Terms & Conditions

version 01

Last Updated: 20.04.2024

 

  1. INTRODUCTION AND ACCEPTANCE OF TERMS AND CONDITIONS

1.1. These Terms and Conditions of Service (“Terms and Conditions”) are entered into between you (“User”, “user”, “You”, or “you”) and EUREVO Evolution s.r.o (“Company”), the Company, “we”, “us” or “our”) registered in Cimburkova 916/8, Žižkov, 130 00 Prague 3, Czech Republic, constitute the mutual agreement and understanding regarding the use of and access to any part or all of the Services.

 

The Company and User may be herein collectively referred to as “Parties” and separately as “Party”.

 

1.2. By visiting, accessing, or using the Company’s transaction Desk on the P2P Platform(s), you acknowledge that you have read, understood, and unconditionally agreed to be bound by this consent to the Terms and Conditions, so please read them carefully.

 

1.3. The Company may at any time, without notice, amend or modify the Terms and Conditions. Please note that it is your responsibility to check these Terms and Conditions periodically for changes and that your continued use of the Services offered by the Company following the posting of any changes to the Terms and Conditions indicates your acceptance of any such changes.

 

  1. DEFINITIONS

“Account” means User’s existing account registered in P2P Platforms. Users cannot create an account with the Company.

“Afilliate” means a person, entity or company directly or indirectly, controlling, controlled by or under direct or indirect common control with another person, entity or company;

“Applicable Law” means any law, rule, statute, subordinate legislation, regulation, by-law, order, ordinance, notification, protocol, guideline, treaty, policy, as well as any judicial, arbitral, administrative, ministerial, or departmental judgment, award, decree, directive, or other requirement that is published or in force at any time and which applies to or is otherwise intended to govern or regulate any person, property, transaction, activity, event, or other matter. This includes any rule, order, judgment, directive, or other requirement or guideline issued by any governmental or regulatory authority;

“Business Day(s)” means any day except any Saturday, Sunday or public holiday which banking institutions are open for normal business activities in Czech Republic;

“Desk” means the dedicated place where the Company’s advertisements are published on the P2P Platforms’ Website and/or Mobile Application;

“Digital Asset” means a representation of digital value that is possessed by the Company and made available to Users;

“Fees” means all fees imposed by us for the use of the Services;

“the Company” or “Company” shall have the meaning ascribed to the term in Clause 1.1;

“User” means the individual who is the user of the Services;

“Program” means the Anti Money Laundering and Counter Terrorist Financing Program executed by the Company;

“P2P Platform” means the Website and/or Mobile Application run by the crypto currency exchanges that allow crypto peer-to-Peer trading such as Binance, OKX, Paxful.com, Bybit, and others, on which we list our sell/buy ads;

“Our Website” means the website at “eurevo.net”;

“Services” means all related features, services, content, and applications that are made available by Company to you and described in Clause 6.

 

  1. INTERPRETATION

3.1. You can access our Services by locating our advertises on the P2P Platform of the major crypto exchanges, by clicking on the “buy or sell” button there. A description of our Services is contained in Clause 6 of these Terms and Conditions.

 

3.2. As described in these Terms and Conditions, you agree to be legally bound by these Terms and Conditions and all terms incorporated by reference. If you do not agree to be bound by these Terms and Conditions, do not access, or use the Services.

 

3.3. To the fullest extent permissible pursuant to Applicable Laws, the Company reserves the right to change or modify the Terms and Conditions, and any policy or guideline of the Company, at any time and at our sole discretion.

 

3.4. To the fullest extent permitted under Applicable Law, if you continue to use the Services after the Company updates the Terms and Conditions, you agree to be bound by the updated Terms and Conditions. The User acknowledges that they understand the terms and conditions applicable to his or her access to and use of the Services and agrees to review the Terms and Conditions frequently.

 

3.5. These Terms and Conditions, and any terms expressly incorporated herein apply to your access to, and use of, any Services provided by us. The Terms and Conditions take precedence over and do not alter in any way the terms or conditions of any other agreement you may have with us for products, services or otherwise. If you are using the Services on behalf of a legal entity, you represent and warrant that (a) such legal entity is duly organised and validly existing under the applicable laws of the jurisdiction of its organisation and (b) you are authorised to accept the Terms and Conditions on such entity’s behalf and that such entity agrees to be responsible to us if you violate the Terms and Conditions, (c) you are authorised to execute transactions on behalf of the legal entity.

 

3.6. Please read the Terms and Conditions, and any document referred to in them very carefully. If there is anything that you do not understand in the Terms and Conditions, and any document referred to herein, please discuss this matter with us and seek the necessary clarification.

 

3.7. Any formal communication with you will be undertaken through electronic mail and live chat unless otherwise instructed. You agree that the relevant documents will be sent to you by electronic mail and that you will deliver any documents to us by the same means.

  1. ELIGIBILITY AND PROHIBITION OF USING OUR SERVICES

4.1. The Services are intended solely for Users who are natural persons aged 18 or older. By requesting to use the Company’s Services, you have represented, warranted and accepted that;

 

4.1.2 you are of sound mind and capable of taking responsibility for your own actions, you have the full legal capacity, right, power and authority to accept these Terms and Conditions and enter into transactions with us;

 

4.1.3. you are not located in or a resident of the jurisdiction of any Country that is notified to be subject to prohibitions or restrictions on accessing or using Company’s Services;

 

4.1.4. all information and details that you submit to us during the use of our Services are true, current, complete and not misleading and, match the name(s) on the identity document(s) or other bank accounts to be used to receive the Digital Assets in exchange for Fiat Money and vice versa;

 

4.1.5. you will not use the Services to pay for, support or engage in any illegal activities;

 

4.1.6. you will not use methods to conceal the location from which you access the P2P Platform, and our Services, and that you will disclose to the Company, your accurate and true location. Should the Company determine on its sole discretion that your transactions or your transaction requests is  suspicious or related to any prohibited activity or illegitimate operation, the Company may cancel, suspend, block any outstanding transactions, or deny any new transactions;

 

4.1.7. you will use our Services and Intellectual Property solely for your own personal use and not for any commercial purposes;

 

4.1.8. You shall not to act as intermediary, agent, advisor or in any fiduciary capacity;

 

4.1.9. you are the beneficial owner of your Account and any Digital Asset or Fiat Money subject to these Terms and Conditions, and forming the subject matter of the Services and not acting on behalf of or representing any other natural person, legal person or legal entity;

 

4.1.10. you will not manipulate the Services in any way. Such manipulation includes amongst others, the use of automated systems (i.e. bots, software and/or system) or any other use which cannot be considered as typical trading behaviour of human beings;

 

4.1.11. you will notify us immediately of any unauthorised use of your Account or password, suspected compromise of login information, or any other breach of security. You warrant, represent, and agree to be solely responsible for maintaining your personal details confidential and safeguarding your Digital Assets. Any compromise of your Account login information may expose your Account to unauthorised access which may result in theft or loss;

 

4.1.12. The Service is designed for your personal use only, and not for the use or access by any third party. In any event, you are fully responsible for all acts or omissions of any third party accessing and/or using your Account.

 

  1. PROHIBITED BUSINESSES

5.1. Any use of our Services in connection with any of the following categories of activities or businesses is prohibited (“Prohibited Businesses”), and we always reserve the right to monitor your transactions that are related to any of the following Prohibited Businesses:

 

  1. unlicensed money service businesses, including but not limited to payment services providers, the sale of money orders or cashier’s checks or any money transmitter activities.
  2. any business relationships with banks or financial institutions that do not maintain a physical presence in any count (i.e., a prohibited “Shell Bank”), or that have financial activities or services that do not comply with, or would cause the Company, as applicable, not to be in compliance with any laws, regulations, or other legal authority orders applicable to us, or applicable to the regulated financial services or activities in question.
  3. adult content and services, including but not limited to any types of pornography and other obscene materials (including literature, image and other media), sites offering any sexually-related services such as prostitution, escorts, pay-per view, and adult live chat features;
  4. deceptive marketing and false advertising services;
  5. religious and/or spiritual organisations.
  6. unlicensed sale of weapons of any kind, including but not limited to arms, ammunition, knives, explosives, or related accessories;
  7. certain regulated products and services, including but not limited to marijuana dispensaries and related businesses; sale of tobacco, e-cigarettes, and e-liquid; online prescription or pharmaceutical services; age restricted goods or services; and toxic, flammable, and radioactive materials;
  8. pseudo-pharmaceuticals, companies manufacturing and or selling untested or unapproved pharmaceuticals;
  9. drugs and drug paraphernalia, including but not limited to, sale of narcotics, controlled substances, and any equipment designed for making or using drugs, such as bongs, vaporizers and hookahs;
  10. gambling activities, including but not limited to sports betting, casino games, horse racing, dog racing, lotteries, games of chance, sweepstakes, games of skill that may be classified as gambling (i.e. poker), or other activities that facilitate any of the foregoing;
  11. money-laundering, fraud, terrorist financing, or any other type of financial crimes;
  12. any sort of Ponzi scheme, pyramid scheme, or multi-level marketing program;
  13. goods or services that infringe or violate any copyright, trademark, or proprietary rights under the laws of any jurisdiction;
  14. layaway systems, or annuities;
  15. counterfeit or unauthorized goods, including but not limited to the sale, resale of fake or “novelty” IDs, and the sale of goods or services that are illegally imported or exported or which are stolen;
  16. wash trading, front-running, insider trading, market manipulation or other forms of market-based fraud or deceit;
  17. purchasing goods of any type from hidden service markets or “Darknet” markets, or any other service or website that acts as a marketplace for illegal goods (even though such marketplace might also sell legal goods);
  18. any other matters, goods, or services that from time to time we deem to be unacceptable or of high risk, and which, for example, may be restricted by our and your bank;
  19. any other unlawful activities which would, in our sole discretion, violate, or assist in violation of, any law, statute, ordinance, or regulation, sanctions programs administered in the countries where we conduct business, or which would involve proceeds of any unlawful activities;
  • Shell Banks or financial institutions that have customers that are Shell Banks;
  • entities with bearer share ownership;
  • defence industry, rearms and munitions manufacturers;
  • nuclear energy;
  • restricted financial services, including but not limited to credit repair, debt settlement, refinance, bail bonds, collections agencies; or
  • transactions or business involving ivory and protected species.

 

5.2. In the event that we learn or reasonably suspect, in our sole discretion, that your transactions or Account is or may be associated with any of the Prohibited Businesses as set forth above, we will consider it to be a violation of these Terms and Conditions and may cancel, suspend or terminate and/or block transactions or freeze your funds immediately without notice, and we reserve the right to report any such suspected or actual Prohibited Businesses to the competent authorities.

 

  1. DESCRIPTION OF OUR SERVICES

6.1. The Company provides an online service for Users to trade certain types of Digital Assets (“Digital Assets”) for Fiat Money or vice versa (“Services”).

 

6.2. The Company provides the User journey as follows;

 

The User journey to buy cryptocurrencies from the Company will consist of the following steps:

  1. A User/prospective User visit the Company’s transaction Desk through either a Website or a Mobile application of a third-party platform (the “P2P Platforms”) on which the Company advertises its services. 
  2. A prospective User, in line with its request, will be directed to the P2P trading section on the P2P platform. The P2P Platform could be for example, Binance, OKX, Huobi, Paxful and Bybit, or others.
  3. When creating an account at the P2P Platform’s P2P page, the prospective User agrees to the Terms of Business of the P2P Platform on which they have registered on.
  4. The customer will then go to the p2p trading section to buy/sell cryptocurrencies, where they will see one of the Company’s advertisements, along with the rate on the advertisement and the Company’s terms of trade. 
  5. Once the User is ready to purchase, they start the purchasing process by initiating an order request for the Fiat Money (CZK, SEK, NOK, HUF, or others) or the Digital Asset (USDT, USDC) on the amount they are interested to buy. Afterwards, the Company enters into a live chat with the customer, where Users are guided to verify their identity. The Company will then perform the customer identification and verification assessments on the prospective User, applying the risk-based approach set out in its Anti Money Laundering & Know Your Customer Policy.
  6. Once the User is successfully verifying their identity, they will then be able to complete the current order request.
  7. The User will be prompted to make payment for the order through EU registered bank account as per the rate displayed on the advertisement..
  8. Once the payment has arrived into the Company’s bank account, the Company will release the Digital Assets to the User via the escrow of the P2P Platforms, the User would then be able to see the purchased assets in their crypto wallet on the P2P Platform. 

 

A typical User journey to sell cryptocurrency differs slightly. After being verified, the User places an order on the P2P Platform. The rate is advertised and displayed before they place the order. After placing the order, the cryptocurrencies automatically move into the escrow of the P2P Platforms for custody. The Company is then able to authorise to pay the transacted value to the User.

 

6.3. The Company will extend its efforts to settle transactions in a reasonable time. Where the Company is aware of any delays in settlement, it will communicate with you where possible before it executes an order.

 

6.4. The Company may accept or reject to offer its Services at its discretion. An order shall not be accepted by the Company, and no binding obligation to supply any Services shall arise, until the earlier of:

 

6.4.1.  Company’s written acceptance of the order; or

6.4.2. Company performing the Services or notifying you that they are ready to be performed (as the case may be).

 

6.5. You are fully responsible for paying all amounts (whether Fiat Money or Digital Asset) owed to us by you. We reserve the right to withhold any payment which is to be made to you until the Company can properly identify and authenticate your identity and/or payment details (as applicable). You hereby grant to the Company a continuing lien and security interest in any and all amounts and/or Digital Asset credited by or due from us to you and any securities, instruments or other property in our possession, whether for safekeeping or otherwise, or in transit to or from us as security for the full and punctual payment and performance of all your liabilities and obligations and such deposits and other amounts and/or Digital Asset may be applied or set off against such liabilities and obligations at any time, whether or not such liabilities are then due, whether or not demand has been made and whether or not other collateral is available to us.

 

6.6. The Services offered by the Company may be subject to fees (the “Fee”). If any fees applicable, the Fee will be displayed on the P2P Platform’s Website and/or Application prior to each transaction/trade. You hereby authorise us to charge or deduct the Fee applicable and owed to us automatically. You shall be responsible for any fees charged by your bank or the p2p platform relating to the purchase of Digital Assets.

 

6.7. Any order placed will be executed once the payment due by the User has been made to the Company’s bank accounts. In the event the payment received is lower and/or higher than the amount required to execute the order, the Company may in its sole discretion:

 

6.7.1. automatically update and execute the order in accordance with the amount paid/received, and notify you of the updated order; or

6.7.2. contact you to receive new instructions; or

6.7.3. cancel and/or reject the order, and refund you.

 

6.8. Rejection of an order by the Company, including any communication that may accompany such rejection, shall not constitute a counter-offer capable of acceptance by you. The Company is under no obligation to execute any suspended, reversed or terminated transactions at the same price or on the same terms.

 

6.9. Marketing and other promotional material relating to the Services are illustrative only and do not form part of the Services and/or the agreement between us.

 

6.10. The Company will use reasonable endeavours to deliver the Digital Asset within a reasonable time in accordance with these Terms.

 

6.11. We will make best efforts to execute all orders however, in some circumstances, please note that we may be unable to. If this is the case, we will notify you and seek your approval to re-attempt execution of your order, or cancel it and make a refund to you.

 

6.12. You understand and accept the risks in buying and/or selling Digital Assets, including the fact that the Company cannot guarantee that any Digital Asset will have, at any time, a certain value (if any) or market liquidity.

 

  1. PRICE AND EXECUTION OF YOUR ORDER

7.1. The price as displayed on the P2P Platform’s Website and/or Application is the price the Company is offering to buy and/or sell (the “Price”).

 

7.2. Any Price displayed is accurate for that moment only and the Price which appears on the P2P Platform’s Website and/or Application upon your order for the Services may not be the actual Price of your transaction. Amongst others, this is due to the highly volatile nature of Digital Assets and the time period necessary for executing the order.

 

7.3. You understand and agree that the Actual Price may be either higher or lower than any other Price which was previously displayed and/or available on the P2P Platforms’ Website and/or Application, in accordance with available liquidity and value fluctuations, and the Actual Price may change either to your favour or detriment and we have no control whatsoever on such change.

 

7.4. No order will be executed unless your identity has been verified to our satisfaction.

 

7.5. Any unexecuted orders will have a pending status and shall not be binding to us for whatsoever reason.

7.6. in case of sale by you of Digital Asset, Fiat Money will be transferred through bank wire transfer accordingly within a reasonable time following the execution of the order, using the details you provide, ONLY if it complies with the anti-money laundering requirements.

7.7. Any transaction executed and/or transfer of Digital Asset by us to you shall be made and/or paid following the deduction of any applicable Fee, including commission fees, which shall be displayed in the Company’s fees and charges in each trade.

 

7.8. Executed transactions and/or orders are non-cancellable, irrevocable, and irreversible. A transaction and/or order can only be cancelled prior to its execution and provided adequate written notice of the cancellation is given to the Company. Transactions and/or orders cancelled before execution and whereby payment has been received by the Company, such payment will be refunded following the deduction of any Fees for such a refund.

 

  1. THIRD PARTY AND YOUR CONTENT

8.1. In using our Services, you may view content provided by third parties, including links to web pages of such parties, including but not limited to Facebook and Twitter links (“Third-Party Content”). We do not control, endorse, or adopt any Third-Party Content and shall have no responsibility for Third-Party Content, including without limitation, materials that may be misleading, incomplete, erroneous, offensive, indecent or otherwise objectionable. In addition, your business dealings or correspondence with such third parties are solely between you and the third parties. We are not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings, and you understand that your use of Third-Party Content, and your interactions with third parties, is solely at your own risk.

 

8.2. You acknowledge that the Company cannot and does not endorse or guarantee the authenticity, identity or reliability of any content and information either posted by any user of the P2P Platform’s Website and/or Application, or attributed to any user of the P2P Platform’s Website and/or Application, thus relying on other users’ content is solely at your own discretion and risk.

 

  1. THIRD PARTY PROCESSORS, AND CHARGEBACKS

9.1. You acknowledge that we may, subject to our sole discretion, use authorised third-party service providers to process any payment between you and the Company, including but not limited to payments in relation to your use of the Services and any transaction executed by you.

 

9.2. In accordance with our Privacy Policy, we may use or transfer your personal data to any other third party service provider for the purpose of providing you with the Services and/or improvement thereof, as well as for any Know Your Customer, Anti Money Laundering and Combating of Terrorist Financing procedures we follow.

 

9.3. If the Company suspects, that a fraudulent act was made by you or in connection to your Account or transaction, including the use of stolen bank accounts or any other fraudulent activity (including reversal of payment, chargeback, recall), we hereby reserve the right to cancel and/or suspend and/or freeze your transaction as well as withhold any payment. In addition to the above, the Company shall be entitled to inform the relevant authorities and/or entities of any such unlawful activity. Notwithstanding the above, and any action taken by the Company, you shall be solely be liable for any unauthorised and/or fraudulent use of your Account and/or bank account, irrespective of whether such banking information were reported theft.

 

9.4. You hereby undertake to reimburse the Company for any losses, costs and/or expenses incurred by it from any chargeback, payment reversal and/or recall.

 

  1. INTELLECTUAL PROPERTY RIGHTS

10.1. All rights, title and interest, including but not limited to, copyrights, patents, trade secrets, know-how, trademarks, marks, logos, trade names, website logos, databases, interfaces, website design, text and graphics, software, photos, videos, music, sounds and the intellectual property rights of software compilation, associated source code, technology and software (including small applications and scripts), any suggestions, ideas, development requests, feedback and all related intellectual property rights (“Intellectual Property”) shall be owned by the Company. Users may not copy, modify, copy, transmit or use any of the foregoing materials or content for commercial purposes.

 

10.2. Your use of our Services shall not mean that we granted any right to you in respect of our Intellectual Property.

10.3. You must not copy, redistribute, publish, reverse engineer, decompile, disassemble, modify, translate or make any attempt to access the source code to create derivative works of the source code, or otherwise; sell, assign, sublicense, transfer, distribute or lease the Intellectual Property; make the Intellectual Property available to any third party through a computer network or otherwise; export the Intellectual Property to any country (whether by physical or electronic means); or use the Intellectual Property in a manner prohibited by any laws or regulations.

 

10.4. You are solely liable and hereby undertake to indemnify the Company for any unauthorised use and/or infringement of Intellectual Property.

 

  1. AVAILABILITY OF SERVICES AND OUR TRANSACTION DESK

11.1. The Company cannot and does not always guarantee the availability of the Services and/or its Desk on the P2P Platform’s Website and/or Application. You acknowledge that the Company reserves the right, at all times, to delay, deny, or make unavailable, at any time and at its sole discretion, any or all of the Services and/or its Desk on the P2P Platform’s. The Company shall have no responsibility and/or liability whatsoever in connection with the unavailability of any Service, whether caused by the Company as aforementioned or by any third party or force majeure event. You explicitly understand that any such event may cause a delay in the execution or processing of your orders and transactions, and you irrevocably release the Company of any claim, demand, or liability in this regard.

 

11.2. Use of the internet may be subject to computer viruses and/or other attacks and communication failures. The Company shall have no responsibility and/or liability whatsoever, for any damage and/or interruptions caused by computer viruses, spyware, trojans, worms and/or other malware that may affect your system and/or equipment nor for any phishing, spoofing or other computer virus attacks. You acknowledge and agree that in connection with your use of our Services or the P2P Platform’s Website and/or Application, you shall be responsible for obtaining and installing all hardware, software and communications services necessary for your use of the Services; installing antivirus or other security software on your device to protect against any security or other vulnerabilities which may arise in connection with your use of the Services.

 

 

  1. COMPLIANCE WITH LAWS AND REGULATIONS

12.1. You hereby undertake not to use our Services and/or P2P Platform’s Website and/or Application in case such use contravenes and/or is contrary to any laws or regulation applicable to you and/or applicable jurisdiction. By using our Services, you represent and warrant that you are compliant with all Applicable Law requirements to which you are subject.

 

12.2. If at any time we believe that your use of the Services and/or Website may not be fully compliant with Applicable Laws, we may refuse to accept you as our User and/or provide you our Services.

 

12.3. You hereby warrant and represent that you do not appear in any international and/or national sanction lists and/or acting on behalf of such person in trust and/or any other capacity.

 

12.4. The Company reserves the right not to accept Users from certain jurisdictions to be determined at the Company’s sole discretion.

 

12.5. It is your sole responsibility to determine whether and what extent taxes apply to any transactions associated with your buy and sell of Digital Assets. We are not obligated to, nor will determine whether, and to what extent, taxes apply, or calculate, collect, report, or remit any taxes to any tax authority arising from any transaction. You are exclusively liable and/or responsible to inquire and pay to the appropriate authorities any taxes resulting from your use of the Services and/or transactions conducted.

 

  1. SUSPENSION, TERMINATION AND CANCELATION

13.1. You acknowledge that, at any time, the Company, with or without notice and liability to you, and in its sole discretion for any reason whatsoever are entitled to:

 

13.1.1. to suspend your use of the Services;

13.1.2. terminate use of the Services;

13.1.3. refuse and/or decline execution and/or processing of any order and/or transaction;

13.1.4. refuse your application to use our Services and change the eligibility criteria for registration;

13.1.5. restrict your access to the Services;

13.1.6. withhold any payment and/or transfer of Fiat Money and/or Digital Asset;

 

13.2. In the event the Company exercises any of its rights mentioned in Clause 13.1 above, it shall not be obliged to provide any reasons and/or justifications whatsoever.

 

13.3. You may terminate your order by submitting your request at the Company’s email [email protected], accompanied by such information and supporting documentation, including as necessary for verifying your identity and authenticity of the instructions received. Notwithstanding any request for termination or cancellation of your order, you will remain responsible for any outstanding duties, liabilities and/or obligations that have already accrued as of the effective date of termination or cancellation of the order. To this effect, you undertake to pay us any Fiat Money and/or Digital Asset owed to us by you.

 

13.4. Exercise of the right to terminate, cancel, limit and suspend the Services shall not prejudice any other rights or remedies which we may have under these Terms and Conditions and/or under the Applicable Law.

 

13.5. Following termination of your transactions, or our business relationship with you, we may retain your personal information in line with the Law on the Protection of Personal Data in order to comply with our legal and/or regulatory obligations, and our legitimate interests.

 

  1. LIMITATION OF LIABILITY AND INDEMNIFICATION

14.1. The Services are provided on an “As Is” and “As Available” Basis without any representation or warranty, whether express, implied or statutory.

 

14.2. The Company specifically disclaims any implied warranties of title, merchantability, satisfactory quality, fitness for a particular purpose and/or non-infringement. The Company does not make any representations or warranties that your access and/or use of the Services, P2P Platform’s Website and/or Application, the Intellectual Property, and/or any part or materials made available therein, will be complete, error free, continuous, uninterrupted, accurate, that defects will be corrected, and/or the software or the server that makes it available are free of viruses and bugs, and makes no representation pertaining to the full functionality, accuracy, reliability of the materials and/or as to results, or the accuracy of any information obtained by you through the Services and/or P2P Platform’s Website and/or Application. The entire risk as to the use, quality, and performance of the Services and/or transaction Desk on the P2P Platform lies with you.

 

14.3. To the maximum extent permitted by Applicable Law, in no event will the Company, its affiliates or service providers, or any of their respective officers, directors, agents, joint venturers, employees or representatives, be liable to you or anyone on your behalf, for any direct, indirect, special, incidental, intangible, or consequential damages or loss of any kind, including without limitations, loss of business, profits, revenues, data, contracts or anticipated savings, savings, opportunity, discount or rebate, harm to reputation or loss of goodwill; and/or loss or any damage,  whether based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorized or unauthorized use of the Intellectual Property, P2P Platform’s Website and/or Application and/or our Services.

 

 

14.4. The Company has no obligation or permission to maintain or access your Account name or password on the p2p platform. The company shall not be liable if you misplace, forget, or lose your Account name or password.

 

14.5. Notwithstanding anything in these Terms and Conditions, to the extent permitted by law, in no event shall we or any of our representatives will be liable to you for any losses, claims or damages in connection with i) any interruption, delay, suspension, amendment, termination or failure of the Services; ii) any refusal to process or authorise, or any reversal of, any transaction of any reason; iii) your inability to effect or complete any transaction due to system maintenance or breakdown, non-availability of the P2P Platform’s Website or Application; iv) use of your device and our Services by third parties whether authorised or unauthorised by you; v) any theft of loss of your device; vi) any unauthorised on ineligible use of our Services contrary to these Terms and Conditions.

 

14.6. The Company shall not be liable in any way for the transfer of any and all Digital Asset and/or Fiat Money if you provide us with any incorrect and/or incomplete information and/or wallet address (if applicable).

 

14.7. The Company shall grant no warranties, representations or guarantees regarding the time required to complete and/or execute any request(s) and/or order(s) provided by you, which are dependent upon factors outside of the Company’s span of control.

 

14.8. You should verify all information contained on the P2P Platforms before relying on it and all decisions based on information contained on the P2P Platform’s Website and Application are your sole responsibility and the Company shall have no liability whatsoever for your decisions.

 

14.9. Any disputes between you and any other user of the P2P Platform shall be exclusively resolved between you and such user. You release the Company, its Affiliates, service providers, and each of their respective officers, directors, agents, joint ventures, employees and representatives from any and all claims, demands and damages (actual and consequential) of every kind and nature arising out of or in any way connected with such disputes.

 

14.10. You shall indemnify, defend and hold harmless, the Company its Affiliates, third-party service providers, and any of their respective employees, officers, directors, agents, joint ventures, and representatives from and against any claim and demand (including attorney’s fees and any fines, fees or penalties imposed by any regulatory authority) losses, damages, liability, fines and/or penalties, costs (including legal fees) and expenses incurred by the Company as a result of or in connection with your breach of any your obligations under these Terms and Conditions, your use of the P2P Platform’s Website and/or Application and our Services and/or any violation by you of any Applicable Laws or rights of third parties.

 

  1. NO PROFESSIONAL ADVICE

15.1. The Company does not provide any investment, tax, financial advice or any other professional advice, recommendation and/or guidance whether in connection with the Services or otherwise and nothing can be construed to amount to the same.

 

15.2. From time to time we may provide through communication on our Desk at the P2P Platform’s information on the market and/or Digital Assets, however, such information should under no circumstances be considered and/or construed as investment advice, recommendation, guidance and/or instigation to act. Any content on our Desk on the P2P Platforms should not be considered as such advice or a substitute for tailored investment or financial advice. The contents of the P2P Platform’s Website and the Application should not be used as a basis for making investment decisions and should not be construed as an attempt to market or promote any type of Digital Asset.

 

15.3. All decisions concerning the use of the P2P Platforms and/or Services are solely taken by you and on your own free will.

 

  1. ANTI-MONEY LAUNDERING AND COUNTER TERRORIST FINANCING PROGRAM

16.1. The Company is committed to combating anti-money laundering and counter terrorist financing, as such it has implemented procedures and systems aimed at allowing it to identify and mitigate the use of its Services for illegal purposes.

 

16.2. We have designed our Anti-Money Laundering and Counter Terrorist Financing Program (“Program”) to reasonably prevent money laundering and terrorist financing through a risk-based, multi-layer control system.

 

16.2.1. The first layer includes a stringent customer identification program, including verifying the identity of our Users, in addition to obtaining identification information, consistent to international standards such as the Financial Action Task Force (FATF).

 

16.2.2. The second layer includes a risk-based system to warrant additional customer due diligence. To accomplish this, we screen our Users (including beneficial owners) against the entities/persons on Ministry of Treasury and Finance of the Czech Republic Sanctions Lists, Ministry of Interior of Czech Republic’s Terrorism List, the European Union’s Consolidated List, United States Office of Foreign Assets Control (OFAC) Sanctions Lists, and the United Nation Security Council’s Consolidated Sanctions List, among other government-provided lists of sanctioned individuals and entities. We also may screen against other lists on a discretionary basis to protect our reputation and customers.

 

16.2.3. The third layer includes ongoing monitoring to identify suspicious activity. If our Program suspects or has reason to suspect suspicious activities have occurred, we will notify competent authorities by submitting suspicious activity reports..

 

16.3. These are the primary components of our compliance Program; however, the most important glue or connection to these layers are our management team and staff, including Anti-money laundering and Compliance departments that execute training, oversight and a sound compliance culture.

 

  1. RISKS OF USING DIGITAL ASSETS

17.1. Please be aware that the regulatory landscape of digital assets is still dynamically evolving. The absence of a comprehensive regulatory framework governing cryptocurrencies may result in a potential shortfall in the level of protection afforded to you.

 

17.2. Trading and/or investing in Digital Assets involve a significant amount of risk and value or price of the Digital Assets can fluctuate rapidly at any given time. Due to the fluctuations, you may make a profit or loss accordingly, and in certain situations it can lose its entire value.

 

17.3. Digital Assets also may have risks not generally affecting Fiat Money as they may not be backed by governments and/or commodities.

 

17.4. As with anything dependent on technology, Digital Assets have the inherent risk of software failure and/or malicious electronical and/or physical attacks that could result in the loss and/or theft. 

 

17.5. This Terms and Conditions and the Company’s other policies cannot disclose all potential risks and considerations associated with the use of the Company’s Services and Digital Assets.  The abovementioned is not an exhaustive list and there are additional risks that are not mentioned herein. You should seek independent advice in this regard and only transact with the Company if you understand the nature of the transactions you are undertaking and your exposure to risk.

 

17.6. In addition to the above, the Company uses banking institutions in order to receive the funds you transfer in return of Digital Asset purchases, and to make payments to you. In this case, you will be subject to the terms and conditions of relevant third parties. Although our business partners, banks and service providers are reputable organizations, the Company cannot and under no circumstances can be held liable for any failure, delay, or damage of such institutions, banks and/or service providers.

 

17.7. Similarly, the Company may receive liquidity from reputable liquidity providers in order to provide its Services. Failure of the liquidity providers is an inherent risk, and the Company cannot be held responsible and/or liable in any way whatsoever for failure, loss or damage of the liquidity providers.

 

  1. NOTICES AND COMMUNICATION

18.1. Notices to us must be sent electronically to our Customer Support system at [email protected] in writing or through the live chat system.

 

18.2. By using our Services, you agree that we will provide you with any notices or communications i) electronically via your registered email address in our records, or ii) the physical address provided by you to us, iii) the live chat system on the p2p platform, iv) any other contact address and/or number provided by you.

 

18.3. For notices made by the Company through email, the date of receipt will be deemed as the next Business Day on which such notice is transmitted; if made by the live chat system on the p2p platform, the date of receipt will be the time of sending the messages through live chat;

 

18.4. Any change to your contact details shall be notified in accordance with clause 18.1 and shall be effective on the date of the discovery by the Company.

 

18.5. This clause shall not apply to the service of any documents or information in respect of any court and judgment proceedings, or, where applicable, any arbitration.

 

  1. DISPUTE RESOLUTION

19.1. Any dispute arising out of or in connection with these Terms and Conditions shall be dealt with in accordance with this clause.

 

19.2. The dispute resolution process may be initiated at any time by either Party serving a notice to the other Party in writing that a dispute has arisen. The notice shall include all necessary information as to the nature of the dispute.

 

19.3. Parties shall use all reasonable endeavours to reach a resolution by negotiating through the following procedures:

19.3.1. within 14 (fourteen) days of service of the notice, the Parties shall conduct a phone call to discuss the dispute and attempt to resolve it.

 

19.3.2. if the dispute has not been resolved within 14 (fourteen) days of the first phone call, then the matter shall be referred to the Senior Management (or persons of equivalent seniority). The Senior Management (or equivalent) shall conduct a phone call with the other Party within 7 (seven days) to discuss the dispute and attempt to resolve it.

 

19.4. The dispute resolution procedure under clause 19.3 shall include the preparation and submission of statements of fact or of position regarding the dispute. ​​

 

  1. ENTIRE AGREEMENT

20.1. These Terms and Conditions constitute the entire agreements and understandings between you and the Company and supersede all other agreements, understandings, and arrangements, whether in writing or oral, express or implied in respect of this subject matter.

 

20.2. You acknowledge that you have not entered into and/or executed any transactions and/or order and/or documents in reliance on, and shall have no remedies in respect of, any representation or warranty that is not expressly set out in these Terms and Conditions.

 

  1. NO PARTNERSHIP OR AGENCY

Each Party is an independent person, and nothing in these Terms and Conditions shall be deemed to create between you and the Company any other form of relationship, and the parties shall not be deemed to be partners, joint ventures, agents or employee-employer. User is not authorized to make any commitment on behalf of the Company.

 

  1. ASSIGNMENT

You may not assign, transfer or delegate any rights, receivables, obligations and/or licenses granted under these Terms and Conditions to third parties, partially or entirely, including without limitation, the right to use the transaction and/or trade with us which is exclusively for your personal use. Company reserves the right to assign, transfer and delegate its rights, receivables and obligations under this Terms and Conditions without restriction, at any time, partially or entirely, including without limitation to any Company Affiliates or subsidiaries, or to any successor in interest of any business associated with the Company’s Services. In such case, the transfer, assignment or delegation of these Terms and Conditions shall bind the Parties, their successors and permitted assignees. Any attempted transfer, delegation or assignment in violation hereof shall be null and void.

 

  1. SEVERABILITY

The invalidity of any provision of these Terms and Conditions shall in no way affect the validity of the other provisions. If any provision of these Terms and Conditions is rendered unenforceable by a law, regulation or decision of a judicial or administrative authority, the remainder of these Terms  and Conditions shall not be affected and shall be construed in accordance with the intent of this agreement to the fullest extent possible under Applicable Law.

 

  1. CHANGE OF CONTROL

In order for us to meet our legal obligations, or based on our legitimate interests we may need to process your personal data in connection with the negotiations of any acquisition, merger, sale, bankruptcy, or other change of control.

 

  1. PERSONAL DATA PROTECTION

25.1. As our Privacy policy is represented to your attention on our website www.eurevo.net before you start using our Services, you confirm by initiating a trade, that you have read, understood and accepted our Privacy policy and understand how we process your personal data.

 

25.2. We might share and transfer your personal data within the Company entities and its third parties in relation to the delivery of service to you. This will include certain personal information and/or documentation about you, including with respect to a transaction executed by you as needed to complete the transaction and/or as required under any inquiry or in the event of detection or prevention of fraud or money laundering or suspicion of such. In such cases, we will rely on the legal grounds set out in the Law on the Protection of Personal Data. We will however, take all reasonable measures to safeguard your personal data from any unauthorised access.

 

25.3. For full and comprehensive information about when and why we collect your personal data, how we use it, the conditions under which we may disclose it and how we keep it secure, please refer to our Privacy policy.

 

  1. SURVIVAL

All provisions of these Terms and Conditions which by their nature extend beyond the expiration or termination of these Terms and Conditions, including, without limitation, sections pertaining to suspension, termination, and cancellation, debts owed to the Company, general use of the Services, disputes with the Company, limitation of liability, and general provisions shall continue beyond such termination and/or rescission.

 

 

  1. FORCE MAJEURE

The Company shall not be liable for any partial or complete, temporary or permanent suspension of its Services or its transaction Desk on P2P Platforms or its delay, failure of performance due to the events beyond control of the Company that cannot be reasonably foreseen, including but not limited to any i) fire, explosions, storms, floods, earthquakes, migration, epidemics, pandemics and other natural disasters, ii) acts of civil or military authorities, terrorists, civil commotion, war, embargoes, mobilisation, riot, occupation, strike or other labour actions, iii) actions of courts or domestic or foreign government authorities, legal impediments v) failure or interruption of telecommunications, information systems or Internet services or network provider services, v) loss or failure of utilities, equipment and/or software or blockchain networks, hard forks vi) delays, failures or interruptions in third party services, including P2P Platforms, vii) viruses, malware, malicious computer codes or hacking of the Company’s services, or viii) other catastrophe or any other occurrence which is beyond Company’s reasonable control. The User shall not have the right to claim the damages incurred due to the delay and the prevention of the performances.

  1. EVIDENTIAL AGREEMENT

In disputes related to these Terms and Conditions, the Company’s electronic and system records, commercial records, book records, microfilm, microfiche and computer records, records on the blockchain network shall constitute binding, conclusive and exclusive evidence.

 

  1. THIRD PARTY RIGHTS

29.1. Except as specified in Clause 22, a person who is not a party to these Terms and Conditions and the agreement between us shall not have any rights to enforce any of the provisions of these Terms and Conditions.

 

29.2. Any Affiliate of the Company shall be entitled to enforce any of the provisions of these Terms and Conditions and the agreement between us. The consent of any such Affiliate is not required in order to rescind or vary these Terms and Conditions or any provisions of them.

 

  1. GOVERNING LAW AND JURISDICTION

30.1. Each Party agrees that any dispute arising and relating to these Terms and Conditions shall first be resolved by contacting the other Party directly in the attempt to reach an amicable resolution in accordance to Clause 19 above.

 

30.2. These Terms and Conditions shall be governed exclusively by the laws of the Czech Republic. Any dispute arising from or in connection with the Terms and Conditions shall be subject to the exclusive jurisdiction of the Czech Republic Courts and Execution Offices.

 

30.3. The Parties agree to keep confidential all matters relating to the dispute and related court and judgment proceedings, if any, to the greatest extent practicable.

 

EUREVO Evolution s.r.o., is a limited liability company registered in Czech Republic (registration number 21462151).
The Company is regulated and supervised by the Financial Analytical Office (FAU) to provide services related to virtual assets.

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