4. Account Registration
- Users must create an account to use our exchange services.
- Registration requires accurate and complete information. Users must update their information as it changes. User agrees that SVM may suspend services at any time if it becomes aware that information has changed but the account has not been updated.
5. Use of Services
- Users agree to use the platform solely for legitimate business activities.
- Any fraudulent or unlawful activity is strictly prohibited.
6. Transactions
- Exchanges from fiat to stablecoins, and from Bitcoin and ERC-20 tokens to stablecoins, are final. You must ensure that you review all transaction details before confirming.
- Withdrawals of funds are only available in cryptocurrencies.
- We do not guarantee the availability or value of any digital currency.
7. Custodianship
- Users acknowledge and agree that SVM Inc. acts as a custodian for any cryptocurrencies held in their accounts. Users are responsible for ensuring the security of their account details and for all activities that occur within their accounts or subaccounts.
8. Fees
- Fees for transactions will be outlined on our platform. By using our services, you agree to pay these fees.
9. Risk Disclosure
- Users acknowledge that they fully understand the risks associated with trading cryptocurrencies, including market volatility and potential loss of funds.
- SVM Inc. is not liable for any losses incurred during trading, or through carelessness of the user.
10. Compliance with Laws
- Users agree to comply with all applicable laws and regulations regarding the use of our services. Users confirm they are not located in sanctioned countries.
11. Intellectual Property
- All content and materials on SVM Inc. are the property of Smart Volatility Mitigation Inc. or its licensors. Users may not reproduce or use any content without permission.
12. Limitation of Liability
- To the maximum extent permitted by law, Smart Volatility Mitigation Inc. shall not be liable for any indirect, incidental, or consequential damages arising from your access to or use of our services.
13. Indemnification
- Users agree to indemnify and hold Smart Volatility Mitigation Inc., its affiliates, and their respective directors and employees harmless from any claims arising from their use of the services.
14. Amendments
- SVM Inc. reserves the right to amend these Terms at any time. Users will be notified of significant changes, and continued use of services constitutes acceptance of the new terms.
15. Governing Law
- These terms will be governed by and construed in accordance with the laws of Panama.
16. Contact Information
For any questions regarding these Terms and Conditions, please contact us at [email protected] or by phone at +507 833 7085.