As used herein, "Company", "Swapzone", "Ourselves", "Website", "We", and "Us" refer collectively to the internet website "Swapzone.io" ("Website") and to its owners, operators, employees, directors, officers, employees, agents, insurers, suppliers, and attorneys.
"Party" refers to either You or Us, whereas "Parties" refers to You and Us collectively.
The term "Virtual Currency" or "VCs" refers to cryptocurrencies, i.e. unregulated digital assets, such as Bitcoin, NEO, Ether, Litecoin, Ripple, Dash, among others, which are created and generally controlled by their developers, and are used and accepted by specific virtual communities.
Depending upon context, "Swapzone" may also refer to the services, products, website, content or other materials (collectively, "Materials") provided by the Company.
The Services are strictly available for personal use by residents of jurisdictions where transactions involving VCs or trading and exchanging VCs are legal or not restricted.
Swapzone is neither the creator nor the administrator of any VC. It merely acts as an aggregator, informational service provider and intermediary between the User and various virtual currency exchanges (“VC exchangers”) across the globe that act as external third parties with respect to Swapzone.
The Service operated by the Company in the name of Swapzone informs Clients of current proposals on the market, compares them and allows buyers (i.e. Clients who request VCs exchange services) ("Buyers") and sellers (i.e. VC exchangers) ("Sellers") to exchange VCs. Some VC exchangers support exchanges of VCs to fiat money and vice versa.
VC exchange transactions are arranged solely between Buyers and Sellers. The Website's Services are limited to technical provision of user interface to facilitate the transaction; Swapzone is neither a party to VC exchange transaction, nor has any rate or commission decision making powers.
Fees of all kinds are included in the quantities shown to You during the comparison of VC exchange rates, unless specifically stated on the Website.
The only form of payment for fees shall be VCs.
Swapzone's Service is provided to Clients free of charge. Swapzone doesn't receive any payments from Buyers – all fees paid go from Buyers towards Sellers directly. For this reason, Swapzone can not be responsible for any reimbursements, refunds as well as carry any other financial liability towards Clients. In the event any VC transfers are erroneously credited, the User is required to notify the relevant VC exchange or to the rightful owner, as confirmed by the relevant VC exchange.
VCs' generation, distribution, retention and termination, as well as the volatility of their markets, are beyond Swapzone's control.
Swapzone does not provide any warranty of any kind, either express or implied. The Services, the Website, Materials and any information or content contained therein are provided on an “as-is” and “as available” basis. The User availing of the Services and / or dealing in VCs does so at their own risk and with full disclosure of possible wiping out of the entire holding or valuation. In case any of the risk factors occur, including but not limited to changes in regulatory or legal position in Georgia or restrictions placed on Swapzone, Swapzone expressly disclaims any warranty regarding the Website or the Services.
Swapzone does not encourage the violation of any laws and cannot be held responsible for violation of such laws in any jurisdiction of the world. It is Your responsibility to follow the laws of Your country of residence and/or country from which You access this Website. Likewise, Swapzone expects the same of VC exchangers, but it is unable to control their services, nor does it have the technical, legal or any other ability to ensure they comply with all applicable laws, rules, regulations, and license requirements. It is not Swapzone's responsibility to conduct due diligence on VC exchangers, and it cannot be held responsible in any circumstances if VC exchangers are found to be in violation of applicable laws, rules, and regulations as well as official license requirements. All concerns and claims regarding VC exchange transactions should be addressed directly to VC exchangers.
It is Your responsibility to determine, collect, report, and submit any taxes applicable to the payments You make or receive in connection with the use of the Website and the Service to the appropriate tax authority. In no case does Swapzone determine if taxes apply to Your transaction, or collect, report, or remit any taxes related to transactions You conduct through the Website.
The use of the Website and the Service may entail the following risks:
Unless otherwise specified, all Materials on this Website are the property of the Company and are protected by copyright, trademark, and other applicable laws. You may view, print, and/or download a copy of such Materials on any single computer solely for Your personal, informational, non-commercial use, provided You keep intact all copyright and other proprietary notices. The trademarks, service marks, and logos of Swapzone and others used in this Website whether registered or not ("Trademarks") are the property of the Company and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video, and audio used on this Website belong to the Company. The Trademarks and Materials should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. It is strictly prohibited to use any of these Materials on any other website or networked computer environment for any other purpose. Any unauthorized use may violate copyright, trademark laws, or other applicable laws and could lead to criminal or civil legal action.
We reserve the right, at our sole discretion, to prosecute infringers of intellectual property rights in accordance with applicable civil, administrative, and criminal law.
Each User shall ensure compliance with the following terms while availing or accessing the Website or the Service:
The Website is solely for personal and non-commercial use.
You further agree that You will not use or trade in VCs using VCs than Your own and obtained through legal channels and for legal purposes.
You hereby agree that You shall not use the Website or the Service in connection with any activity violating any law, statute, ordinance, or regulation of any jurisdiction. Further, you shall not exchange VCs through the Website that are obtained through illegal activities, and you shall not use the Service to carry out any illegal activity, such as money laundering, illegal gambling, terrorist financing, and malicious hacking, in any jurisdiction.
Your source of VCs exchanged is unknown to Swapzone, so it is Your responsibility to ensure they always originate from legitimate sources.
VC exchangers may request additional information from You, including authenticating documents, and may freeze any transaction pending their review if there is any suspicious activity relating to the transaction undertaken by You via the Website.
A VC exchange can retain and confiscate all VCs sourced from what they believe to be illegal or suspicious sources at its sole discretion. Swapzone is not responsible for any actions taken by VC exchangers in this regard.
Notwithstanding the above mentioned, Swapzone is not liable for Buyer's KYC and AML compliance. While we strive to create a safe environment for VC enthusiasts, We are not responsible for their actions or those of other Users. Swapzone only acts as an information intermediary and an aggregator of various VC exchanges. In case of any technical or manual error that happens by Swapzone, the Company will, on a best-effort basis, take the steps to make the necessary corrections to the transactions and/or records involved and will notify You about the correction in a timely manner. Any liability created by such a correction shall be assumed by You.
The Website may provide links or other forms of reference to other websites ("External Websites") or resources over which We have no control. You acknowledge that Swapzone is providing any such links or references of External Websites or resources to You, including APIs to various virtual currency exchanges, only as a convenience to You. As a result, Swapzone makes no representations about any External Websites that You may access through or via this Website, including whether these External Websites are free of viruses, worms, trojan horses, and other destructive elements.
All third party content on the Website, including opinions, advice, statements, prices, activities, and advertisements, are not the responsibility of Swapzone, and You assume all risks from using such content or from trading VCs on such External Websites.
Abuse of this nature by the User will result in immediate access restrictions, and such activities will be reported to appropriate regulatory and statutory bodies.
All suspicious activities will be reported by Swapzone to the relevant authorities, for the purpose of initiating an investigation and prosecution against You if necessary.
Masking IP addresses or hiding transaction details using circumvention or obfuscating technologies is prohibited.
Users must not create or circulate any technologies that violate or facilitate the violation of the terms hereof, including masking IP addresses or obscuring transaction details.
It is forbidden for users to misrepresent, misinform or misguide Swapzone in any way. The User is hereby duly informed that all details will be shared with government authorities, and the User is solely responsible for providing accurate information or for legal action if they provide false or inaccurate information.
The User is cautioned against undertaking any suspicious activity on or through the Website. We reserve the right, but not the obligation, to verify suspicious or large transactions undertaken by You by sharing Your IP address with the relevant authority and, if necessary, contacting the relevant VC exchange on this matter.
The User of this Website is solely responsible for their actions in connection with the use of the Website and Service.
Swapzone is not responsible for the outcome, whether positive or negative, of any action performed by any of its Users within or related to the Website / Service.
The use of Swapzone may carry risks as also detailed in the Risk section above, and is to be used as an experimental software only.
If applicable law does not allow the above limitations of liability to apply between You and Swapzone in whole or in part, the limitations of liability will apply only to the extent permitted by applicable law.
We may, in appropriate circumstances and at our sole discretion, initiate the above actions for any reason, including without limitation:
Upon termination of this Agreement or earlier determination, the rendering of the Services shall stand immediately terminated by the Company and the User shall not be entitled to access or avail the Website.
The Parties agree to first attempt to resolve disputes by negotiation. In case of a dispute, the Client should contact the support service via email at [email protected] by any other means specified on the Website, indicating that the matter should be brought to the attention of Swapzone's legal team. Swapzone's legal team must provide a written response within 10 business days via the Client's means of communication specified in the request.
Over time, We may unilaterally amend Agreement, including to comply with the latest changes in the applicable law and jurisprudence. All changes come into force from the moment they are published on this page, unless a different period is indicated in the text of the amendments. We will make every effort to organize additional ways to notify You of amendments, but we ask you to regularly check for the latest version on the Website yourself.
Legal entity's name: Block Back LLC
Registration number: 402184710
Legal address: 0105, Georgia, Tbilisi, Didube District, Uznadze Str., N 111, Building N2, Apartment N11