1. Introduction

By accessing or using our crypto-backed loan services, you agree to be bound by these Terms & Conditions. Please read them carefully before using our services.

2. Eligibility

• You must be at least 16 years old or the age of majority in your jurisdiction.
• You must pass all KYC/AML requirements as mandated by applicable law.
• You agree that you are not located in, or a citizen of, a country or jurisdiction where our services are prohibited.

3. Loan Application

• Users must deposit acceptable cryptocurrency as collateral to apply for a loan (deposit is required immediately after agreement signing).
• Loan-to-Value (LTV) ratio is set between 50% - 90% based on your standing with us and may vary based on the cryptocurrency used as collateral.

4. Collateral

• All collateral is held securely in our cold storage wallets to minimize risks of online exposure.
• You remain the legal owner of the collateral, but you grant us the right to liquidate it under adverse conditions.

5. Interest and Fees

• Interest rates and fees will be specified at the time of loan issuance (in the contract you sign) and may differ based on the cryptocurrency used.
• All fees are non-refundable unless explicitly stated otherwise.

6. Repayment

• We allow a flexible repayment schedule. You can pay any part or all of the loan before the Repayment Deadline. This date will be specified in the contract.
• Failure to meet repayment deadlines may result in the liquidation of collateral to cover outstanding debts.
• You can also make EMI payments if you prefer, this can be adjusted to match your repayment preference.

7. Liquidation of Collateral

• We reserve the right to liquidate your collateral in adverse situations, such as if the LTV threshold is breached.
• Collateral may be converted to stablecoins or fiat to cover outstanding debts and fees.
• You will be notified of an impending liquidation where possible. We will try to provide you options to avoid this, there is no automatic liquidation.

8. Account Security

• You are responsible for maintaining the security of your own wallet access keys. Do not share these with us.
• We are not liable for any loss resulting from unauthorized access to your account.
• Our accounts are all multisignature cold wallets and collateral refund processes will be manually overseen by our auditor.

9. Risk Disclosure

• Cryptocurrency values are volatile, and you accept all risks related to price fluctuations that may affect your collateral or loan obligations.
• We do not guarantee profit or protection from loss. However we will attempt to offer support where it is financially reasonably and humanly possible without creating business risk for us.

10. Prohibited Use

• You agree not to use our services for money laundering, terrorist financing, or any illegal activity.
• We reserve the right to freeze, terminate, or report accounts suspected of illegal activity to relevant authorities.

11. Dispute Resolution

• Any dispute arising from these terms will be resolved under the laws of Panama.
• Disputes shall be resolved through Mediation or Arbitration before formal legal proceedings are initiated.

12. Changes to Terms

• We reserve the right to update or change these Terms & Conditions at any time.
• Users will be notified of changes via the website or registered email address.

13. Contact Us

For any questions or clarifications regarding these Terms & Conditions, you can reach us at [email protected].